Answer:
It will affect the accounting equation in $7.000.
Explanation:
The Assets will increase in $8.000 because Address You now have the right to claim to a customer $8.000 and is recognized in the Receivables. At the same time, Address You has to diminish its inventories at $1.000, because it delivered the dress to the customer. Finally, on the other hand, the profits for selling the dress ($8.000 - $1.000) affect the equity, and now the Accounting equation is balanced.
Available Options:
He could try to save more money.
He could get a student loan for the extra amount he
needs.
TO He could apply for a scholarship
He could ask his friends to loan him money.
He could ask his family to contribute.
Answer:
All of the above
Explanation:
The best option is to be self reliant which means that Justin must apply for scholarships, save money now and during the program execution and if still there are any expenses due then he can ask his family to contribute to meet his exense and still if there are unpaid expenses then he can borrow from his friends if he thinks that he can repay the loan to his friends in the mutually agreed time. If Justin can not pay its amount borrowed then he must consider long term loan option to fund his studies.
The order of finance is given as under:
- Save Money
- Scholarship
- Ask his Family
- Loan from Friend
- Long term Loan
Answer:
Option D. Any of the above.
Explanation:
The reason is that the contract is not formed until the both parties don't agree on the terms and conditions of the contract which includes:
- New terms and conditions because as we know the business environment is consistently changing like inflation changes, etc (Option A).
- The acceptance is always required for the contract formation (Option B).
- Additional clauses of the contract are new clauses and acceptance is required for these to form a contract (Option C).
So all of the options can alter the contract existence. So the right answer is option D.
If the marginal product for that employee is greater than for the previous employee hired, it must be that there are gains from specialization
<h3>
What is marginal product ?</h3>
- The marginal product or marginal physical productivity of an input (factor of production) in economics, and particularly neoclassical economics, is the change in output that results from using one more unit of a specific input (for example, the change in output when a firm's labor is increased from five to six units), assuming that the quantities of other inputs are kept constant.
- The marginal product is the mathematical derivative of the production function with respect to that input if the output and the input are infinitely divisible, in which case the marginal "units" are infinitesimal.
- When more of one input, such as labor, is used while maintaining a constant level of the other input, such as capital, the marginal product initially rises according to the "rule" of declining marginal returns.
To learn more about marginal product with the given link
brainly.com/question/13623353
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