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Anni [7]
3 years ago
12

Statement Of Owner's Equity Jay Pembroke started a business in April. Prepare a Statement of Owner's Equity using the following

balances for April transactions. Cash $12,165 Accounts Receivable 1,811 Office Supplies 4,747 Prepaid Insurance 1,492 Accounts Payable 346 Jay Pembroke, Capital 17,536 Jay Pembroke, Drawing 100 Service Fees 3,033 Rent Expense 600 You will need to calculate the net income for April.
Business
1 answer:
Dovator [93]3 years ago
3 0

Answer:

$2,433

Explanation:

Net Income = Sales - Expenses

where,

Sales = $3,033

and

Expenses = $600

therefore,

Net Income = $3,033 - $600 = $2,433

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Answer:

The correct word for the blank space is: price war.

Explanation:

An Oligopoly is when a small group of two or more companies dominates a market. Oligopoly firms may consent to market collusion, and create barriers to new commerce entry. If the businesses do not, they will probably be forced to lower their prices and open the market to new and smaller companies.

<em>In the event one of the firms forming the oligopoly decides to lower prices, a </em><u><em>price war</em></u><em> occurs breaking the balance of the oligopoly and destabilizing the equilibrium of demand and supply in that market.</em>

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3 years ago
Hypotension in a child with blunt or penetrating trauma is particularly significant because?
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<h3>What is a Hypotension?</h3>

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6 0
1 year ago
True or False
Ilya [14]
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Explanation:

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