Answer:
The answer is: B) demand curve for Matthew’s pies will decrease.
Explanation:
When the cost of a production input increases, the supplier faces higher production costs. Apples are a key input used to produce apple pies, and an increase in the price of apples will increase Matthew's production costs.
If the production costs increase, producing the good or service becomes less profitable, reducing the supply of that good or service. Since Matthew will earn less money from baking apple pies, he is likely to decrease the quantity of apple pies he bakes.
A decrease in the supply will shift the supply curve to the left.
Answer:
$45,000 revenue to be recorded
Explanation:
If the seller is purchasing the goods and service from customer at fair value of those goods, so will account for that purchase as separate transaction.
Computing overpayment as:
Overpayment = Amount paid - Fair value
where
Amount paid is $10,000
Fair value is $7,000
So,
Overpayment - $10,000 - $7,000
Overpayment = $3,000
Now,
Computing the Net revenue which should be recorded as:
Net revenue = Sale amount - Overpayment
where
Sale amount is $48,000
Overpayment is $3,000
So,
Net revenue = $48,000 - $3,000
Net revenue = $45,000
You never have to wonder if you are forgetting something
<span>The correct answer is C. Equipment loans are not usually tied to the redevelopment of the business real estate in any way. Equipment and real estate are two distinct classes of business assets. An equipment loan would, however, be tired to the equipment itself as the nature of the equipment would determine the amount of the loan. The equipment would also usually serve as collateral on the loan. The financial position of the borrow and the business's overall cash flow (but mainly its operating cash flow) would also be tied to the equipment loan in that these items would help the bank assess the risk of the loan and therefore determine the interest rate and terms of the loan.</span>
Soft customer-defined standard.
Opinion based measures that cannot be observed and must be collected by talking to customers(perceptions, belief) is called Soft customer-defined standard.
