Do the following events represent business transactions

Assignment Help Business Economics
Reference no: EM13505445

Do the following events represent business transactions? Explain your answer in each case.

(a) A computer is purchased on account.
(b) A customer returns merchandise and is given credit on account.
(c) A prospective employee is interviewed.
(d) The owner of the business withdraws cash from the business for personal use.
(e) Merchandise is ordered for delivery next month.

 

Reference no: EM13505445

Questions Cloud

Evaluate the amount of heat in kj needed to convert : Calculate the amount of heat, in kJ, needed to convert 15.0 g of ice at -21 C to liquid water at 75 C. Specific heat of ice = 2.10 J/(g C); heat of fusion of ice = 334 J/g; Specific heat of water = 4.18 J/(g C)
Particularly dangerous for mva : There is a 10-mile stretch of highway leading into your community that has been particularly dangerous for MVA.
How far does the skier travel on the horizontal surface : A skier starts from rest at the top of a frictionless incline of height 20.0 m, How far does the skier travel on the horizontal surface before coming to rest
Compute the distance the sled moves before coming to rest : On a frozen pond, a 9 kg sled is given a kick that imparts to it an initial speed of v0 = 2.5 m/s. find the distance the sled moves before coming to rest
Do the following events represent business transactions : Do the following events represent business transactions? Explain your answer in each case.
Discussing the major causes of world war : A 5 page paper discussing the major causes of World War 1, the economic ramifications of World War , and how Europe was different, politically and economically after World War 1.
Explain the partial pressure of nitrogen in air : What is the partial pressure of nitrogen in air at atmospheric pressure (1 atm)? Assume ideal behavior. Express your answer numerically in atmospheres.
Define ammonia gas is produced by reacting hydrogen gas : Ammonia gas is produced by reacting hydrogen gas with nitrogen gas. To produce 856 g of ammonia gas using air as your source of nitrogen gas
Who are willing to buy protection against default : Credit default swaps, a derivative instrument described in Chapter 30, allow investors to buy and sell protection against the default of a municipal issuer.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd