Answer:
$6 per bushel
3 thousand bushels
Explanation:
The equilibrium price is the price for which the quantities demanded and supplied are the same, regardless of the price floor.
The equilibrium quantity is given by:
The equilibrium price is:
At market equilibrium, the price is $6 per bushel, and the equilibrium quantity is 3 thousand bushels.
Answer:
the correct answer is YES ignore her above answer
Explanation:
Answer:
Explanation:
The computation of the bad debt expense is shown below:
= (Credit sales × estimated percentage given ) - (credit balance of Allowance for Uncollectible Accounts)
= ($985,750 × 2%) - ($18,000)
= $19,715 - $18,000
= $1,715
= (Credit sales × estimated percentage given ) + (debit balance of Allowance for Uncollectible Accounts)
= ($985,750 × 2%) - ($18,000)
= $19,715 + $18,000
= $37,715
Since in the question it does not specify that Uncollectible Accounts has debit or credit balance so we computed in the both methods
Answer:
<em>Control environment; risk assessment process; control activities; the information system, including related business processes; and monitoring of controls.</em>
Explanation:
<em>From the following, the </em><em>OPTION which best illustrates the interrelated components </em><em>of internal control is </em><em>OPTION (C).</em>
Because as we know that interrelated components of internal control consists of co-ordination, as well as handling and controlling the system, taking illustration of the work and making of positive decisions.
So this is the reason OPTION (C) will be the answer, as it also consist all of the components which are present in interrelated components of internal control.
Answer:
a. rejected the offer and made a counteroffer.
Explanation:
Counteroffers are mostly prevalent in business negotiations. A counteroffer is an indication that the initial price or condition presented by the offeror was rejected and a new offer is made by the other party. The contract becomes valid when the counteroffer is accepted by the second party.
In the negotiations between Verizon and Office Depot, an initial offer of a laser printer with a case of paper and an extra cartridge, all for $200 was made by Verizon to Office Depot. Office Depot made a counteroffer, which indicates that the initial offer was rejected. In their counteroffer, they only agreed on a laser printer, without paper and an extra cartridge.