Answer: cross price elasticity of demand
Explanation:
The cross price elasticity of demand measures the changes in quantity demanded of one good when the price of another good changes.
Substitute goods are goods that can be used instead of another good e.g. coke and pepsi. The cross price elasticity for substitutes is usually positive because an increase in price of one good increases the quantity demanded of the other good.
Complementary goods are goods that have to be consumed or used together. E.g. car and gas. The cross price elasticity for complementary goods are usually negative because an incease in price of one good leads to fall in the quantity demanded of the other good.
I hope my answer helps you
Answer:
Dr Cash900
Cr Land900
Dr.Equipment 900
Cr Cash 900
Explanation:
Simpson Company Journal entries required to correct the error that occured, in which expenditure was credited to Cash, but was debited to Land instead of Equipment.
Dr Cash900
Cr Land 900
To reverse erroneous entry
Dr.Equipment900
Cr Cash 900
To record correct entry
Answer: An operational executor
Explanation: The skills of an operational executor tend to lie within the range of human resource activities mostly characterized as transactional. They execute the operational aspects of managing people and organizations. That is, they are responsible for making sure human resource policies and transactions deliver results on a company wide basis by acquiring, developing, motivating, and deploying human resources where and when needed. Policies are required to be drafted, adapted, and implemented; while efficiently satisfying the administrative needs of employees through technology, shared services, or outsourcing etc. This leads to the constant application of organizational policies when done properly.
Answer:
a) $22,010
b) $3,780
c) $25,790
Explanation:
a) In calculating the value of inventory still left, the total value needs to be calculated first,
= (80 freezers * $540) + $820 ( transport fees)
= 43,200 + 820
= $44,020
40 out of 80 freezers have not been sold so,
= 40/80 * 44,020
= $22,010
b) In calculating the profit, subtract the expenses from the sales
Sales = 40 * 700
= $28,000
= 28,000 - Cost of refrigerators - commission of 6% of sales - advertising - installation
= 28,000 - 22,010 - (28,000*0.06) - 180 - 350
= $3,780
c) The amount remitted by the consignor will be,
= Sales - commission - advertising - installation
= 28,000 - (28,000 * 0.06) - 180 - 350
= $25,790
Answer:
Find attached word document with complete question.
The first revised statement showed net income $2324000 in the year and $742000 in the prior year.
The second revised statement showed net income $1,862,000 with a net income $742000 in the year 2020.
The third revised statement showed net income of $1,392,000 in the year 2021 with $742000 in the previous year.
Explanation:
Kindly attached spreadsheet showing the three revised income statements as required by the question.
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark">
docx
</span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark">
xlsx
</span>
