Answer:
negative
Explanation:
Complementary goods have a negative cross-price elasticity because the increase in price of one tends to a weak or fall in consumer demand of the second. For instance, a hike in petrol will lead to a decrease in consumer demand for cars thereby giving rise to alternatives to these goods (most likely, there would be a surge in subway or rail patronage)
Answer:
copies of her mortgage, investment reports, and bank statements
Explanation:
The only option that properly demonstrates her capital would be copies of her mortgage, investment reports, and bank statements. Her mortgage shows the bank that she is able to pay her debt on time every month. Her bank statements show how much money she is spending on a monthly basis. Lastly, her investment reports show all of her assets and how much they are earning per month, all of this combined makes up her capital which is basically the amount of money she has, both liquid and in assets.
Answer:
She invested $2,167
Explanation:
As interest rate is not compounded, the 9-month interest of a 8% annual interest is simply:
8% * 9 / 12 = 6%
Let A be the amount of money she invest. After 9 month she will receive:
A * 0.06 dollars.
And the actual amount is $130. So she invested
A = $130 / 0.06 = $2,167
Answer:
Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax's sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $330,000. During 2021, Halifax sold merchandise on account for $11,800,000. Halifax's merchandise costs is 70% of merchandise selling price. Also during the year, customers returned $345,000 in sales for credit, with $191,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 3% of sales, are recorded as an adjusting entry at the end of the year.
Explanation:
Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax's sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $330,000. During 2021, Halifax sold merchandise on account for $11,800,000. Halifax's merchandise costs is 70% of merchandise selling price. Also during the year, customers returned $345,000 in sales for credit, with $191,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 3% of sales, are recorded as an adjusting entry at the end of the year.
Answer:
money market account?
Explanation:
I'm not positive but you could try if nobody else has an answer haha
