Answer:
Just-in-time inventory method
Explanation:
Just-in-time inventory method accurately forecasts demand for a good or service, so that it requests only for inventory it uses in production process. This method is aimed at reducing inventory storage cost and other expenses associated with having excess inventory on hand.
This method results in smooth operation at reduced cost. To be successful the business must accurately predict demand, and react fast to meet supply obligations.
'Elastic' goods-is something in the market that is high in demand (in publicity-and that people buy it.
Ex beef is a great example of an elastic good. If you set the beef to a higher price than usual-customers will not buy it as expectedly as before.
'Inelastic' goods like gas- is a perfect example because if you set gas in high price-customers would not question it and pay for the price of gas anyways. (Due to it fulfilling customers' needs only.)
To answer your question, a horizontal demand curve is when you have a fixed demand in price (people are buying it has demand) and that supplies have ample quantity. (Supplies are high quantity)
Demand for a good in the horizontal demand curve is 'moderately elastic' because the supplies have quantity more than the fixed demand. It fits modernly elastic-customers are not buying as much due to high price and therefore supplies of quality increases. Just like the beef example.
The Answer is A
If the horizontal demand curve is 'inelastic' then it would be the opposite- demand would be higher than the quantity of supply.
Hope this helps :)
Answer:
Cash Inflow from Investing Activities
Explanation:
The Cash Flow from Investing Activities shows the cash flow resulting from acquisition and sale of Assets held by the Company. The sales of investments in securities imply the sale of an asset, hence it is a Cash Inflow from Investing Activities.
Answer:
The uniform amount that can be used for scholaship, every year, first being at the end of the first year is $1,745.14
Explanation:
Hi, in order to find the amount that can be used to pay for school so the balance would last forever, given that $30,000 were left in the savings account, we need to solve for A the following equation.
Where;
r1 = 7%
r2 = 5%
n = 10
PresentValue = $30,000
Everything should look like this:
So, uniform amount that could be used for the student scholarship each year, beginning at the end of the first year and continuing forever is $1,745.14
Best of luck.
Answer:
A chart of accounts is the list of the accounts in a given firm’s ledger.
Explanation:
Chart of accounts: It is a chart which shows different types of accounts in a firm ledger. The accounts like - Assets, liabilities, revenue, expense, and shareholder equity.. Mainly these are the accounts types or we can say chart of accounts which is shown in the firm ledger
In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:
Total assets = Total liabilities + stockholder equity
The debit and credit side of the balance sheet should always be equal and balanced. Moreover, it always is prepared on the specified date.
In the income statement, the total revenues and the total expenses are recorded. If the total revenues are more than the total expenditure then the company earns net income
. And, If the total revenues are less than the total expenditure then the company have a net loss
This net income or net loss would reflect in the statement of the retained earning account.
