Answer:
spending more to improve quality of product according to customers expectations
Answer:
$24,000 = Account receivable
$24,000 = Account payable
Explanation:
Since it is given that
The service is performed of $24,000 but not paid by the customer so the same is to be recorded in the account receivable of the asset account
And, the Dixon trucking had the need to pay to their suppliers for $24,000 that is to be recorded in the account payable of the liabilities account
Both the amount is recorded as an account receivable and the account payable respectively
Good Samaritan statutes
Answer: Option E.
<u>Explanation:</u>
A good Samaritan is an individual who offered help on an intentional premise during a crisis. In spite of the way that an individual should offer first help except if it is an aspect of their responsibilities portrayal. Gabe was qualified in light of the fact that he has had CPR and medical aid classes previously and effectively revived the person in question. He can protect himself with the Good Samaritan resolution.
It offers lawful insurance to somebody who rendered help and made a blunder like Gabe when he unintentionally broke two of the exploited people ribs.
Answer:
The correct answer is option d.
Explanation:
The supply of aged cheddar cheese is inelastic, and the supply of bread is elastic. Both goods are normal goods.
The imposition of income tax decreases the demand for both the goods by 10%. This decrease in the demand for goods will cause the price to decrease.
The elasticity of supply, in this case, will not affect the change in price. The elasticity of supply will only affect the equilibrium quantity.
Since the elasticity of supply is higher for bread, the quantity supplied will decrease to a greater extent as compared to cheese as it has inelastic supply.