Drag the tiles to the correct boxes to complete the pairs. Match the benefits of selling to the scenario that best suits them. Benefits to customers Benefits to business firms Benefits to the economy George updates his company’s information through market research to help the company stay ahead of its competitors. He helps increase the number of customers that his company gets by creating new sales opportunities. arrowRight Tina’s company manufactures candles, and employs people to sell those candles. Those that want and need candles are benefitted by Tina’s sales staff. arrowRight Jessa works for a company that sells motorcycles. She makes sure that she knows all the information there is to know about the different products so that she can let the customers know about the different benefits of purchasing the product.

After all revenue and expense accounts have been closed at the end of the fiscal year, income summary has a debit of $2,450,000 and a credit of $3,000,000. at the same date, retained earnings has a credit balance of $8,222,600, and dividends has a balance of $125,000. required: a. journalize the entries required to complete the closing of the accounts on december 31. refer to the chart of accounts for exact wording of account titles. b. determine the amount of retained earnings at the end of the period.

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices

Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 × 6.716)