Answer:
Technical analysts consider the stock market to be strong when volume increases in a rising market and decreases during a declining market. Option B.
Explanation:
The volume indicates the amount of contracts during trading, measuring market activity. Volume, along with open interest, can be used to determine market action and divergence between price direction and volume should be watched closely. In summary, the market is strong if everything is moving in the same direction.
Answer:
Option 4 Analytics
Explanation:
The reason is that business analytics uses the sophisticated patern of available data of the organization on the basis of the past data to make an assessment of the situation and make an informed decisions that benefits most to the company.
So here the company is using trends which include seasonal trends and forecasting techniques to assess the situation and make informed decision based on the data extracted which best alligns with Business analytics.
Answer: Higher price and produce less output.
Explanation:
A monopolist is the only producer of a good in the market or at least wields significant market power. As a result, they can set their own prices without regard for how competitors would react.
This would lead to a situation where the monopoly does not have to be efficient and so will produce less goods than a perfect competition would and in order to make more profit - and because of less efficiency meaning higher costs - they will charge a higher price for output.
Answer:
Journal entries will be as follows;
Explanation:
1.The machine purchased is an asset so machinery a/c will be debited.
The cash used to purchase the machine is an outflow so it's credited on the cash a/c
2. Electricity wiring on the machine is part of the acquisition cost, hence we debit machinery account and the cash paid for that is credited on cash a/c
3. Cost of securing it in place is also an operating cost hence you debit machinery a/c and credit the cash used to pay for it in the cash a/c
<u>Journal entries</u>
1. Machinery account Dr 192,000
Cash account Cr 192,000
2.Machinery account Dr 8,000
Cash account Cr 8,000
3.Machinery account Dr 1,600
Cash account Cr 1,600