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3 years ago

9

If consumers are willing to pay a higher price than previously for each level of output, we can say that _______ has occurred. A

. an increase in supply B. a decrease in demand C. a decrease in supply D. an increase in demand

1 answer:

Nady [450]3 years ago

6 0

Hey there!!

The correct answer is Option A. an Increase in supply

Hope this helped and I wish you the best in luck! (:

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a. Inventory, Beginning 300 $ 12 For the year: b. Purchase, April 11 900 10 c. Purchase, June 1 800 13 d. Sale, May 1 (sold for

dem82 [27]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Inventory, Beginning: 300 units at $ 12

For the year:

Purchase, April 11: 900 units at $10

Purchase, June 1: 800 units at $13

Sale, May 1 (sold for $40 per unit) 300

Sale, July 3 (sold for $40 per unit) 600

Units sold= 900 units

Inventory= 2000 - 900= 1,100 units

We will assume periodic inventory:

FIFO (first-in, first-out)

COGS= 300*12 + 600*10= $9,600

Inventory= 300*10 + 800*13= $13,400

LIFO (last-in, first-out)

COGS= 800*13 + 100*10= $11,400

Inventory= 800*10 + 300*12= $11,600

8 0

3 years ago

n May 1, 2009 Giltus Advertising Company received $1,500 from Julie Bee for advertising services to be completed April 30, 2010.

Alenkinab [10]

Answer:

c. A credit to Earned Fees for $1,000.

Explanation:

As for the information provided, we know

Unearned income is an income account, and therefore, will be credited at the time of recording.

Further, it is told that as on 31 December, 2009 out of the total unearned income of $1,500, $1,000 is earned.

Since it is earned it has to be accounted in current year, for this earned income will be credited and unearned income will be reversed for the amount of earned income that is for $1,000.

8 0

3 years ago

which would be considered assets? check all that apply.own a guitarchecking accountstudent loanstocks and bondsmonthly rentown a

Harrizon [31]

The correct options are

own a guitar
checking account
stocks and bonds
own a motorcycle

A resource having economic worth that a person, business, or nation possesses or controls with the hope that it would someday be useful is referred to as an asset. The balance sheet of a business lists assets. They are divided into four categories: tangible, financial, fixed, and current. They are acquired or produced in order to raise a company's worth or improve the operations of the company. Whether it's industrial equipment or a patent, an asset may be viewed of as anything that, in the future, can create cash flow, lower expenditures, or increase sales. A resource having economic worth that a person, business, or nation possesses or controls with the hope that it would someday be useful is referred to as an asset.

To know more about assets refer to brainly.com/question/19733618

#SPJ4

5 0

1 year ago

Contact [7]

Answer:

a)

Explanation:

money is a valuable because it is backed by gold

8 0

3 years ago

Suppose a large country experiences economic growth which results in a reduced willingness to trade. The country’s terms of trad

eimsori [14]

Answer:

The correct answer is letter "B": improve; rise.

Explanation:

Terms of Trade measures the efficiency of a country's trade. It is a ratio which compares the exports of a country with its imports. It is <em>calculated by dividing the export value by the import value, and by multiplying the result by one hundred (100)</em>. A terms of trade figure higher than 100, means a country exporting goods at a higher value than its imports.

<em>Given the case that there is no willingness to trade in an economy after a growth, the most possible scenario to take place is that the trade terms will </em>improve <em>as a result of the decrease in the demand of imports and assuming the level of exports keeps at the constant level that allowed the economic growth or if it even </em>rises<em>.</em>

4 0

3 years ago