A toaster connect it to an app on your phone that tells you when your toast is donr, or when the toaster needs to be cleaned or repaired.
oh and also a camera so you can see your bread turn into toast cuz y not
Answer:
1. 2
2. Journal Entry
3. Journal Entry
Explanation:
1. There are 2 number performance obligations in this contract.
2. Cash Dr, $95,000
To unearned sales revenue $93,100
To unearned discounted sales revenue $1,900
(Being unearned revenue is recorded)
Working Note:-
Sales revenue = 5,000 × $19.6
= $98,000
Coupon applied = $20,000 × (25% - 5%) × 50%
= $2,000
Sales revenue including discount
= $98,000 + ($20,000 × 20% × 50%)
= $100,000
Discount on sales
= $95,000 × ($2,000 ÷ $100,000)
= $1,900
3. Cash Dr, $95,000
To Unearned sales revenue $95,000
(Being unearned revenue is recorded)
Answer:
B. a small percentage decrease in price produces a larger percentage increase in quantity demanded and total revenue increases.
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded / percentage change in price
Demand is elastic if a small percentage decrease in price produces a larger percentage increase in quantity demanded . Total revenue would increase because the percentage increase in Quanitity demanded exceeds the percentage decrease in price.
If demand is elastic, a small percentage increase in price produces a larger percentage decrease in quantity demanded and total revenue increases.
Here, total revenue falls because percentage decrease in price exceeds the percentage increase in price.
Demand is inelastic if a small percentage decrease in price produces a smaller percentage increasein quantity demanded.
Demand is perfectly inelastic if the quantity demanded remains the same regardless of level of price.
I hope my answer helps you
I think is 475848 because I just timed by 48 so I got 475848
Answer:
Quarterly deposit= $3,182.78
Explanation:
Giving the following information:
A sinking fund earns 7% compounded quarterly and produces $50,000 at the end of 3.5 years.
We need to find the quarterly deposit made at the end of each period.
<u>First, we need to calculate the quarterly interest rate:</u>
Interest rate= 0.07/4= 0.0175
To calculate the deposit, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= quarterly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
n= 3.5*4= 14
FV= 50,000
i= 0.0175
A= (50,000*0.0175)/ [(1.0175^14)-1]= $3,182.78
