Answer: d). Demand Schedule
Explanation:
Demand schedule is a tabular representation of the quantities of a good demanded by the consumer at different prices. While, a demand curve is a graphical representation of the quantities demanded by the consumer at different prices.
Since, the question is asking for the chart that shows the connection between consumer demand (no all consumer or market demand) and price, the correct option should be demand schedule.
Answer:
Health insurance Ata yan bhie33
Answer:
Explanation:
a. General Journal
1
Dr Cash $27,500
Cr Common Stock $27,500
2
Dr Merchandise Inventory $22,000
Cr Cash $22,000
3
Dr Cash $ 30,500
Sales $ 30,500
4
Dr Cost of goods sold $ 15,600
Merchandise Inventory $ 15,600
c)
Income Statement
For the year ended December 31,Year 1
Sales $ 30,500
Cost of good sold $ 15,600
Gross Margin $ 14,900
d)
Cash Flow from Operating Activities:
Purchase of Inventory ($22,000)
Cash Sales made $ 30,500
Cash Flow from Operating Activities $8,500
Answer: Claims exchange transaction
Explanation: In simple words, these are the transactions that do not change the level of total claims, that is, these transactions results in increase on one claim and decrease of the other.
In the given case, the company accrues $3200 to its employees. This transaction will have a dual effect of increase in liabilities and decrease in retained earnings, so the overall claims will remain unchanged.
Hence we can conclude that the correct option is D .
Answer:
Wave Corporation
Balance sheet as on December 31 2018
$, Million $, Million
<u>Assets</u>
Non Current Assets
Long-term assets 43
Current Assets
Cash 50
Accounts Receivable <u> 19 </u>
Total Current Assets <u> 69 </u>
Total Assets <u> </u><u>112 </u>
<u>Equity and Liabilities</u>
Equity:
Common stock 24
Retained Earnings <u> 35 </u>
Total Equity 59
Liabilities:
Non current Liabilities
Long Term Loan note payable 30
Current Liabilities
Accounts Payable 23
Total Liabilities <u> 53</u>
Total Equity and Liabilities <u> 112</u>
