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777dan777 [17]
2 years ago
8

In a competitive market, no single producer can influence the market price because:

Business
1 answer:
AURORKA [14]2 years ago
8 0

Answer:

many other sellers are offering a product that is essentially identical.

Explanation:

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On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has
swat32

Answer:

debit to treasury stock for $90,000

Explanation:

Vermont corporation

Purchased × Shares of treasury stock per share

Purchased 3,750

Shares of treasury stock for $24 per share

Hence:

Purchased 3,750 × shares of treasury stock for $24 per share

=$90,000

Therefore journal entry to record the purchase of the treasury shares on february 1 would include a debit to treasury stock for $90,000

4 0
3 years ago
Stan has a summer beach cottage that he has owned for many years. The cottage is valued at $ 125 comma 000. This​ year, Stan spe
anzhelika [568]

Answer:

Case 1. $850

Case 2. $2.300

Explanation:

  • Improvement in cottage would cost (250 + 600) = 850. So, increase in GDP is 850.
  • If he actually hired the painter total cost would be (1.000 + 250 + 450 + 600) = 2.300. So, increase in GDP is 2.300
8 0
3 years ago
Oriole Company has issued three different bonds during 2022. Interest is payable annually on each of these bonds. 1. On January
Solnce55 [7]

Answer:

Transaction 1

Debit : Cash  ($1,000 x 1,000) $1,000,000

Credit : Bond Payable  $1,000,000

Transaction 2

Debit : Cash  ($854,000 x 101.30%) $865,102

Credit : Bond Payable  $865,102

Transaction 3

Debit : Cash  ($281,000 x 99%) $278,190

Credit : Bond Payable  $278,190

Explanation:

On each issuance date recognize a cash inflow and a liability - Bond Payable to the extent of the amount paid on issue.

5 0
3 years ago
What does the graph of 4 < n + 6 < 9 look like?
Alla [95]
I miss open study. Brainly sucks
8 0
3 years ago
Read 2 more answers
David has purchased an investment that he expects to produce an annual cash flow of​ $3,000 for five years. He requires an​ 8% r
Inessa05 [86]

Answer:

Explanation:

In order to find the highest amount david can pay or in other words the present value of the investment we would have to discount the cash flows

3000/1.08+3000/1.08^2+3000/1.08^3+3000/1.08^4+3000/1.08^5=11,978

8 0
4 years ago
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