As to the receipts, the relationship between Quik mart and the bank is Creditor and Debtor.
<h3>Who is a Creditor and Debtor?</h3>
Any individual or organization that owes money to another is said to be a debtor . The debtor often has to pay both the principle and interest on the loan.
Creditors are people or organizations that lent money to another firm and are now owed money. An organization or individual that loans money or offers credit to some other party is known as a creditor.
Debtors are individuals or businesses who owe you money. They are also referred to as "accounts receivable" by you.
To learn more about Creditor
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Answer:
Correct option is (A)
Explanation:
Given:
Percentage change in price = 10%
Decrease in quantity demanded in terms of percentage = -15%
Price elasticity of demand measures the proportional change in quantity demanded due to proportional change in price. It is given by the following formula:
Price elasticity of demand = % change in quantity demanded / % change in price.
= -15% / 10%
= -1.5
A negative coefficient of price elasticity goes with the law of demand that states that increase in prices lead to decrease in quantity demanded.
Answer:
The rejection by the third job
Explanation:
Resumes
This is simply known as the normal means or method of an introduction to potential (assumed) employer. it containsmore relevant/more accurate information about the person and it is resume used as a basis for deciding which candidates to investigate further. The resume of candidates shows if identifies candidates meeting requirements.
There are various steps taken by the selection process in every organizations during employment exercise. They includes
1. Screening applications and resumes
2. Testing and reviewing work samples
3. Interviewing candidates
4. Checking references and background
5. Lastly, making a selection
The third one will be the most painful one to her as she has put more work into it than the rest.
Answer:
A) The GAAP statement is based on cost function rather than cost behavior.
Explanation:
Income statements that follow GAAP rules categorizes expenses based on their business function: product, selling or administrative.
While cost behavior categorizes costs based on how they influence a company's activities: variable, fixed and mixed. When a manager wants to measure the impact of any decision he/she makes, they need to use this type of categorization. For example, if fixed costs increase, what is the new break even point? If variable costs decrease, how is the marginal cost affected?
Answer:
The answer is b) people who have a more inelastic demand for amusement parks.
Explanation:
For this price discrimination strategy, amusement parks are aiming at people who are more willing to come to the amusement park to spend more hours at the park and does not care about entry price as much as other people who are not normally willing to visit the park; instead, may be take a try for one or two hours at the end of the day at deep discounted price.
So, high price will be charged to people less care about entry price, in other works their demand for the amusement parks is relatively more inelastic to other people.
Thus, b is the right choice.
