Business, 22.04.2020 01:59, thajaalalqo
The local government removes a tax on the production of beer in Riverside in an effort to stimulate the economy. At the same time, UC Riverside students (beer consumers) return from Spring Break ready to party in the new quarter. Given these two effects, what can we say about the equilibrium price and quantity of beer in Riverside?
a. Equilibrium price will decrease, equilibrium quantity will increase.
b. Equilibrium quantity will decrease; the effect on price is ambiguous.
c. Equilibrium price will increase; the effect on quantity is ambiguous.
d. Eaulibaum ammtitv will increase: the effect on orice is ambiguous.
Answers: 2
Business, 22.06.2019 08:00, truthqmatic16
Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit
Answers: 2
Business, 22.06.2019 12:30, ash011519
On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.
Answers: 3
Business, 22.06.2019 19:10, kingjustin0825
Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.
Answers: 3
The local government removes a tax on the production of beer in Riverside in an effort to stimulate...
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