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balu736 [363]
3 years ago
7

What can be concluded if the number of movie tickets sold increases by 10 percent when the price is cut by 20 percent, other thi

ngs being equal?
Business
1 answer:
deff fn [24]3 years ago
6 0
Supply and demand! If you aren't selling many tickets at first, it because you're price is too high, so by decreasing the price by 20%, the demand for that item increases. It's all about finding the market value and the perfect cross between supply and demand
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Suppose the economy is operating at a point where output is less than the natural level of output. Which of the following statem
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Answer: a) the price level is less than the expected price level.

Explanation:

When the actual output in an economy is lower then the natural output it is called a Contractionary Gap and the price level will be lower.

This is because the Short Run Aggregate Supply Curve and the Demand curve will intersect at a lesser quantity which will equate to a lower price as well because the economy is producing less and the people are demanding less as well so the point at which they meet will be a lesser price.

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Answer:

Bondware Inc.

FIFO Inventory Method:

Ending Inventory (60 units):

Absorption Costing = $66,000

Variable Costing = $56,400

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Direct materials     $500

Variable overhead   440

Total variable cost $940

Fixed overhead        160

Total manufacturing

  costs per unit   $1,100

Calculation of Ending Units of Inventory:

Beginning units     100

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Ending units =        60

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Variable costing value = $76,000

FIFO Inventory Method:

Ending Inventory:

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5 0
3 years ago
Assume that the Quinn Corporation uses the indirect method to depict cash flows. Indicate where, if at all, stock issued for equ
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Answer:

No, it will not be classified on cash flow statement.

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Final Answer

No it will not be classified on cash flow statement.

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The contract must be very detailed and should include all the contingencies spelled out in it.

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