Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Haskins and Jones, Attorneys at Law, maintain its books on a cash basis. During 2016, the company collected $545,000 in fees from its clients and paid out $412,000 in expenses. You are able to determine the following information about accounts receivable, prepaid expenses,deffered fee revenue and accrued liabilities.
Jan 1 2016. Dec 31 2016
Accounts
receivable. 62,000. 55,000
prepaid
insurance. 4,500. 6,000
rent. 9,200. 8,200
deferred fee
revenue 9,200. 11,000
Accrued
liabilities
(for various
expenses) 12,200. 15,600
In addition, 2016 depreciation expensr o furniture and fixtures is 22,000.
Required Determine accrual basis nst income for 2016.
As of 2006, the United States is running a large trade deficit--that is, imports exceed exports by a wide margin and the United States is consuming more than it is producing. The U.S.'s ability to consume more than it produces rests on foreigners' wi..
Michael spends $10 a month on both Pez dispensers and Superman action. His marginal-utility-to-price ratio for the Pez dispensers is 40.
Thinking back on what you have learned in this course, identify the single most important economic principle learned and explain why it was more significant than any other principle or concept.
What are equilibrium price and quantity? Suppose actual prie is $92, What is quantity and supply demanded at this price? At price of $92, wil there be a shortage or surplus? What is the amount of this shortage or surplus?
How does economic cost work? I know that economic cost: cost of resources used to produce a good, this includes opportunity cost. I don't understand how opportunity cost is included in that though, can someone give me an example?
Select a news article dated within the previous two months and analyze the issue using the economic concepts and theory learned in this class. Include at least one graph developed in our course. taxes and consumer or producer surplus
Holdt Inc. produces and sells a single product. The selling price of the product is $110.00 per unit and its variable cost is $70 per unit. The fixed expense is $160,000 per month. The break-even sales (units) are:
What is exclusive dealing? How might it reduce competition, and when might it be acceptable? What is predatory pricing? How might it reduce competitive, and why might it be difficult to tell when it should be illegal? If public utilities are a natura..
Explain the differences in how an open and closed economy is modeled including any policy (monetary and fiscal) implications for these two types of economies. Ins include a fully labeled model showing the impact of increased political instability for..
q.the manager of the aerospace division of general aeronautics has estimated the price it can charge for providing
Assume that the state government is interested in subsidizing the local production of steel. The current price of steel is $1600 per ton and the government wants to provide a subsidy of $100 per ton. In your diagram above, indicate the long-run post-..
Starting from long-run equilibrium, graphically illustrate and explain what happens to the equilibrium price level, equilibrium level of real GDP and the unemployment rate in response to an increase in technology. Is it reasonable to conclude that th..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd