Answer:
Option (d) is correct.
Explanation:
Given that,
Customer purchases $340 worth of merchandise from The GAP using a gift card.
A gift card is having an amount of money that is used by the gift card holder for the purpose of purchasing goods. So, in the books of GAP, the value of gift card is debited as an unearned revenue and the sales revenue is credited.
The journal is as follows:
Unearned revenue A/c Dr. $340
To sales revenue A/c $340
(To record the merchandise sold for a gift card)
Based on the income shares of Croatia, Nicaragua, and Haiti, when it come to which nation has the most income, the answer is you cannot tell from this table.
<h3>Which nation has the most income?</h3>
The table simple shows the various percentages of the country's population that are earning a certain amount.
From this table alone, we cannot tell which nation has the most income.
We can infer however, that Croatia has the least income inequality based on the even spread of total income. Haiti then has the most income inequality.
Question is:
Which nation has the most income?
- Croatia
- Nicaragua
- Haiti
- You cannot tell from the table
Find out more on income inequality at brainly.com/question/24554155.
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Answer:
$6490
Explanation:
The computation of the ending inventory is shown below:
= (January ending inventory in units × price) + (February ending inventory in units × price) + (May ending inventory in units × price) + (September ending inventory in units × price) + (November ending inventory in units × price)
= (8 units × $113) + (9 units × $124) + (13 units × $136) + (7 units × $144) + (11 units × $154)
= $904 + $1,116 + $1,768 + $1,008 + $1,694
= $6,490
Answer:
The maximum expected output capability of a resource or system. - Is the definition of <u>Design Capacity.</u>
An approach to a firm's acquisition of resources that will either lead, lag, or track the customer demand. - Is the definition of <u>Capacity Expansion Strategy.</u>
A capacity acquisition strategy where expansion takes place before the demand materializes and never falls behind the capacity growing requirements. - Is the definition of <u>Lead the Demand.</u>
The expected output capability of a resource or system after accounting for scheduled down time (like for maintenance).- Is the definition of <u>Effective Capacity.</u>
A capacity acquisition strategy where expansion takes place only after the demand materializes and never exceeds the demand. - Is the definition of <u>Lag the Demand.</u>
Answer:
2. For Joe income effect dominates while for Adam substitution effect dominates
Explanation:
Income effect refers to change in the real i.e inflation adjusted income when prices change.
In the given case, Joe works at two jobs which means that for a greater income he is willing to work for more hours. Thus, in his case it can be said that income effect is prominent.
In the case of Adam, he works overtime regularly which means for every extra hour of work, he earns an extra income. This represents change in the relative income owing to change in working habits. This is a case of substitution effect.
