Answer:
b. decrease in the demand for the good.
Explanation:
An inferior good is a good whose demand falls when income increases and rises when income decreases.
A decrease in demand would lead to a leftward shift of the demand curve.
Inferior goods contrasts to a normal good. A normal good is a good whose demand increases when income rises and falls when income reduces.
Only a change in the price of a good leads to movement along the demand curve for that good.
I hope my answer helps you
Answer:
Step E -- Update the menu to include nutritional value of each smoothie.
In what order should you take these steps?
Step D -- Revamp company signage to attract customer interest.
Step A - Reformulate our smoothie recipes with all natural/organic ingredients.
Step B -- Partner with the Obesity Action Coalition and the American Diabetes Association.
Step C -- Learn more about the ingredients our company uses in smoothies and see how they affect diabetes and obesity.
Explanation:
An excess supply of workers is particularly harmful to employees working in industries with low barriers to entry for new employees—that is, those with jobs that don’t require a degree or any specialized training.
<h3>What is
specialized training?</h3>
Specialized Training refers to training provided by the Company to Executive that is unique to its business and improves Executive's ability to perform work duties successfully.
"Specialized training" refers to advanced training in a health professions specialization obtained in an accredited school that goes beyond the basic education required for appointment as a commissioned officer with a health professional designation.
Specialized skills are specific qualities or abilities that you possess that qualify you for a profession. They may be directly related to the employment, such as technical or practical abilities, or they may have a broader purpose that makes them helpful in a variety of settings.
To know more about specialized training follow the link:
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Answer:
b. $307,000
Explanation:
Costs to be accounted in cost reconciliation report = Opening balance of work in process + Cost of production added during the month
= $24,000 + $283,000
= $307,000
Cost reconciliation report shows what costs need to be accounted for in a month and the manner in which they are actually accounted for.
It is a step in preparation of production report which shows how beginning work in process inventory and the costs which are added to production during the period are recorded.
Hence in cost reconciliation report pertaining to the month of Aug, opening work in process and costs added to production during the month are recorded.
Answer:
1.
December 15 2016
Dr Retained Earnings 51,310
Cr Dividend Payable - Preferred stock 2,560
Cr Dividend Payable - Common stock 48,750
(to record dividend declaration by Frenchroast Company)
2.
January 4, 2017
Dr Dividend Payable - Preferred stock 2,560
Dr Dividend Payable - Common stock 48,750
Cr Cash 51,310
( to record cash dividend payment Frenchroast Company)
Explanation:
Working notes:
For entry in December 15,2016:
Preferred stock dividend = 2% * par value = 2% * 128,000 = $2,560.
Common stock dividend = dividend per share * number of shares outstanding = 0.75 * 65,000 = $48,750.