There are three (3) buyers, three (3) firms, and two (2) suppliers. Any buyer’s willingness to pay for any of the three firms’ product is $20. Supplier opportunity cost are $5. Each firm can only produce one unit of a product, buyers are only interested in buying one unit at most, and suppliers can supply one unit at most. (Remember, a good way to start is to think about the number of transactions happening).1.1. What is the total value created in this industry?1.2. What is the Added Value of a supplier?1.3. What is the Added Value of a firm?1.4. What is the Added Value of a buyer?1.5. According to the value based strategy framework, what price would you expect to be charged by...: ... a supplier: price= ... a firm: price Please refer back to the information in

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer

Kimberly has been jonah in preparing his personal income tax forms for a couple of years. jonah's boss recommended kimberly because she had done a good job setting up the company's new accounting system. jonah is very satisfied with kimberly's work and feels that the fees she charges are quite reasonable. kimberly would be classified as a(n) (a) independent auditor (b) private accountant (c) public accountant (d) accounting broker