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Journalize the following adjustments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (1) Services performed but unbilled and uncollected at July 31 were $1,828. (2) Depreciation on equipment for the month was $188. (3) One-twelfth of the insurance expired. (4) An inventory count shows $320 of cleaning supplies on hand at July 31. (5) Accrued but unpaid employee salaries were $438. The total insurance was 2160.
Based on topic of Global Markets, please post your comments on any one of the two questions. More and more companies are looking beyond the domestic market. Identify and briefly describe some of the forces that have resulted in increased global integ..
Estimate the owner's decision to start Sound Devices. Are any of the above costs likely to be one-time costs? If so, how would this affect your answers. Explain.
Clear Channel, an owner of radio stations with the Top 40 format, recently bought rock concert promoter Live Nation. How would this affect prices for concert tickets or rates for radio programming?
What is the equilibrium price? What is the equilibrium quantity? (d.) If the market price is $5 will there be a surplus or a shortage? Of how much?
Suppose that households in the U.S. increased their desired holdings of currency by $55 million as the Fed was adding reserves to the banking system. How would your answer to question (2) be affected, assuming that the Fed still wished to generate an..
The Honolulu tourism commission currently proposed a 7% tax on hotel rooms to pay for an outdoor amphitheater.
Imagine that you have a $1,000 CD earning 5% interest (i = .05) indefinitely. a. What is the future value of this CD in 10 years? b. The CD earns $50 interest each year on the $1,000 principal, yet in ten years it will have earned more than $500 inte..
A monopolist can produce at constant average and marginal costs of AC = MC = 5. The firm faces a market demand curve given by Q = 53 —P. The monopolist's marginal revenue curve is given by MR = 53 - 2Q. Calculate the profit-maximizing price-quantity ..
Do you think the NRA is justified in its actions toward the CDC? Do you think the CDC should pursue gun-related injury research? The NRA contends that the CDC had an anti-gun agenda and that it was playing politics with the research. Does this alter ..
Using demand and supply analysis, briefly discuss the effect of each of the following on the market for cigarettes:
Draw an in?uence diagram for the following problem: Hatton’s mail order company is planning to install a new computer system next year. Two possible systems are being considered: The Gamma II and the Elite.
Determine two (2) likely factors that might have caused the change. Predict the primary manner in which this change would likely impact business operations in the new market environment.
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