Answer:
c as price increases, quantity demanded decreases.
Explanation:
The law of demand states that the higher the price of an item, the lower the quantity demanded of that good. While the lower the price, the higher the quantity demanded.
This shows an inverse relationship. As the price of a commodity increases from a former price to a new price, the consumers of that commodity would purchase less of it. But if the reverse is the case, that is price is lowered, consumers would purchase more quantity of the commodity.
Answer:
The Finance/Administration Section is the General Staff member that negotiates and monitors contracts, maintains documentation for reimbursement, and oversees timekeeping for incident personnel.
Answer:
The answer is $209,300
Explanation:
This is an indirect method of preparing cash flow. Why? - Because indirect method of preparing cash flow start with net income under cash flow for operating activities section.
Account payable decrease over the year($36,600 - $32,100)
=$4,500
Inventory balance increase over the year($46,300 - $43,100)
=$3,200
Therefore, Nevada Boot would report operating cash flows of:
Net income....................................$217,000
Less:
Increase in inventory......... ($3,200)
Decrease in accounts payable.................................. ($4,500)
Cash flow from operating activities...............................$209,300