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3 years ago

6

All changes in account balances are not caused by transactions between the business and another business or individual. true fal

se

1 answer:

pychu [463]3 years ago

8 0

That is definitely false

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The curve that shows the relationship between the sales price and quantity sold is called the:__________

Vinvika [58]

The curve that shows the relationship between the sales price and quantity sold is called the: demand curve.

The call for a demand curve is a graphical representation of the relationship between the price of an excellent or carrier and the quantity demanded for a given time frame. In a standard representation, the rate will seem on the left vertical axis, the amount demanded on the horizontal axis.

A demand curve is a graph that shows the amount demanded at every rate. every now and then the demand curve is likewise referred to as a demanding agenda because it is a graphical illustration of the call for schedules.

The demand curve can be a critical device to apply while corporations make pricing decisions. this is because the call for a curve can show the price point where the purchaser responsiveness drops, as well as the fee point that elicits the very best demand.

Learn more about the demand curve here:

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5 0

1 year ago

Suppose a person's utility is only a function of their consumption of diet soda and they do not care which brand, diet coke (dc)

Lera25 [3.4K]

Answer: b). falls from a positive amount to another positive amount

Explanation: Given that diet coke and diet pepsi give the consumer equal level of satisfaction. Diet coke and diet pepsi are substitutes, since, the consumer does not care about consuming diet pepsi and diet coke. For substitute goods the consumer will buy the cheapest of the two. When pdc (price of diet coke) rises but it remains less than pdp(price of diet pepsi) then the consumption of dc will decrease but it will still be above the consumption of dp. Since it is still relatively less expensive than diet pepsi. So the consumer will buy diet coke than diet pepsi, which means consumption of diet coke, dc falls from one positive amount to another positive amount.

8 0

3 years ago

On December 31, 2006, Frye Co. has $2,000,000 of short-term notes payable due on February 14, 2007. On February 2, 2007, Frye is

Juli2301 [7.4K]

Answer:

The amount of short term notes payable reported as Current liabilities (CL) on December 31, 2006 is $500,000

Explanation:

The amount of short term notes payable reported as Current liabilities (CL) on December 31, 2006 is computed as:

Amount of short term notes payable = Short term notes payable due on Feb 14 - Borrowed from County Bank

where

Short term notes payable due on Feb 14 is $2,000,000

Borrowed from County Bank is $1,500,000

Putting the values above:

Amount of short term notes payable = $2,000,000 - $1,500,000

Amount of short term notes payable = $500,000

5 0

3 years ago

At the beginning of a year, a company predicts total direct materials costs of $1,010,000 and total overhead costs of $1,270,000

marin [14]

Answer:

1.267 = Overhead Rate

Explanation:

<em>As general approach,</em> the manufacturing rate, along with any rate is done by dividing the cost by a cost driver.

$\frac{Cost\:Of\: Manufacturing\: Overhead}{Cost\: Driver}= $Overhead \:Rate$

In this case teh cost is the manufacturing overhead and the cost driver the direct materials cost:

$\frac{1,270,000}{1,010,000}= $Overhead Rate$

<em>Using Direct Materials cost, the rate would be:</em>

$1.257425743= $Overhead Rate$

3 0

3 years ago

I am having trouble in personal finance and need to learn how to figure out S=P(1+rt) and P=S(1+rt). Can someone assist me in le

NNADVOKAT [17]

A=p(1+rt)
A=future value
P=present value
R=interest rate
T=time
If you want to find present value
P=A/(1+rt)
If you want to find interest rate
R=[(A/p)-1]divided by t
Finally if you want to find time
T=[(A/p)-1]divided by r

7 0

4 years ago