Nothing. The sentence is fine as it is.
Answer:
The correct answer is letter "A": in both statements I and II.
Explanation:
(I) According to the demand law, <em>if the price of tea increases the quantity demanded of tea will decrease</em>. If the price of tea decreases, the quantity demanded of tea will increase. Quantity demanded and the price has an inversely proportional relationship in the demand law.
(II) When talking about complementary goods like tea and sugar, <em>if the price of tea increases will result in a negative movement along the demand curve of tea and will cause the demand curve of sugar to move inwards. In such a scenario, the demand for each good will be reduced.</em>
Answer:
Total FV= $46,008.31
Explanation:
Giving the following information:
Deposit 1= $12,000
Deposit 2= $15,000
Deposit 3= $10,000
Interest rate= 0.055
<u>To calculate the future value, we need to use the following formula on each deposit:</u>
FV= PV*(1+i)^n
FV1= 12,000*(1.055^5)= 15,683.53
FV2= 15,000*(1.055^4)= 18,582.37
FV3= 10,000*(1.055^3)= 11,742.41
Total FV= $46,008.31
Answer:
$16.00
Explanation:
Predetermined manufacturing overhead rate = Budgeted Overheads ÷ Budgeted Activity
therefore,
Predetermined manufacturing overhead rate = $32,320 ÷ 2,020
= $16.00
Applied overheads = Predetermined manufacturing overhead rate x Actual activity
therefore,
Applied overheads = $16.00 x 2,410 = $38,560
Conclusion :
Under-applied overheads = $72,200 - $38,560
= $33,640
the predetermined manufacturing overhead rate per direct labor hour for the year is $16.00
Answer: the one that is false is A. Emergency plans ensure that all resources can be obtained through internal sources within the jurisdiction.