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ElenaW [278]
3 years ago
13

Even when special journals are used, closing journal entries are recorded in the general journal. True False

Business
1 answer:
ruslelena [56]3 years ago
6 0

Answer:

TRUEEE

Explanation:

this is true

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Abby purchased 100 shares of her dad’s favorite stock for $25.80 per share exactly 1 year ago, commission free. She sold it toda
Zina [86]

Answer:

2865.09

Explanation:

V0 = #Shares * Price per Share

V0 = 100 * 25.8 = 2580

V1 = Today´s Value

V1 = 2865

Return Year 1 = (V1 - V0) / V0

Return Year 1 = (2865 - 2580)/2580

Return Year 1 = 11.05%

New Investment

Abby's desire is to get the same return of 11.05%. So for the next year her investment should be 2580 * (1 + return) --> 2580 * (1 + 0.1105) = 2865.09.

Remember that we are assuming that the 50 are part of the purchase price and we are assuming that she did not add any money.

8 0
3 years ago
At which stage of the business cycle would the economy be at when GDP begins to rise and the unemployment rate begins to fall?
Lyrx [107]

Answer: A - peak

Explanation:

Just took the test the other answer is wrong!!!

4 0
3 years ago
Three Economic Concepts: Summary of your group discussion:
lesya692 [45]

Answer:

orange: scarcity, supply and demand, costs and benefits yellow: how do sanctions affect Russia's economy?, why are there sanctions in Russia?, who's or what's the cause of the sanction? blue: Russia could have issues with veto and passing laws. They had too much stuff to watch out for and needed more resources. Wanted to be smart with their decisions. (I tried my best sorry if I messed up somewhere forgive me :-;)

Explanation:

6 0
2 years ago
Suppose that you observe a market with four firms, each with about 25% market share. What does it suggest about the following at
Nostrana [21]

Answer:

It suggests that they are not doing anything competitively different.

Explanation:

Network externalities if well harnessed should bring about an increase in end users satisfaction and value derived.

Multi housing costs, ordinarily, and when taken as a whole, should results to an overall minimization of the total costs. Economics of scales and other resources are centrally allocated here, and the effect should be a gain to the entity.

Level of differentiation across firm's offerings - products or services, signals the procedures an organization adopt to mark the uniqueness of their products or services. It shows how distant they are among the other varying sets.

Thus, from the case given, the four firms have the same share of the market - 25%. The implication is that as far as we are concerned, their level of activities and postures in the market is same and/or similar. This ultimately cuts across the network externalities, multi housing costs and the level of differentiation of firm's offerings. They are thus not competitively different.

5 0
4 years ago
While the personal computer industry is flooded and growing with laptops and tablets, John recently bought a desktop, his first
rodikova [14]

Answer:

3. Laggards

Explanation:

Laggards are the last step of the new product development stage. In this laggard means Marketing laggards that constitute a group of customers who resist improvement and may not be prepared to accept a new product till all conventional alternatives are no longer accessible

In the given situation, the laggards i.e option 3 is fitted to the given scenario

Hence, the third option is correct

7 0
3 years ago
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