Answer:
The correct answer is: increase; not change; option ii.
Explanation:
An increase in the cost of production would lead to an increase in the price of rollerball pens, this will cause the quantity demanded to decrease. This decline in the quantity demanded will be indicated by an upward movement on the same demand curve. There will be no shift in the demand curve.
As the price of rollerball pens will increase, the consumers will prefer the cheaper substitute. This will cause an increase in the demand for ball-point pens.
The rollerball pens and ball-point pens are substitute. This means that they can be used in place of each other.
Answer:
$ 701,000
Explanation:
Balance At December 31, 2019 = $878,000
$168,000 will be deducted since these are not due to be received until January 2nd as well as $9,000 will also be deducted
$878,000 - $168,000 - $9,000 = $ 701,000
Answer:
Latinmore made money on the exchange rate movement. It was an exchange rate gain of $369,566. The marginal tax impact was $147,826.
Explanation:
Since the standard practice in accounting is to reflect the current situation of the company, any change in the exchange rate that affects the assets of the company abroad must be recognized. The financial income of exchange gains are registered in the Income Statement and affects the base to pay income tax.
Answer:
Just in time inventory system
Explanation:
Just in time inventory system is on that ensures that the amount of a product needed is available to the consumer and no more is stockpiled.
For this inventory style to be successful the business will need to forecast accurately the demand of customers.
Just in time inventory system is aimed at increasing efficiency and reducing cost such as storage cost.
There is little or no delay time and idle-in process and finished goods inventory
The basic formula of the Malthus Theorem is "population grows geometrically while food supply grows arithmetically." The theorem was formulated by the mathematician and economist named Thomas Rober Malthus as stated in his famous book " <span>Essay on the Principle of Population."</span>
