Answer:The Supremacy Clause of the Constitution of the United States (Article VI, Clause 2), establishes that the Constitution, federal laws made pursuant to it, and treaties made under its authority, constitute the "supreme Law of the Land", and thus take priority over any conflicting state laws.
Explanation:
Answer:
The correct answer is option c.
Explanation:
An increase in the price of oil will cause the quantity demanded of a commodity to decline and the quantity supplied to increase. This will cause a surplus in the market.
There will be no change in the demand and supply curve.
This is because of the law of demand and supply.
According to the law of demand, the price of a commodity is inversely related to the quantity demanded of the commodity, while other factors are kept constant.
Similarly, the law of supply states that the price of a commodity is positively related to the quantity demanded of a commodity.
The demand and supply curves are not affected by the changes in price, they change as a result of changes in other factors.
Answer:
It will take approximately 55 years
Explanation:
<em>The future value of a lump sum is the amount expected at a future date when a sum of money is invested today at a particular rate of interest for certain number of years</em>
FV = PV × (1+r)^(n)
FV= 50,000, PV = 4,000, n-?, r- 5%
50,000 = 4,000 × (1.05)^n
divide both sides by 4000
12.5 = 1.05^n
n= log 12.5/log 1.05
n = 51.8
The number of years = 51.8 + 3 years
=54.767
Approximately 55 years
It will take 55 years
Answer:
- The entries in VLC's accounting information system to record all the preceding events will include all of the following except:
C. A credit togross profit
Explanation:
An entry to Gross Profit does not exist because the gross profit it's the result of the total sales minus the Cost of Goods, so the Gross Profit it's a result and not a journal entry.
The other entries are used as follows:
A. A debit to cost of goods sold
D. A credit to inventory
B. A debit to delivery expense
A credit to Cash
<span>This is an example of a sales promotion. Sales promotion is one of the five parts of the promotional mix. Some sales promotions might include: contests, coupons, freebies, point-of-purchase displays, premiums, prizes, product samples, and rebates. Sales promotion can be directed towards sales staff, retailers, or the customer.</span>
