The answer to this question is Elastic
An elastic product is the type of product which demand will be influenced by movement in prices. For product like cloud computing, the product could be considered more durable because it willl always stay needed and will not go rotten, so the movement in prices shouldn't necessarily affect them that much.
Answer:
C Liabilities are understated, and net income is overstated.
Explanation:
To accrue for interest expense, the required entries are;
Debit Interest expense (p/l)
Credit Accrued Interest (B/s)
Being entries to recognize accrued interest expense.
If this is not posted, liabilities and expenses for the period would be understated. As such, net income would be overstated.
Hence the right answer is C Liabilities are understated, and net income is overstated.
The perfect home brokerage firm was found guilty of running deceptive ads. The federal trade commission might require all of the following except Letters of apology to all affected consumers.
<h3>
What is the federal trade commission?</h3>
The Federal Trade Commission is an independent agency of the United States government whose primary objective is to enforce civil antitrust law in the United States and to promote consumer protection.
The FTC and the Department of Justice Antitrust Division share authority over federal civil antitrust enforcement.
The federal trade commission is essentially a police that protects trade especially consumers.
Learn more about federal trade commission;
brainly.com/question/8244775
#SPJ1
Answer:
Explanation:
as it is said we must apply the CAPM model, so we have:
where 
is the capital asset pricing model, 
is the risk free of the market, 
is the relation between the market benchmark and an asset return, and 
is the expected return of an asset
Answer:
gain on disposal 30,000
Explanation:
First we do the numbers for the old truck:
Asset 140,000
Acc Dep 80,000
Book Value 60,000
Now, becuase there are commercial subtance we will recognize the dgain or loss at disposal.
Total given-up for the tow truck
bake tow truck 100,000
cash <u> (10,000) </u>
Baker valuation of our truck 90,000
book value (60,000)
gain on disposal 30,000
<u>journal entry</u>
tow truck 100,000
acc dep delivery truck 80,000
cash 10,000
delivery truck 140,000
gain on disposal 30,000
