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3 years ago

The demand curve that talero faces is identical to which of its other curves? check all that apply.

1 answer:

3 0

It is the marginal revenue curve. Since a superbly focused firm faces a splendidly elastic demand curve to the market value, it can offer any amount it picks at this cost. This appears as the horizontal demand curve at the market price.Because all units delivered are sold at the market cost, the adjustment incomplete income that outcomes from a oneunit increment in the amount sold are equivalent to the cost. Hence, marginal revenue curve is the same as the company's request bend and plots as an even line at the market cost

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Which of the following statements about lump-sum taxes is correct A. A lump-sum tax means that tax revenues vary directly with G

Deffense [45]

D

Lump-sum taxes are described as regressive taxes, meaning that the more income one has, the less they pay in proportion of their income to tax. As a result, they all pay the same, which coincides with D.

3 0

3 years ago

On April 12, Hong Company agrees to accept a 60-day, 10%, $4,500 note from Indigo Company to extend the due date on an overdue a

yulyashka [42]

Answer:

Dr Notes Payable 4500

Dr Interest expense 75

Cr Cash 4575

Explanation:

Based on the information given if On April 12, the Hong Company agrees to accept a 60-day which include the amount of $4,500 note from Indigo Company which means that in order to extend the due date on an overdue account the journal entry that Indigo Company would make, when it records payment of the note on the maturity date is :

Dr Notes Payable 4500

Dr Interest expense 75

(4500/60 days)

Cr Cash 4575

(4500+75)

7 0

3 years ago

Research the challenges associated with payments across international borders and prepare a brief summary of your findings. Do m

NemiM [27]

Answer:

The main challenge associated with payments across international borders is the challenge of currency rates. Because currencies vary across countries, sometimes a payment can be either hugely benefitial or hugely detrimental for a company, depending on how expensive or cheap its domestic currency is compared to the foreign currency.

Another challenge is related to international legislation, banking systems, red tape, and so on. Banking laws in some countries are more favorable to firms than in others, for example, by charging less financial expenses or comissions.

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3 years ago

Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that each of the following transa

harkovskaia [24]

Answer:

See explanation section

Explanation:

Cash Net Income

a) Purchased $100 of supplies for cash -$100 No Effect

Note: Purchasing supplies will reduce cash that is an asset and on the other hand, supplies is also an asset which will increase due to purchase. Therefore, no effect on net income.

b) Recorded an adjusting entry to record No Effect -$20

use of $40 of the above supplies.

Note: Using of supplies means supplies will reduce. That means asset will reduce. On the other hand, an expense, that is, supplies expense will increase that leads to the decrease on net income.

c) Made sales of $1,300, all on account. No Effect $1,300

Note: Sales on accounts will affect the net income directly but as the company does not receive cash, there is no effect on cash.

d) Received $800 from customers in $800 No Effect

payment of their accounts

Note: Receive cash will affect the cash, $800. As accounts receivable decreases, there is no effect on net income.

e) Purchased equipment for cash, $2,500 -$2,500 No Effect

Note: Purchasing equipment will reduce cash that is an asset and on the other hand, equipment is also an asset which will increase due to purchase. Therefore, no effect on net income.

f) Recorded depreciation of building for No Effect -$600

period used, $600

Note: Depreciation of building is an expense, therefore, net income will decrease. As depreciation expense is a non-cash account, no effect on cash.

4 0

3 years ago

Drag each label to the correct location on the image.

igor_vitrenko [27]

Answer: HMO: Primary Care Physician, In network only

PPO: Referral requirements, Out of network doctors

Explanation:

8 0

3 years ago

Read 2 more answers