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mojhsa [17]
2 years ago
11

Albert jones went to his local department store to purchase a pair of levi's. he thought that the style of levi that he wanted w

ould sell for about $30 a pair. when he got to the store, he saw a sign which said, levi's, all styles, $18 a pair. albert bought three pairs of levi's. the behavior of albert is consistent with
Business
1 answer:
geniusboy [140]2 years ago
6 0

The behavior of Albert is consistent with the law of demand.

The basic law of demand says that the higher the price of a commodity, the lower the quantity demanded; and the lower the price of a commodity, the higher the quantity demanded.

Albert went to his local store, hoping to buy a pair of Levi's for $30, however, when he got there, the price was lower at $18, he then decided to buy more than one because the price was lower. This is the law of demand taking place.

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g The Esposito Import Company had 1 million shares of common stock outstanding during 2021. Its income statement reported the fo
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Answer:

$5.00

Explanation:

Preparation of the 2021 EPS presentation for the Esposito Import Company

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Therefore the Net income after the Preparation of the 2021 EPS presentation for the Esposito Import Company is $5.00

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3 years ago
Vernon Bicycle Manufacturing Company currently produces the handlebars used in manufacturing its bicycles, which are high-qualit
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5 0
2 years ago
Bravo inc owns 20,000 of the 40,000 outstanding shares of bello, inc. common stock. During 2021, Bello earns 1,200,000 and pays
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the  ending balance of the investment account is $870,000

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The computation of the ending balance of the investment account is shown below:

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LO 1.3Briefly discuss the chain of command for someone being hired into an organization as a staff managerial accountant.
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A staff managerial accountant is part of the mid-level accounting management.

The top position in the chain of command is the Chief Financial Officer, who is in charge of all financial matters within the firm, especially of presenting accurate financial information at the end of the accounting year to management, stockholders, and potential investors.

Directly below him is the controller, an important position in charge of reporting financial statements during the year, and helping gather information for auditors during external audtis.

Below a staff managerial accountant would be lower level accounting who are in charge of bookeeping on a daily basis.

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