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photoshop1234 [79]
3 years ago
15

In the classic downward-sloping demand curve, as price increases, the demand for the product or service

Business
1 answer:
vesna_86 [32]3 years ago
5 0
The demand for a product or service would likely decrease as price increases as far as the classic downward-sloping demand curve is concerned. In addition, this specific type of demand curve characterises increase of consumer demand as the price significantly falls. 
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During 2021, Terps Company issued 800,000 coupons which entitles the customer to a $5.00 cash refund when the coupon is submitte
11Alexandr11 [23.1K]

Answer:

$1,050,000

Explanation:

Calculation to determine what the company should report as a liability for unredeemed coupons

Liability for unredeemed coupons =($800,000 x 0.70 ) - $350,000 ) x $5.00

Liability for unredeemed coupons=($560,000-$350,000)×$5.00

Liability for unredeemed coupons=$210,000x $5.00

Liability for unredeemed coupons=$1,050,000

Therefore At December 31, 2021, the company should report a liability for unredeemed coupons of:$1,050,000

5 0
3 years ago
Department C had direct materials EUP cost of $4.00 and conversion EUP cost of $2.50. If the department had 38,000 units complet
S_A_V [24]

Answer:

Their cost of units completed for direct materials is $1,52,000.

Explanation:

Cost of units completed for direct materials

= Units completed and transferred *Direct material EUP cost

= 38,000 *$4.00

= $1,52,000

Therefore, Their cost of units completed for direct materials is $1,52,000.

5 0
3 years ago
Read 2 more answers
A _____ is a person who will attest to your ability to perform a particular job.
Gnoma [55]
<span>A reference is a person who will attest to your ability to perform a particular job. A person has to face several examinations before he receives a job through an employer. Employers need to check the individual's background of previous performance, experience, and skills. A reference could provide the information needed for that examination.</span>
7 0
3 years ago
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Leonore's Luxury Leather Footwear Corp. conducted a SWOT analysis and determined that at least 57% of consumers would demand hig
FinnZ [79.3K]

Answer: Forecast.

Explanation:

The predicted increase in sales of of the Leonore's Luxury Leather footware is an example of a forecast of future events. A forecast is an estimation of an event or trend that would possibly occur in the future.

3 0
3 years ago
At the beginning of November, Watson Industries has a cash balance of $3,461,000. They have expected cash receipts of $712,000 a
Ahat [919]

Answer:

$224,000

Explanation:

The computation of the borrowed cash amount is shown below:

= Cash balance + expected cash receipts - expected cash disbursements - minimum monthly balance

= $3,461,000 + $712,000 - $1,397,000 - $3,000,000

= $224,000

Simply we add the expected cash receipts and less the expected cash disbursements and minimum monthly balance to the cash balance so that accurate value can come.

4 0
3 years ago
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