Answer:
to enroll in a 401k and investing in the stock market.
Explanation:
According to my research on investment strategies, I can say that based on the information provided within the question their best options to accomplish their goal would be to enroll in a 401k and investing in the stock market. The 401K is a retirement fund that grows over years and the stock market also provides a decent ROI for your money, especially stocks like the S&P 500 which are the safest options and grow steadily over years.
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Answer:
Assets = Laboratory Equipment ( Fixed asset) + Laboratory supplies (Current Asset) + Cash ( Current asset)
= 155,000 + 21,600 + 99,000
= $275,600
Liabilities = Loan Payable ( Long term liability) + Accounts Payable ( current liability)
= 30,400 + 22,750
= $53,150
Assets = Liabilities + Owners Equity
Owners Equity = Assets - Liabilities
= 275,600 - 53,150
= $222,450
Answer: C) the demand for coffee beans has increased
Explanation:
The law of supply states that: "all things being equal" the higher the price the higher the quantity supplied and the lower the price, the lower the quantity supplied.
Coffee growers sold just 200 million pounds of coffee when the price was $2 per pound but they increased their supply of coffee to 240 million pounds when the price per pound is $3.
This is an evidence to show that suppliers supply more products when price increase in order for them to make more profits.
Answer:
The correct answer is letter "D": Depreciation should not be recorded in years in which the market value of the asset has increased.
Explanation:
Depreciation indicates how much the value of the asset has been used. It also aims to match the cost of the asset to the income that the asset helps the company to earn. Used as an income tax deduction, the depreciation calculation provides businesses with an annual allowance for the use and deterioration of tangible assets such as machinery, equipment, and buildings.
<em>Depreciation is recorded throughout all the useful life of an asset until its disposal.</em>
Answer:
A) inelastic demand
Explanation:
Demand is inelastic if a change in price has no effect on quantity demanded.
Changes in price has no effect on quantity of leather demanded. Therefore, the demand for leather is inelastic.
Direct purchasing is buying raw materials used in the production process.
Straight rebuy is purchasing similar goods from the same supplier under similar conditions.
Modified rebuy is purchasing similar goods either from a different supplier or in a different condition.
