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Bogdan [553]
3 years ago
8

How does increase demand for a product help lower its price to consumers?

Business
1 answer:
iren2701 [21]3 years ago
7 0

Answer:

The four basic laws of supply and demand are: If demand increases and supply remains unchanged, then it leads to higher equilibrium price and higher quantity. If demand decreases and supply remains unchanged, then it leads to lower equilibrium price and lower quantity.

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Spielberg Company's general ledger shows a checking account balance of $22,970 on July 31, 2021. The July cash receipts of $1,88
zhuklara [117]

Answer:

Debit Balance as per Cash Book - i - ii + iii = Credit Balance as per Passbook.

Explanation:

Bank Reconciliation Statement is a statement drawn at the end of accounting period, to adjust the mismatch between bak balance as per cashbook & passbook.

Debit Balance as per Cash Book = $ 22970

Less : Receipts added in cashbook, but not passbook = (1885)

Less : Bank service fee deducted from passbook, not cashbook = (55)

Add : Cheques written but not deducted from passbook = 1460

Credit Balance as per passbook = $ 22490

3 0
4 years ago
A company ages its accounts receivables to determine its end of period adjustment for bad debts. At the end of the current year,
Sophie [7]

Answer:

The appropriate answer is "$22,305".

Explanation:

The given values are:

Estimated uncollectible,

= $22,750

Credit balance in allowance,

= $445

Now,

The bad debt expense will be:

= Estimated \ uncollectible-Credit \ balance \ in \ allowance

By substituting the values, we get

= 22750-445

= 22305 ($)

5 0
3 years ago
The value of the bond that is paid back at maturity is known as _____.
IrinaK [193]
For the answer to the question above, 
It is multiple choice letter a. Face Value
In layman's term face value is the nominal value of a security of the issuer or stocks, it is the original cost of the stock shown on the certificate. For bond i<span>t is the </span>amount<span> paid to the holder at maturity.
</span>
8 0
3 years ago
Read 2 more answers
Bethesda Mining Company reports the following balance sheet information for 2015 and 2016.
77julia77 [94]

Answer:

ROE for Bethesda Mining company = 24.28%

Explanation:

ROE using Du Pont = \frac{net profit}{sales}×\frac{sales}{assets}×\frac{assets}{equity}

the simple way is to solve the equation before substituting. The asset numerator cancels the asset denominator so does the sales numerator to the sales denominator.

so we are left with ROE =    \frac{net profit}{equity} = 100,381 / 413348 = 24.28%

8 0
3 years ago
Read 2 more answers
. Define corporate-level strategy. What are the different levels of diversification firms
dsp73

Answer:

Tipos de diversificación empresarial

Explanation:

°Inversión propia. Constituye la fórmula de diversificación más seguida, puesto que supone echar mano de los recursos propios a la hora de intentar conquistar nuevos espacios productivos y clientes.

°Adquisición total o parcial de una empresa.

°Diversificación relacionada.

°Diversificación no relacionada.

8 0
3 years ago
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