Answer:
It is more convenient to rework the units and sell them for the full price.
Explanation:
Giving the following information:
The company has 19,000 defective units.
The units can be:
a) sold as-is for $3.40 each
b) reworked for $4.80 each and then sold for the full price of $8.80 each.
<u>We won't take into account the firsts $5.4 costs because they are irrelevant for the decision-making process.</u>
Sell as-is:
Effect on income= 19,000*3.4= $64,600
Rework:
Effect on income= 19,000*(8.8 - 4.8)
Effect on income= $76,000
It is more convenient to rework the units and sell them for the full price.
The correct option is C - Increase assets and increase liabilities
<u>Explanation:</u>
When anorganization purchases office supplies on account then it becomes essential to record such supplies as supplies on hand. Generally, in a business organization, the supllies on hand are used up within the span period of one year which means that they are to be recorded as current asset in the financial statement ( balance sheet). As no cash has been paid to merchandise, so it increases the liabilities also.
Therefore, it will increase the current assets and current liabilities.
Answer:
price of iPhones decreases
Explanation:
A decrease in price increases quantity demanded but does not increase demand.
iPhones and Android phones are substitute goods.
Substitute goods are goods that can be used in place of another good.
An increase in the price of androids increases the cost of androids. So, consumers would increases their demand for iPhones.
Because iPhone is assumed to be a normal good. An increase in the price of iPhones would increase the demand for the good.
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls
Data plans and iPhones are complement goods.
Complementary goods are goods that are consumed togethe
A decrease in the price of data plans would increase the demand for iPhones.
Stockholders' equity is increased by revenues.
<h3>What is stockholders' equity?</h3>
Stockholders' equity is the total assets of a firm less the total liabilities. According to the accounting equation, stockholders' equity = assets - liabilities.
Factors that cause asset to increase or liabilities to reduce increases stockholder's equity. For example, an increase in revenue increases stockholder's equity or a decrease in expenses increases stockholder's equity.
To learn more about stockholder’s equity, please check: brainly.com/question/26210654
Answer: all available funds
Explanation:
From the information given in the question, it can be infer that Flatley and Synnott used the all available funds method for promoting their product.
This all available funds method is the allocation of all the available profits for advertising purposes. It is an aggressive method as it can invoice moving door to door or doing at other means in order to promote a product. It is useful when a new company wants to increase the consumer awareness with regards to its products or services.
