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guajiro [1.7K]
4 years ago
6

23. What law states that a decrease in price brings about an increase in the quantity demanded?

Business
1 answer:
denis-greek [22]4 years ago
3 0
The law of demand states that, other things remaining the same, if the price of a good rises, the quantity demanded of that good decreases; and if the price of a good falls, the quantity demanded of that good increases.
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Henson Company began the year with retained earnings of $330,000. During the year, the company issued $20,000 of additional comm
kicyunya [14]

Answer:

What was Henson's retained earnings at the end of the year?

$430,000

Explanation:

Begining Retaining earning  330000

Income                          120000

Dividens Paid                  -40000

Additional common stock 20000

End retaining earning          430000

   

Revenue 500000  

Expense  380000  

Income 120000  

3 0
4 years ago
Don executes a will leaving half of his farm to his spouse Elsie and the rest to his sons, Frank and Greg, in equal shares. The
SVETLANKA909090 [29]

Answer:

Don executes a will leaving half of his farm to his spouse Elsie and the rest to his sons, Frank and Greg, in equal shares. The will disinherits a third son, Hal. Don and Elsie divorce, but Don dies before changing his will. Under the Uniform Probate Code:

c. Frank and Greg receive the entire estate in equal shares.

Explanation:

  • Uniform Probate Code is applicable in almost 18 states of the United States that was developed to standardize the laws of wills, trusts, and intestacy.
  • The option a is not correct as Elsie can't get the half of the farm as Don and Elsie were divorced.
  • The option b is also incorrect as Elsie can't get the half of farm as well as Hal will not get the share.
  • The option c is correct as it is in accordance with Uniform Probate Code.
  • The option d is incorrect as state can't inherits the entire estate in the presence of heirs.
6 0
3 years ago
K. Decker, S. Rosen, and E. Toso are forming a partnership. Decker is transferring $45,000 of personal cash to the partnership.
Elis [28]

Answer:

to record Decker's investment:

Dr Cash 45000  

    Cr Decker, Capital 45000

to record Rosen's investment:

Dr Land 10,000  

Dr Building 75,000  

    Cr Rosen, Capital 85,000

to record Toso's investment:

Dr Cash 10,000  

Dr Accounts Receivable 27,000  

Dr Equipment 14,000  

    Cr Allowance for Doubtful Accounts 2,700

    Cr Toso, Capital 48,300

total owners' equity = $178,300

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3 years ago
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Answer: A checklist on how to determine if it's time to get a new pair of eyeglasses

A set of predefined checks can let the customer know if there could be changes in his lens and if its time for another visit to the eye specialist. This would make the customer more happy and lean towards towards your businesses for future needs and make him a loyal customer

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3 years ago
Why do we suffer on the real world
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Our denials to divine nature and lack of appreciation of our connection to all things
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3 years ago
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