Answer:
Explanation:
May 3
Dr merchandise inventory 27,000
Cr Cash 27,000
May 5
Dr Accounts receivable 19,500
Cr Sales 19,500
May 5
Dr COGS 13,500
Cr Merchandise inventory 13,500
May 7
Dr Sales returns and allowances 1,950
Cr Accounts receivable 1950
Dr Merchandise inventory 1350
Cr COGS 1350
May 8
Dr Sales returns and allowances 750
Cr Accounts receivable 750
May 15
Dr Cash 16464
Dr Sales discount 336
Cr Account receivable 16800
19500-1950-750 = 16800
16800*2% = 336
Answer:
perfect competition; equal to $15
Explanation:
A Perfect competition industry is characterised by :
1. Firms that are price takers - They do not set price but prices are set by the forces of demand and supply.
2. Prices are equal to marginal revenue and average revenue.
3. plenty buyers and sellers.
4 free entry and exist of firms.
A monopolistic industry is chartcerised by :
1. Firms that are price makers.
2. Plenty buyers and sellers.
3. Price and average revenue are less than the marginal revenue
A monopoly is characterised by :
1. Firms that are price makers.
2. One seller
3. Price and average revenue are less than the marginal revenue
Answer:
The amount of the fee is $1689.60
Explanation:
The computation of the amount of the fee is shown below:
= Dollar value × fund charges a 12b-1 fee
= $211,200 × 0.8%
= $211,200 × 0.008
= $1689.60
Since the question has asked the fee amount so we consider the fee charges percentage, not the capital investment Lifecycle fund. Thus, we ignore the Capital Investments Lifecycle Fund as it is not relevant.
Hence, the amount of the fee is $1689.60
Answer:
Extortion
Explanation:
Extortion is the act of threatening or forcing another party to give you something, most of the time money.
In this case the minister in the developing country is demanding for payment before giving approval for the multi-million dollar contract.
The threat the minister is using against the company is to not approve Thier contract.
Answer:
The correct answer is letter "A": demand curve to the right and make demand less elastic.
Explanation:
Investing in advertising has one goal: <em>increasing profits</em>. There are many ways of increasing the revenue of a company being the most common increasing the quantity demanded. However, increasing the quantity demanded -<em>moving the demand curve to the right</em>- implies bringing the prices down -<em>demand law</em>, but we do not know how the market will react.
Then, advertising should also help institutions marketing that will help them make their products less <em>elastic </em>or less prone to major changes in quantity demanded due to changes in price.
