Answer:
b. how much wealth people want to hold in liquid form.
Explanation:
Money demand refers to the amount of liquid assets or wealth, which can be quickly converted to cash, an individual desires hold at a particular point in time, which enables the individual to easily carry out transactions such as exchange of goods and services. It is simply referred to as the desire of people to hold cash. It does include illiquid physical assets that cannot be quickly converted to cash. It includes cash or bank deposits.
Answer:
Raise competitor costs.
Explanation:
Raising competitor costs is basically a strategy to gain market share.
Answer:
b. an assignee.
Explanation:
Based on the information provided within the question it can be said that in this scenario Creditline is an assignee. This term refers to the individual or company that is accepting the obligations or responsibilities of the individual or company that presently has those obligations in the contract (the assignor) which in this scenario is Software Solutions since they are the ones transfering the right to payment.
Answer:
Value of ending inventory at 11/30/2019 using LIFO is $1,950
Explanation:
The calculators sold on 11/8 were taken from purchases of 11/21,200 units and purchases of 11/13,150 units,thereby leaving 150 units of calculators purchased on 11/13 in inventory.
However,the sale of 100 calculators on 11/28 were picked from the balance of 150 units left from stock of 11/13 thereby leaving 50 units purchased at $4 each and the opening inventory in closing inventory.
The computation of closing inventory value:
11/13/2019 50 calculators at $4 = $200
11/1/2019 500 calculators at $3.5=$1,750
Value of closing inventory $1,950
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