3 years ago

Ruth runs a bread store. Her store's supply is highly elastic. What will Ruth do when the price of bread falls?

Business

1 answer:

I am Lyosha [343]3 years ago

5 0

Answer:

Explanation:

If there is more bread for a low price more people will come.

I did this before.

P.S.S Please press the crown if you will.

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Peters, Chong, and Aaron are dissolving their partnership. Their partnership agreement allocates each partner an equal share of

il63 [147K]

Answer and Explanation:

The journal entry is shown below:

Peter ($174,000 - ($66,000 ÷ 2)) $141,000

Chong ($162,000 - ($66,000 ÷ 2)) $129,000

To Cash $270,000

(Being the distribution should be recorded)

For this the capital accounts are debited as it reduced the stockholder equity and credited the cash as it also decreased the assets

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3 years ago

Suppose that you are opening a new music store in your town. How would the government affect your business?

raketka [301]

The government sets a minimum wage for employees, and will collect various taxes from the business (sales tax, unemployment insurance tax, etc).

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3 years ago

Hank has a 32% marginal tax rate and has already recognized a STCL of $8,000 and a L TCG of $5,000, both due to the sale of stoc

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Answer:

The increase in his tax liability is $1,120

Explanation:

STCL due to sale of stock = $8,000

LTCG due to sale of stock = $5,000

∴Net STCL = $8,000 - $5,000

Net STCL = $3,000

LTCG on sale of antique clock = $7,000

∴Net LTCG on sale of antique = $7,000 - $3,000 = $4,000

LTCG on sale of antiques is taxed at the rate of 28%

∴ Tax liability = $4,000 * 28%

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3 years ago

This shows how much profit is being made by each dollar of sales for the period being analyzed

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Net income ratio .........................

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"In order to recommend a variable annuity to a customer, the representative should have a reasonable basis to believe that the c

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Answer:

D. I, II, III

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So here they all three give conditions should be considered as they are relevant

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4 years ago