Answer: Not change the quantity demanded.
Explanation: In a market demand is said to be perfectly inelastic, if the demand for commodities is not affected by price changes.
Therefore since the demand for natural gas in perfectly inelastic, the demand will not change regardless of the change in price of the gas.
Answer:
Global brand
Explanation:
A global brand is a particular product or service that is recognized all over the world, hence global. Brand in itself is defined as a name, sign, symbol, logo, mark and so on that a company gives a product on order to differentiate it from other product in the market. It is used in creating a image for the product used in identifying the product and differentiating it from competitors product. In this case, SparkleX has become a global brand name making it recognizable and easily identifiable from other products in the market. It has huge advantages as the products now becomes and international brand name.
Answer:
1-May
Dr Petty cash 350
Cr Cash 350
15-May
Dr Janitorial services 109.20
Dr Miscellaneous 89.15
Dr Postage expense 60.90
Dr Advertisement expense 80.01
Cr Cash over and short 16.1
Cr Cash 323.16
16-May
Dr Petty cash 200
Cr Cash 200
31-May
Dr Postage expense 47.05
Dr Mileage expense 38.5
Dr Delivery expense 48.58
Cr Cash 134.13
31-May
Dr Cash 50
Cr Petty cash 50
Explanation:
Kiona Co Journal entries
1-May
Dr Petty cash 350
Cr Cash 350
15-May
Dr Janitorial services 109.20
Dr Miscellaneous 89.15
Dr Postage expense 60.90
Dr Advertisment expense 80.01
Cr Cash over and short 16.1
Cr Cash 323.16
(350-26.84)
16-May
Dr Petty cash 200
Cr Cash 200
31-May
Dr Postage expense 47.05
Dr Mileage expense 38.5
Dr Delivery expense 48.58
Cr Cash 134.13
31-May
Dr Cash 50
Cr Petty cash 50
Answer:
1. Commercial banks - take deposits and make loans
Commercial banks create loans from the money deposited with them. They then earn interest on these loans and give the depositors some of the interest revenue depending on the type of account opened.
2. Mutual funds - purchase a portfolio of assets for a group of investors
Mutual funds pool money from multiple investors and then purchase a portfolio of assets. Profits made are divided amongst its investors.
3. Pension funds - manage a pool of money that is designated to be paid out to beneficiaries when they are in retirement.
Pension funds are meant to provide money to beneficiaries in retirement so they manage a pool of money that beneficiaries had invested into before they retired.
4. Investment banks - help businesses, governments, and institutions to raise funds to finance their activities by issuing securities.
Investment firms are mostly underwriters who help businesses, governments and other institutions raise funds to finance their activities.