Answer: Another reason people might travel is maybe for a vacation or get away or people also might travel for their work.
Explanation:
Answer:
The relationship between competition and consumer expectations is by what the compitition is creating in terms of product and functionability. And the consumer expectation is what will help the by buying into this product.
Explanation:
Answer:
2021: 675
2022: 2,025
Explanation:
The Company loaned in the month of October 2021, so three months interest income will be recognized calculated as follows:
27,000 * 10% (3/12) = 675
On 1 October 2021, the Company accepted 12 months note so it means that the loan was repaid on 30 September 2022, thus 9 months interest revenue will be recorded:
27,000 * 10% (9/12) = 2,025
Answer:
In the article since Toyota Prius is partly run by fuel it's sale is hurt by lowering of gasoline price. So more gasoline leads to less Toyota Prius sales. This indicates substitution.
On the other hand considering wholly gasoline powered cars, when prices of gasoline goes down, more gasoline is purchased and people tend to trade in their Toyota Prius for gasoline cars. In this case relationship is complimentary as increase in sale of gasoline leads to increase in sale of gasoline cars.
Explanation:
Answer:
A gain of $16,100
Explanation:
When the amount received from the disposal of an asset is higher than the carrying value of the asset, the company makes a gain on disposal.
The carrying amount of an asset is the difference between the cost of the asset and the accumulated depreciation of the asset.
Carrying amount
= $22,000 - $6,600
= $15,400
Gain/(loss) on sale of asset
= $31,500 - $15,400
= $16,100