Answer:
b. allocating your investment funds to several types of investments
Explanation:
Diversification means allocating your investment funds to several types of investments. To diversify means to shift away from the ordinary and normal investment to look into a new profitable one.
Answer:
Affixing
Explanation:
Affixing in Real Estate is the process of permanently attaching a physical property to a real estate or property.
Planting trees, constructing new buildings, converting an existing personal property to real property are all processes of affixing.
Answer:
The sales mix is 1:2.
Model 101 Model 102
Selling Price 21 56
Variable Cost -14 -35
Contribution Per Unit 7 21
Multiply Sales Mix Ratio 1 2
Weighted Contribution 7 42
Now add the weighted Contribution to compute Contribution margin per composite unit which is 7+42=$49
Explanation:
I assumed that the cost and selling price here for Model 101 is $14 and $21 respectively. Similarly the cost and selling price of Model 102 is $35 and $56 respectively.
Remember that Contribution margin per composite unit means that we will earn 49 dollars(combined contribution of sales mix) if we sell the sale mix of Model 101 and 102 which is 1:2.
Answer and Explanation:
1. Interest Revenue $23,000
Sales Revenue $510,000
To Income Summary $533000
(Being closing of revenues accounts are closed)
2. Income Summary $453,000
To Sales returns $20,000
To Sales Discounts $7,000
To Cost Of goods sold $310,000
To Freight out $2,000
To Advertise Exp $15,000
To Interest Exp $19,000
To Salaries & Wages $55,000
To Utility $18,000
To Depreciation $7,000
(Being closing of expenses accounts are closed)
3. Income Summary $80,000
To Retained Earning $80,000
(Being profit is recorded)
4. Retained Earning $30,000
To Dividends $30,000
(Being closing of dividend is recorded)
Answer:
The correct answer is letter "B": The quantity demanded of hot dogs increases, and the demand for hot dog buns increases.
Explanation:
According to the demand theory, as long as the price of a product decreases the quantity demanded increases. The theory explains the relationship between the price and quantity demanded of a good or service within a market. That relationship is said to be <em>inversely proportional</em>.
In that case, if the price of the hot dogs is reduced by half, the quantity demanded is likely to increase. Supplementary goods such as hot dog buns are prone to see an increase in their demand.