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2 years ago

What does it mean to say that quantity supplied and price have a direct relationship

1 answer:

6 0

This means the amount of a good that is avalible (quanity) will impact how much it is (price). The higher the quanity the lower the price. The lower the quanity the higher the price.

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When creating a new quickbooks data file for an existing company, opening balances are added when you:?

Vesna [10]

The opening balance are being added when creating a new quick books data file for the existing company when there is a presence of having chart of accounts that are provided to be customized that made opening balances to be added.

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2 years ago

Outline four merits of indirect taxes

lesantik [10]

Answer:

Explanation:

1.Convenient: Indirect taxes are more convenient to pay. ...

2.Less Pinching: The announcement effect of indirect taxes does not provoke resentment, because they cause less annoyance to the public as they are not felt directly. ...

3.Not Easily Evadeable: ...

4.Broad based: ...

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5 0

2 years ago

What term can be used to describe the situation where your fixed and variable expenses are higher than your net income.(1 point)

Pepsi [2]

The term that describes the situation where fixed and variable expenses are higher than net income is D. dissaving.

Dissaving happens when an individual is spending from either previous savings or borrowing to fund current expenses.

Dissaving is commoner with retirees than those currently employed. But it can also happen to currently-employed persons, whose expenses are more than their incomes. They should find strategies to stop the negative saving. Otherwise, their debts may be overbearing in future.

Thus, dissaving means negative saving or spending more than income.

Learn more: brainly.com/question/13954775

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2 years ago

On December 31, 2016, Bart Inc. purchased a machine from Fell Corp. in exchange for a noninterest-bearing note requiring eight p

iragen [17]

Answer:

Bart Inc.

The initial value of the machine is:

= $114,240.

Explanation:

a) Data and Calculations:

Date of purchase of machine from Fell Corp. = December 31, 2016

Annual payments for a non-interest-bearing note = $20,000

Appropriate present value of the annuity due = 5.712

PV of the annual payments for 8 years = $114,240 ($20,000 * 5.712)

First payment date = December 31, 2016

Period of payments = 8 years

Prevailing interest rate for this type of note = 11%

Check from an online financial calculator:

N (# of periods) 8

I/Y (Interest per year) 11

PMT (Periodic Payment) 20000

FV (Future Value) 0

Results

PV = $114,243.93

Sum of all periodic payments = $160,000.00

Total Interest = $45,756.07

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2 years ago

What key factor kept the copernican theory from being widely accepted at first?

Amiraneli [1.4K]

The key factor that kept the Copernican is that Roman Catholic Church had decided that earth was the center of the universe and contrary opinions were heresy. The Copernican also proposed that a heliocentric system had decided the the Earth is the center of the universe and all of the contrary opinions regarding this was false.

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2 years ago