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3 years ago

Which statement best explains the law of demand?

Business

2 answers:

amm18123 years ago

8 0

The actual answer is B, hope this helped yall.

dangina [55]3 years ago

3 0

Answer:

the answer is b on edgenuity

Explanation:

just took the quiz ofng

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Ramakrishnan Inc. reported 2018 net income of $20 million and depreciation of $1,500,000. The top part of Ramakrishnan, Inc.'s 2

Afina-wow [57]

Answer:

$6,500,000

Explanation:

Calculation to determine the 2018 net cash flow from operating activities for Ramakrishnan, Inc.

Cash Flows from Operating Activities

Net income $ 20,000,000

Additions (sources of cash):

Depreciation $1,500,000

Increase in accrued wages and taxes $8,000,000

($43,000,000-$35,000,000)

Increase in accounts payable $9,000,000

($69,000,000-$60,000,000)

Less Increase in accounts receivable ($6,000,000)

($98,000,000-$92,000,000)

Less Increase in inventory ($26,000,000)

($170,000,000-$144,000,000)

Net cash flow from operating activities: $ $6,500,000

Therefore the 2018 net cash flow from operating activities for Ramakrishnan, Inc is $6,500,000

4 0

2 years ago

Gross billings for merchandise sold by Lang Company to its customers last year amounted to $12,520,000; sales returns and allowa

elena-14-01-66 [18.8K]

Answer:

c. $12,175,000.

Explanation:

Given: Merchandise sold by Lang company= $12520000.

Sales return and allowances= $270000.

Discount= $140000.

While calculating net sales, freight out charges is not included as it an selling expense and it should be included while calculating Gross profit of the company.

Here, we have to find the last year net sales for Lang company.

∴ $Net sales= sales\ revenue- (sales\ returns\ and\ allowances + sales\ discount)$

⇒ Net sales = $12520000-(270000 + 75000) = 12520000 - 345000$

∴Net sales= $\$ 12175000$

6 0

3 years ago

A survey of entrepreneurs focused on their job characteristics, work habits, social activities, leisure time, etc. One question

SVEN [57.7K]

Answer: Hello below is the complete question

A survey of entrepreneurs focused on their job characteristics, work habits, social activities, leisure time, etc. One question put to each entrepreneur was, "What make of car (U.S., Europe, or Japan) do you drive?" The responses (number in each category) for a sample of 100 entrepreneurs are summarized below. The goal of the analysis is to determine if the proportions of entrepreneurs who drive American, European, and Japanese cars differ.

U.S. Europe Japan

40 35 25

In order to determine whether the true proportions in each response category differ, a one-way chi-square analysis should be conducted. Suppose the p-value for the test was calculated to be p=0.1738 . What is the appropriate conclusion to make when testing at α = 0.10?

Answer : The conclusion to be drawn is that We cannot reject the Null hypothesis if we use a one-way chi square analysis because at α = 0.1 from the chi-square tabulated p-value = 0.584 while the calculated /given p-value is = 0.1738

Explanation:

Data given:

p-value = 0.1738

α = 0.10

sample size = 100

U.S cars = 40, Europe cars = 35, Japan cars = 25

The conclusion to be drawn is that We cannot reject the Null hypothesis if we use a one-way chi square analysis because at α = 0.1 from the chi-square tabulated p-value = 0.584 while the calculated /given p-value is = 0.1738

6 0

2 years ago

Is the South African post office a natural or artificial monopoly?motivate

stepan [7]

Answer:

The public goods school in economics is getting disproved as we speak about natural monopolies.

Explanation:

3 0

2 years ago

If you put $50 in a savings account that paid 10% compounded yearly, how much interest would you earn in 3 years?

stepladder [879]

Answer:

$66.55

Explanation:

10% of 50 = 5

55 in one year

10% of 55 = 5.5

60.5 in two years

10% of 60.5 = 6.05

66.55 in three years

Hope this helped

4 0

3 years ago