Business, 22.04.2020 04:46, Queenhagar
"Frances sells bottled water from a small stand by the beach. On the last day of summer vacation, many people are on the beach, and Frances realizes that she can make a lot more money this day if she hires someone to walk up and down the beach selling water. She finds a college student named Dmitri and makes him the following offer: They'll each sell water all day and split their earnings (revenue minus the cost of water) equally at the end of the day. Frances knows that if they both work hard, Dmitri will earn $80 on the beach and Frances will earn $160 at her stand, so they will each take home half of their total revenue: $80+$1602=$120 . If Dmitri shirks, he'll generate only $50 in earnings. Frances does not know that Dmitri estimates his personal cost (or disutility) of working hard as opposed to shirking at $20. Once out of Frances's sight, Dmitri faces a dilemma: work hard (put in full effort) or shirk (put in low effort)."
Answers: 3
Business, 21.06.2019 20:20, bisolad64
Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respectively. income reported on the income statement for the year was $180,000. exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
Answers: 2
Business, 22.06.2019 16:10, olly09
The following are line items from the horizontal analysis of an income statement:increase/ (decrease) increase/ (decrease) 2017 2016 amount percent fees earned $120,000 $100,000 $20,000 20% wages expense 50,000 40,000 10,000 25 supplies expense 2,000 1,700 300 15 which of the items is stated incorrectly? a. fees earned b. supplies expense c. none of these choices are correct. d. wages expense
Answers: 3
Business, 22.06.2019 17:00, vistagallosky
Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.
Answers: 2
"Frances sells bottled water from a small stand by the beach. On the last day of summer vacation, ma...