Answer:
For X-Men, the Sales Discount should be recorded at the estimated discount amount that will be taken by the X-Men's customers, which is calculated as: $1,000 * 2% = $20.
The adjusting for sales discount X-Men should be recorded as followed:
Dr Sales Discount 20
Cr Allowance for Sales Discount 20
( to record the estimated sales discount taken)
in which, Sales Discount is a contra-revenue account which helps to record the Net Sales amount from the Gross Sales amount.
Explanation:
Answer:
While a competitive market determines the equilibrium point by staying in tune with the supply and demand curves, a perfectly competitive market does not have that luxury. A perfectly competitive market must accept the price point and must only decide how much to sell.
Explanation:
Answer: Nether Australia or Europe
Explanation:
Purchasing power parity is a notion that states that prices of the same or similar goods should have the same price across the world after adjusting for exchange rate differences.
If the price of a tall latte in the U.S. is $4,00, it should be the same price in Europe and Australia after exchange rate adjustments.
$4.00 in Euro is: $4.00 in Australian dollars is:
= 4 * 0.8 = 4 * 1.4
= €3.20 = $5.60
Purchasing power parity does not hold in wither countries because the prices of the lattes are not equal to the $4.00 in the U.S. after adjustments for exchange rates.
Answer:
um Speeding.
Tailgating.
Harsh braking or cornering.
Changing lanes erratically.
Jumping red lights
Explanation:
is this ok for u
Answer:
(a) <em>z</em> = 0.53
(b) <em>z</em> -0.67
(c) <em>z</em> = -0.84
(d) <em>z</em> = 0.26
Explanation:
A standard normal distribution has mean 0 and standard deviation 1.
(a)
Compute the value of <em>z</em> for P (<em>Z</em> < <em>z</em>) = 0.70 as follows:
Consider the<em> </em>standard normal table for the value of <em>z.</em>
The value of <em>z</em> is 0.53.
(b)
Compute the value of <em>z</em> for P (<em>Z</em> < <em>z</em>) = 0.25 as follows:
Consider the<em> </em>standard normal table for the value of <em>z.</em>
The value of <em>z</em> is -0.67.
(c)
Compute the value of <em>z</em> for P (<em>Z</em> > <em>z</em>) = 0.20 as follows:
P (Z > z) = 0.20
1 - P (Z < z) = 0.20
P (Z < z) = 0.80
Consider the<em> </em>standard normal table for the value of <em>z.</em>
The value of <em>z</em> is -0.84.
(d)
Compute the value of <em>z</em> for P (<em>Z</em> > <em>z</em>) = 0.60 as follows:
P (Z > z) = 0.60
1 - P (Z < z) = 0.60
P (Z < z) = 0.40
Consider the<em> </em>standard normal table for the value of <em>z.</em>
The value of <em>z</em> is 0.26.