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4 years ago

Demand for home computers has increased yet the price has fallen.Explain this

Business

1 answer:

dexar [7]4 years ago

4 0

Answer:

cost of manufacturing

Explanation:

In the old days the price to make computers was very high so to make profit computers used to be even more expensive. But as time went on people learned to use less expensive materials to make computers and competition against other companies made them lower the prices. Due to that the demand for computers has risen.

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On March 1, 2021, Bearcat lends an employee $16,000. The employee signs a note requiring principal and interest at 12% to be pai

kramer

Answer:

Given that,

Amount of money lend to employees on March 1, 2021 = $16,000

Rate of interest = 12 percent

Interest amount and principal to be paid on February 28, 2022.

Interest is accrued on December 31,

Time period = From March 1, 2021 to December 31, 2021

= 10 months

Accrued Interest amount = Principal amount × Interest rate × Time period

= $16,000 × 0.12 × (10 ÷ 12)

= $1,600

Therefore, the adjusting journal entry is as follows:

Interest receivable A/c Dr. $1,600

To interest income $1,600

(To record the interest on amount given to employees is accrued and adjusted)

8 0

3 years ago

According to the Uniform Commercial Code's interpretation of an open quantity term, if the quantity term is left open in a contr

Pie

According to the Uniform Commercial Code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods courts generally have no basis for determining a remedy.

<h3>What do you mean by Uniform Commercial Code?</h3>

The uniform Commercial code states that a sale consists of the passing of title from the seller to the buyer for a price.

According to the Uniform Commercial code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods, courts have no basis for the determination of remedy.

Learn more about uniform commercial code here:

brainly.com/question/8476938

#SPJ1

3 0

3 years ago

Tamarisk, Inc. reported net income of $194,700 for 2020. Tamarisk also reported depreciation expense of $47,700 and a loss of $4

Rina8888 [55]

Answer:

$292,300

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is presented below:

Cash flow from Operating activities

Net income $194,700

Add: Depreciation expense $47,700

Add: Loss on the disposal of plant assets $4,900

Add: Decrease in accounts receivable $19,900

Add: Increase in accounts payable $21,900

Add: Decrease in prepaid expenses $3,200

Net Cash flow from Operating activities $292,300

5 0

3 years ago

The research and development department of a large manufacturing company would likely be organized as

zlopas [31]

The choices were <span>A. A profit center. B. A cost center. C. A revenue center.
D. An investment center.

The answer is B. a cost center.

Cost centers give profit to a company indirectly. It can come from human resources, the right people for the job are hired makes efficient work done carefully. Research and development is also a cost center because it can search for productive works and innovations that can help the company address its weaknesses. R&D can lower the budget cost and still maintain the quality of products. </span>

6 0

4 years ago

Consider this problem: Fast Auto Service provides oil and lube service for cars. It is known that the mean time taken for oil an

astraxan [27]

Answer:

The maximum time guaranteed = 19.04 minutes.

Explanation:

From the given problem data, we have:

Let Y be the random variable which follows the normal distribution.

So,

Y ~ N(u = 15, SD = 2.4

Where, u = mean and SD = Standard Deviation

Let the maximum time guaranteed is = M

So,

P (Y > M) = 0.05 equation 1

Convert this equation 1 into standard normal variable, that is,

P(Y> M) = 0.05

1 - P(Y $\leq$ M) = 0.05

P(Y $\leq$ M) = 1 - 0.05

P(Y $\leq$ M) = 0.95

P $(\frac{Y-u}{SD} \leq \frac{M-u}{SD} )$ = 0.95

P ( Z $\leq \frac{M - 15}{2.4}$ ) = 0.95 Equation 2

From the equation 2, we have,

$\frac{M-15}{2.4}$ = 1.644853627

1.644853627 value is from using the function of Excel

( =NORSINV(0.95)) = 1.644853627

So,

M = 1.644853627 + 2.4 + 15

M = 19.04

Hence, the maximum time guaranteed = 19.04 minutes.

6 0

3 years ago