Answer:
Explanation:
Demand in business is the desire of consumers to purchase goods and services at the given prices.
 
        
                    
             
        
        
        
Answer:a credit to  Interest revenue for $200
Explanation:
 Interest =  Principal x rate x time ( period )
= $10,000 x 6% x 120/360
=$200
      Account titles and explanation               Debit	Credit  
                        Cash                                $10,200  
     Note receivable                                          $10,000  
     Interest revenue                                           $200
 Therefore, The journal entry that Teal would make to record payment of this note would include a credit to  Interest revenue for $200
 
        
             
        
        
        
Answer:
a. budget constraint intersects the vertical axis at 25 beers.
Explanation:
A budget constraint shows all the combinations that a consumer might purchase of two given products or services. The total consumption can be represented by a consumption possibilities frontier curve:
- originally you could purchase 50 beers or 5 hot wings
- then as the price of beer increases to $2, you can only buy 25 beers or 5 hot wings
 
        
             
        
        
        
Answer:
own their own accounting business 
 
        
             
        
        
        
Answer:
A
B
C
D
Explanation:
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold
Weighted average cost method calculates the cost of goods sold as the weighted average of cost of inventory
In periods of rising prices, later purchased goods would have a higher price. As a result, LIFO would report a lower net income while companies using FIFO would report the highest gross profit and net income.
Because of the high net income reported under FIFO, tax paid would be the highest too