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3 years ago

Consider the following cases.

Business

1 answer:

Alexxandr [17]3 years ago

3 0

Answer:

a. substitutes

b.increase

c. Complements

d. falls

Explanation:

A substitute or substitute good is a product or service that can be easily replaced with another. In other words, its a product or services a consumer sees as the same or similar to another product.

Due to a fall in price of any commodity, the demand for such commodity is going to increase.

A Complementary good is a good whose use is related to the use of an associated or paired good. Two goods are complementary if using more of good A requires the use of more of good B

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3 years ago

Doyle Company issued $360,000 of 10-year, 8 percent bonds on January 1, Year 2. The bonds were issued at face value. Interest is

Lina20 [59]

Answer:

The balance of the equation at end of year 2 is$388,800

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Explanation:

Assets =Liabilities +shareholders' equity

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3 years ago

Calculate the value of total production for 2020 valued at the base year. Sugar per kg 1 Shirt Petrol per liter Base year: Price

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The value of general production for 2020 is worth the bottom year: unfastened, granulated white sugar sold in 33-eighty oz. packages, irrespective of packaging type. Excludes brown sugar and synthetic sweeteners."

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1 year ago

gen-tech sells merchandise on account for $4,000 to acorn company with credit terms of 2/10, n/30. within the discount period, a

pickupchik [31]

Within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account

Using this formula

Check amount=(Merchandise sold- Merchandise return)- [(Merchandise sold- Merchandise return)× Discount]

Where:

Merchandise sold=$4,000

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Discount=2%

Let plug in the formula

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Check amount=$3,500-($3,500×2%)

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Inconclusion within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account.

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