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3 years ago

The demand for a necessity whose cost is a small portion of one's total income is

1 answer:

3 0

It is the Relatively Price Inelastic. It is a measure utilized as a part of financial aspects to demonstrate the responsiveness, or flexibility, of the amount, requested of a decent or administration to an adjustment in its cost, ceteris paribus. All the more accurately, it gives the rate change in amount requested because of a one percent change in cost

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"a ________ is an order to buy or sell a set number of securities immediately at the best price available."

inessss [21]

market order~~~~~~~~~~~~

5 0

3 years ago

Read 2 more answers

Other financial data for the year ended December 31, 2020: Included in accounts receivable is $1,200,000 due from a customer and

shepuryov [24]

Answer:

$2,500,000

Explanation:

Calculation for the current liabilities total

Account payable and Accrued Liabilities $1,761,000

Add Income tax payable $654,000

Add Deferred income tax liability $85,000

Current liabilities total $2,500,000

($1,761,000+$654,000+$85,000)

Therefore the Current liabilities total is $2,500,000

4 0

3 years ago

1. According to Evan's Income and Expense Statement, he has a net loss. What could he do to change

sleet_krkn [62]

Answer:

1. Recalculate expenses ensuring only current period expenses are included.

2. He does not have all information regarding the expenses.

3. Writing expenses reduces human error

Explanation:

8 0

3 years ago

Yolanda manages a Best Sleep Inn along an interstate highway. She knows from experience that 5 to 10 last-minute customers will

Studentka2010 [4]

Answer:

Perishable 

Explanation:

A perishable products are any goods in which value deteriorates over time due to environmental factors, such as by-products of meat and poultry, fish and seafood, dairy products, fruit and vegetables, plants, pharmaceuticals and chemicals.

These products will likely lose value if not used or sold.

6 0

3 years ago

A bond discount must be amortized using the effective-interest method if it yields annual amounts that are materially different

Naddika [18.5K]

Answer:

A bond discount must:

always be amortized using the effective-interest method.

Explanation:

The effective interest method is the accepted accounting standard used to amortize bond discounts. It is also preferred by investors and analysts who want to determine the actual interest earned on the bonds. It is more logical than the straight-line method. Therefore, it must always be used, except for the simplicity offered by the straight-line method.

5 0

2 years ago