Answer:
no no entry will be made
Explanation:
Data provided in the question:
Date on which inventory sold, December 29
Amount of inventory sold = $5,500
Account terms = 2/10 n/30
Date on which amount is paid, January 3
Now,
Since the date on which the entry is being made (i.e December 29) is before the payment is actually made (i.e January 3). Therefore, no no entry will be made in its inventory account
With everything else remaining constant, an increase in supply will result in a decrease in the equilibrium price and an increase in the amount required.
The equilibrium price will increase as the supply declines, while the quantity needed will go down. Demand and supply forces are balanced at an equilibrium price. Prices have a propensity to return to this equilibrium unless certain demand or supply characteristics alter. When demand, supply, or both move or change, the equilibrium price will change. Price decreases and quantity increases as supply grows. Price increases and quantity declines cause a drop in supply. The equilibrium price rises if the increase in supply exceeds the increase in demand. The equilibrium price falls if the increase in supply is greater than the rise in demand. Equilibrium quantity rises in both scenarios. The equilibrium price and quantity are impacted by upward movements in the supply and demand curves. The equilibrium price rises but the quantity decreases if the supply curve changes upward, indicating that supply declines but demand remains constant. For instance, pump prices are expected to increase if gasoline supply are reduced.
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Answer: The answer is False.
Explanation: The marketing mix consists of the five “P”s, which are price, product, place, people and promotion. Price is the only portion of the marketing mix that generates revenue for the company, but it is not the only part that does not generate costs. That makes this statement false.
Researchers can manage and organize data by using strategies
in research that will help them into organizing the information that they were
able to obtain from the researches that they study. Strategies in which could
help them in managing and organizing data are the following—communication,
group meetings in which people who are involved with the study, extensive
training, conceptual framework development and trails for external and internal
audit in which should be created.
