Answer:
The introduction is effective because it is setting an example of why the thesis behind the book is correct.
Mary Kay Ash, instead of introducing with a statement about her ideas, and why she believes in those, decided to tell a story about a business plan. This is a concrete form to show that under a free enterprise system, women like her, are able to succeed in the business world because they are given the freedom to do so.
Answer:
A DEBIT to Estimated warranty liability
Explanation:
Based on the information given we were told that the company recognized an estimated warranty of the amount of $54,000 for its 2017 sales in which the year 2018 the company also repair costs of the amount of $21,000 which is related to products sold during the year 2017 which means that The journal entry to record the cost of repairs would include a debit to ESTIMATED WARRANTY LIABILITY .
Answer: Option c
Explanation: Elasticity is an economic term that describes a transition in consumer and vendor actions in response to a price change for a commodity. How the market for the commodity responds to a price change dictates the elasticity or in-elasticity of the demand for that product.
An inelastic commodity is the one that even after a price change, buyers continue to buy. A good or service's elasticity may change depending on the number of close alternatives accessible, its overall cost, and the length of time that has passed since the increase in price occurred.
Thus even if there is a slight change in demand due to change in price then the commodity is said to be elastic.
Answer:
$213.40
Explanation:
Freedom Wine
Maximum daily fee =
(Received average in check per day × delay in clearing days) × Current interest rate percent per day
Maximum daily fee = ($684,006 ×1.3) × 0.00024
=$889,207.8×0.00024
= $213.40
Therefore the highest daily fee the company should be willing to pay to eliminate its float entirely will be $213.40
Answer:
a) Under a progressive rate structure, the marginal rate and the average rate are equal
Explanation:
There are basically three types of tax structure which are as follows
1. A regressive tax levied the similar percentage in the goods that are purchased irrespective of the income of the buyer it would not be good for the poor earners
2. A proportional tax levied the similar tax rate for all types of individuals irrespective of the income
3. A progressive tax levied the high percentage who has higher income as they can afford to pay more and the lower percentage for the lower income and vice versa.
So based on the given options, the option A is false and hence the same is to be considered
