Answer:
$12,750
Explanation:
The computation of net differential income is shown below:-
For computing the net differential income first we need to find out the net income if equipment is sold and net income if offer lease is accepted which is given below:-
Net income if equipment is sold = Sales consideration - Commission
= $25,000 - ($25,000 × 7%)
= $25,000 - $1,750
= $23,250
Now,
Net income if offer lease is accepted = Lease amount - Repair, insurance and property tax expenses
= $46,000 - $10,000
= $36,000
So,
Net differential income from the lease alternative = Net income if offer lease is accepted - Net income if equipment is sold
= $36,000 - $23,250
= $12,750
The supply curve for a good will be more elastic if "production inputs are readily available at a relatively low cost".
<u>Option: C</u>
<u>Explanation:</u>
The graphical interpretation is applied to understand the concept of supply curve for any good available in market. This is done by correlating the cost of a good or service and the supplied amount during a given period. In such representation the cost is mentioned vertically on the left axis, while the amount supplied is mentioned horizontally.
The coverage of responsiveness with respect to variations in cost of demand or supply products is understood as elasticity. Here when the small variations in cost leads to the large variations in consumed amount of product, thus curve become more elastic. While if a curve is found less elastic, which showcase that their is large variations in the price to impact a change in consumed amount.
Answer:
savings accounts or checking accounts
Answer:
Cash account balance $5,680
- bank service fees ($47)
- NSF check ($190)
+ customer's note receivable $560
<u>+ interest earned $66 </u>
adjusted cash account balance $6,069
Dr Bank fees expense 47
Cr Cash 47
Dr Accounts receivable 190
Cr Cash 190
Dr Cash 560
Cr Notes receivable 560
Dr Cash 66
Cr Interest revenue 66
The minimum price that this order could be offered is at cost. Since there are no cost figures in this question, this is the best answer I can give.
You would need to at least sell the item for the amount of money it cost you to make, assemble, and ship the product.
