There are __________ categories of road signs.

The follow passage describes how a catalytic converter in a car works. The catalytic converter mostly likely was developed in re

Mashcka [7]

Answer:

Its A

Explanation:

Its A

5 0

3 years ago

Riverbed Company sells goods that cost $320,000 to Ricard Company for $407,000 on January 2, 2020. The sales price includes an i

Alecsey [184]

Answer:

a) Journal entries to record the sale on January 2, 2020:

Debit Accounts Receivable with $407,000

Credit Sales Account with $368,500

Credit Deferred Revenue (Installation Fee) with $38,500

Being sales of goods and installation services.

b) Income Statement for 1st Quarter of 2020

Sales - $368,500

Installation Fee - $19,250

Total Income - $387,750

less cost of sales - $320,000

Net Income - $67,750

c) The revenue Shaw should recognize in relation to the sale to Ricard is $387,750 (goods and accrued installation fee). The installation fee to be recognized is for 3 months only.

Explanation:

The installation fee is for 6 months. Therefore, 3 months' worth of fee will be recognized in the income statement ending on March 31, 2020.

7 0

3 years ago

You are the only seller of eggs in town, and the price-elasticity coefficient for eggs is known to be 2. If you want to increase

lukranit [14]

Answer:

the seller must lower the price by 12.5%

5 0

3 years ago

Read 2 more answers

A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. Which of the fol

svetoff [14.1K]

Answer:

A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. The following concepts can not be illustrated by this concept:

the flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing.

Explanation:

A Production Possibilities Frontier also known as the Production Possibility Curve or Transformation Curve. This curve illustrates a country or a business is utilizing its resources effectively by showing the point at which that country or business is producing its products efficiently.
This curve is unable to tell you the flow of dollars between the seller and buyers of goods of a business or a country.
It only tells us about the production of goods not the flow of cash.

7 0

3 years ago

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Decision Point: Your Final Meeting: RC Helicopter Piloting Radio controlled helicopter Your next client is Alan, who runs a high

hoa [83]

Answer:

Leave the price alone. Although it may lack some of the features that competitors’ models have, the Boss brand is well-recognized and well-respected in the market

Explanation:

You chose to lower the price to $359.That was the best choice.During the maturity stage of the product life cycle, increased competition eventually forces price cutting, and market share leadership may outweigh profit as a pricing objective, so this is a good option. However, it would take some research to determine whether the company can still make a profit at this price.

8 0

3 years ago