Answer:
.4792 or 47.92%
Explanation:
The computation of the weight of C is shown below:
But before that first determine the following things
For A is
= 100 × $22
= $2200
For B
= 600 × $17
= $10200
For C
= 400 × $46
= $18400
For D
= 200 × $38
= $7600
So,
Total = 38400
And, finally
weight of C is
= $18,400 ÷ $38,400
= .4792 or 47.92%
It estimates that after five years it can sell the equipment for $2,000. During year 2017, the band performs 55 concerts.
Explanation:
The adjusting entry is as follows
On January 31
Unearned revenue A/c Dr $3,500
To Magazine subscription revenue A/c $3,500
(Being the unearned revenue is recorded)
The computation is shown below:
= Sale value of annual subscriptions ÷ total number of months in a year
= $42,000 ÷ 12 months
= $3,500
Answer:
The answer is: C) The minimum price sellers are willing to accept to sell an extra unit of a good.
Explanation:
A normal supply curve should move upward from left to right. The expresses the Law of Supply: (given that all other factors remain without change) As the price of a product increases, the quantity supplied should also increase.
For example:
An ounce of gold costs right now $1,500 and 100 ounces of gold are being traded right now at that price. If a new buyer comes in and wants to buy the 101th ounce of gold, then following a normal supply curve, the new buyer would need to pay more for that extra ounce of gold, maybe $1,510.
What the supply curve shows us is that given a certain price Y, a company will be willing to sell X amount of goods. The more demand a product has (X + 1) > X, then the price Y will increase until a new balance is found.