Information resources are defined as the data and information used by an organization. Examples of information resources are databases with customer purchase information.
Primary literature is where new research or theories are first revealed, and includes journals and conferences.
Secondary literature provides a more digested overview of a subject e.g. books.
Tertiary literature records facts and brief descriptions of key information, as in reference material.
Answer:
3,500 units were completed.
Explanation:
<em>Number of units completed = Opening Work in progress + Addition to production - Closing work in progress
</em>
= 1,200 + 2,800 - 500
= 3,500 units.
Answer:
Explanation:
The journal entries are shown below:
1. Retained earning A/c Dr $1,598 (9,400 million shares × $0.17 per share)
To Dividend payable A/c $1,598
(Being cash dividend declared)
2. Dividend payable A/c Dr $1,598 (9,400 million shares × $0.17 per share)
To Cash A/c $1,598
(Being dividend is paid)
The equilibrium price would decrease, and the effect on equilibrium quantity would be ambiguous.
Explanation:
If demand falls and supply declines, the quantity of balance may decline, and the price of balance can increase, decline, or stay the same. If demand declines and output stays the same, the quantity of balance declines and the price of balance decreases.
Decreased demand and decreased production could contribute to a decrease in the price of balance, but the impact on the quantity of balance can not be calculated.
Consumers often put a lower premium on the product for every amount, so suppliers are able to tolerate a lower demand; thus, the output should decline.
