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1 year ago

assuming everything else stays the same, an increase in the price of laptop computers will of laptop computers.

1 answer:

8 0

An increase in the price of laptop computers will decrease the quantity demanded of laptop computers.(option b)

<h3>What is the impact of an increase in price?</h3>

The law of demand postulates that there is an inverse relationship between price and the quantity demanded of a good. This means that if price of the good increases, the quantity demanded of the good declines. If price declines, the quantity demanded increases.

Thus, if the price of laptop increases, the quantity demanded of the good would decline. Only changes in the price of a good affects the quantity demanded of that good.

Here are the options:

Assuming everything else stays the same, an increase in the price of laptop computers will _____ of laptop computers.

a. decrease the quantity demanded

b. increase the demand

c. increase the quantity demanded

d. decrease the demand

To learn more about the law of demand, please check: brainly.com/question/26546773

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When seeking a recommendation before awarding a contract, what type of information is least likely to be needed from an applican

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Answer:

Answer is option D, i.e. Information on credit worthiness.

Explanation:

When any organization enters into a contract with an applicant, it often asks for recommendations before awarding that contract to the applicant. This recommendations is asked to assess about the skills, the abilities that the applicant possess, the integrity and the character of the applicant. This is to assess that whether the applicant is fit and worthy enough to be awarded the contract. Thus, credit worthiness is not accounted for while going through the recommendations. Therefore, the answer is option D.

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3 years ago

A company issues $100,000 face value, zero-coupon, 4-year U.S. corporate bonds on January 1, 20XO, when the market rate for simi

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Answer:

Amount = Maturity/(1+risk rate)⁴

Amount = $100,000/(1+0.12)⁴

Amount = $63,552 (Approx)

Interest payable = $63,552 x 0.12

Interest payable = $7,626 (Approx)

Interest payable (2nd period) = ($63,552+$7,626) x 0.12

Interest payable (2nd period) = $8,541 (Approx)

Explanation:

JOURNAL ENTRY

BOOKS OF (.....)

Date Account title Debit Credit

Cash a/c Dr $63,552

To Bonds payable a/c $63,552

1st-period

Bond Interest a/c Dr $7,626

To Bonds payable a/c $7,626

2nd-period

Bond Interest a/c Dr $8,541

To Bonds payable a/c $8,541

6 0

3 years ago

A volunteer must review photo identification for every taxpayer to deter the possibility of identity theft.

Serjik [45]

Answer:

Answer of the following statement is TRUE .

Explanation:

Identity theft remains an issue worldwide.

The interview should begin with demanding picture id to check the tax payer's and partner's identity on both the tax form.

Exceptions must only be provided under extreme situations for requesting photo Identification and for clients reported to the site upon approval by the site administrator.

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3 years ago

The Two Sisters has a return on assets of 9 percent and a dividend payout ratio of 75 percent. What is the internal growth rate

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The internal growth rate of a firm is best described as the: A. minimum growth rate achievable assuming a 100 percent retention ratio. B. minimum. The tax rate and the dividend payout ratio will be held constant. Current and. The Two Sisters has a 9 percent return on assets and a 75 percent retention ratio.

hope this helps.

7 0

3 years ago

Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a

LUCKY_DIMON [66]

Answer:

A. 37,500 balls

B.2.67

Explanation:

A. Compution for the CM ratio and the break-even point in balls.

First step is to calculate the Contribution margin

Selling price $25 100%

Variable expenses $15 60%

Contribution margin $10 40%

($25-$15)

Now let calculate the CM ratio and the break-even point in balls using this formula

Unit sales to break even=Fixed expenses/Unit contribution margin

Let plug in the formula

Unit sales to break even=$375,000/$10

Unit sales to break even= 37,500 balls

Therefore the CM ratio and the break-even point in balls will be 37,500 balls

b. Computation for the degree of operating leverage at last year

Using this formula

Degree of operating leverage =Contribution margin/Net operating income

Let plug in the formula

Degree of operating leverage=$600,000/$225,000=

Degree of operating leverage = 2.67 (rounded)

Therefore the degree of operating leverage at last year will be 2.67

5 0

3 years ago