Answer:
Interest Expense
Explanation:
If any company takes a loan from any bank or borrow from other sources for a specific time, that company has to pay a combination of principal amount and an additional expenses during the maturity period. That extra cost is called interest expense. As Lee company borrows a loan on January 8 and will pay the loan on April 8 with an interest rate, the company has to pay an interest expense of $100,000 × 6% × (90 ÷ 360) = $1,500.
Answer:
hello your question is incomplete attached below is the complete question
answer :
For Negative cross-price Elasticity :
DVD players and DVD and Shampoo and conditioner
Positive cross-price Elasticity :
Beer and Wine and Soda pop and iced tea
Zero cross-price elasticity :
Coffees and shoes
Explanation:
<u>For Negative cross-price Elasticity : </u>
DVD players and DVD and Shampoo and conditioner ; this is because the percentage change in the price of any of the good will affect the demand for both goods negatively or positively
<u>For positive cross-price Elasticity :</u>
Beer and Wine and Soda pop and iced tea : The percentage change in the price of any of the good will affect the demand of the other good positively ( increase in demand of the other good )
<u>For Zero cross-price Elasticity </u>:
Coffees and shoes; The percentage change in the price of any of the good will not affect the other because both goods are not related
Answer: A change in demand describes a shift in consumer desire to purchase a particular good or service, irrespective of a variation in its price. The change could be triggered by a shift in income levels, consumer tastes, or a different price being charged for a related product.
Explanation: mark me brainly please
Answer:
Checking Account, Savings Account, Safety Deposit Box
Explanation:
Banks are financial institutions that provide a wide variety of financial services to their customers. They accept customer deposits and issue loans. Commercial banks act as intermediaries between the supply side and demand side of credit.
Commercial banks are also known as deposit-taking institutions. Deposits facilities offered by banks include
- Checking accounts,
- Savings accounts,
- Safety Deposit Box
- Money Markets accounts
- Certificated of Deposits accounts
Answer:
False
Explanation:
Variable costs are part of direct expenses incurred in the production of goods meant for sales. Variable costs have a direct and proportionate relationship with the output level. An increase in output level increases variable costs. Examples of variable costs are packaging and raw materials.
The contribution margin is the dollar amount available from the sale of each unit to cater for fixed costs and profits. It is calculated by subtracting variable costs from the selling price. The contribution margin is used in determining the break-even point and the output level required to achieve desired profits.
