Answer:
1. A debit to cash for $135,000
Explanation:
The complete entries are
1. A debit to cash for $135,000
2. A credit to common stock account for $135,000
Answer:
Marketing manager
Explanation:
Product mix, also known as product assortment, is the total number of product lines that a company offers to its customers. The product lines may range from one to many and the company may have many products under the same product line as well. All of these product lines when grouped together form the product mix of the company.
Answer:
True
Explanation:
In Microeconomics, there is a correlation between offer and demand. If the market demand stays the same, in a competitive industry expanding its demand other suppliers will come into the game.
So, in the long run. Prices will end up to fall as a result, until it stabilizes on average.
Your answer should be 40 million dollars