I think the answer is fine dining. Because if it is a fancy restaurant they want to have as many people to cater to each customer
Answer:
B. the demand for a product and its price has a direct relationship
Explanation:
demand comes from the price which ultimately effects the proportions with the consumers purchasing the product. if the product is good enough with a fair price to come with it, the demand will increase, or if a product becomes more scarce the demand for it will increase along with the price raising.
Answer:
<u>c. $2,018.00</u>
Explanation:
Lower of cost or market is the inventory valuation method which requires to record the inventory at a value lower of
- Initial cost of inventory ( Manufacturing cost or Purchasing cost )
- Market value of the Inventory ( Net realizable value of the market )
Product__Quantity__Cost per unit__Market per unit___ Lower ____Value
Jelly _____150 ______$2.00 ______2.15___________ $2.00____ $300
Jam _____ 370 _____ $2.65 ______2.50 __________ $2.50 ____ $925
Marmalade 260 _____ $3.10 ______3.05 __________ $3.05 ____ $793
Total Value ___________________________________________<u>$2,018</u>
No, its not illegal to order a pizza for someone else
Answer:
Calculation of Gain or Loss:
Book Value of Truck:
= 25,000 - 22,500
= $2,500
Gain on Exchange:
= 4,125 - 2,500 - 625
= $1,000
Therefore, the journal entry is as follows:
Accumulated Depreciation A/c Dr. $22,500
computer A/c Dr. $3,125
To Truck $25,000
To Cash $625
(To record the Truck)
