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3 years ago

The law of demand is the assertion that ... ?

Business

1 answer:

Sindrei [870]3 years ago

8 0

The quantity of a demanded product is inversely proportional to its price.

Simply put, the law of demand says that when prices go UP, demand goes down and when prices go DOWN demand goes up.

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The annual depreciation taken on a vehicle totals $4,400. The vehicle has been in service for three full years and the adjusting

KonstantinChe [14]

Answer:

Depreciation expense = $4,400

Accumulated depreciation = $13,200

Explanation:

Depreciation: The depreciation is the amount which decreases the value of the asset. It can be by obsolescence, usage, tear and wear, etc.

The annual depreciation is given i.e. $4,400 which will be charged in depreciation expense whereas the accumulated depreciation would be equal to

= Annual Depreciation × useful life

= $4,400 × 3

= $13,200

5 0

3 years ago

HOW TO EASILY BUY A PASSPORT ONLINE.

aleksandrvk [35]

No dont do this plsssss

7 0

2 years ago

ason owns a small landscaping business called GreenScapes. When buying a new pickup truck for his landscaping business, Jason ne

Tomtit [17]

Answer: reciprocity

Explanation: In simple words, reciprocity refers to the agreement in which two parties exchange goods or services in such a way that both of them will gain benefit from such agreement.

In business it can achieved in many ways, for example by combining the efforts and resources or by providing each other some service in exchange for service from the other side.

In the given case, Jason made a deal with dodge to provide service to him in exchange for service by him. Hence we can conclude that the given case depicts reciprocity.

4 0

3 years ago

I am having trouble with this question. Can you help me out?

Semmy [17]

Answer:

ok I can help but will is the question.◉‿◉

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2 years ago

Slinky Company purchased merchandise on June 10, 2021, at a price of $26,000, subject to credit terms of 4/10, n/30. Slinky uses

vampirchik [111]

Answer:

The answer is given below;

Explanation:

June 10.

Inventory (26,000*.96) Dr.$24,960

Accounts Payable Cr.$24,960

2.If payment is made on June 18,2021

Accounts Payable Dr.$24,960

Bank Cr.$24,960

3. If payment is made on July 8,2021

Inventory (26,000-24,960) Dr.$1,040

Accounts Payable Cr.$1,040

Accounts Payable (1,040+24,960) Dr.$26,000

Bank Cr.$26,000

As the credit period of 10 days for discount was not availed, therefore full amount payment will be made.

4 0

3 years ago