You are preparing a statement of owner's equity for Johnson Motor Company. You have the following information: Beginning capital is $36,000, Net Income for the year is $14,000 and Drawing for the year is $6,600. Calculate the ending capital amount.

The sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the price level. suppose firms announce the prices for their products in advance, based on an expected price level of 100 for the coming year. many of the firms sell their goods through catalogs and face high costs of reprinting if they change prices. the actual price level turns out to be 110. faced with high menu costs, the firms that rely on catalog sales choose not to adjust their prices. sales from catalogs will

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?

Your uncle borrows $53,000 from the bank at 11 percent interest over the nine-year life of the loan. use appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest