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2 years ago

When price increases, the _____________ by consumers decreases if all other influences remain the same.

Business

1 answer:

Irina18 [472]2 years ago

8 0

When price increases, the quantity demanded by consumers decreases if all other influences remain the same.

A price is the quantity of charge or repayment given by using one birthday celebration to every other in go back for goods or offerings. In a few situations, the rate of production has a different call. If the product is "excellent" in the industrial exchange, the payment for this product will likely be known as its "price"

Charge approaches the value or the quantity at which something is valued. An instance of a fee is $1 for three cookies.

The price is the amount that consumers might be willing to pay for a product. Entrepreneurs need to hyperlink the charge to the product's actual and perceived cost, even as additionally considering supply fees, seasonal reductions, competitors' fees, and retail markup.

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Inadequate disclosure occurs when: a. A company attempts to overstate assets to make their financial position look better. b. Ma

Fudgin [204]

Answer: Option B

Explanation: In simple words, inadequate disclosures refers to the situation when a company fails to make accurate or enough discloses in a statement as required by various laws and regulations.

The disclosure can be done through any medium such as media or in the yearly statement but if it does not contain proper information that it will be considered as an offence and suitable actions could be taken.

7 0

3 years ago

Finishing Touches has two classes of stock authorized: 7%, $10 par preferred, and $1 par value common. The following transaction

valentinak56 [21]

Answer:

Total Stockholders' Equity = $2,334,370

Explanation:

Note: See the attached excel file for the stockholders' equity section of the balance sheet for Finishing Touches as of December 31, 2018 with all the formulae used.

In the attached excel file, the retained earnings is calculated as follows:

Retained earnings = Net income – Common dividends - Preferred dividends = $149,000 - $94,000 - $1,330) = $53,670

From the attached excel file, we have:

Total Stockholders' Equity = $2,334,370

Download xlsx

6 0

3 years ago

Zena Technology sells arc computer printers for $54 per unit. Unit product costs are:

Marina CMI [18]

Answer:

Minimum selling price is $ 37

Explanation:

Computation of minimum selling price

Direct materials per unit $ 15

Direct labour per unit - existing $ 19

Additional for modification $ 3

Direct Labor per unit $ 22

Variable cost per unit $ 37

Since the Company has sufficient idle capacity to produce the additional order, no incremental fixed manufacturing capacity is considered.

The minimum selling price should be one which covers the variable costs ( modified for labor increase)

5 0

3 years ago

Gabriel Company views share buybacks as treasury stock. In its first treasury stock transaction, Gabriel purchased treasury stoc

denis23 [38]

Answer:

b. decrease no effect

Explanation:

When the treasury stock is repurchased and at a premium. That is the price more than the par value, the excess is debited to the additional paid in capital account as this is the account used to fund the additional amount required to pay the differential.

Retained earnings on the other hand are unaffected by this transaction as long as the company has enough funds in the paid in capital account to complete the transaction.

Total paid in capital will decrease

Retained earnings will have no effect

Hope that helps.

5 0

3 years ago

The two most common receivables are receivables and receivables.

Kobotan [32]

Accounts receivable and notes receivable

8 0

2 years ago