The commodity is an inferior good.
An inferior good is one for which the quantity demanded decreases when the income of the consumer increases, or one for which the quantity demanded increases when the income of the consumer decreases. In contrast, a normal good is one for which the demand increases when the consumer's income increases.
Answer:
Cash provided by operating activities $39,650
Explanation:
The computation of the cash provided by operating activities under the direct method is as follows:
Sales Revenue $30,600
Decrease in Account Receivable $4,600
Interest Revenue $5,600
Increase in Interest Receivable - $1,150
Cash provided by operating activities $39,650
We simply applied the above sequence so that the correct value could come
And, the same is to be considered
Answer:
<em>I can see there are no choices.</em>
Purchase or Lease Stage
Explanation:
The "Hardware Lifecycle" has several stages or phases. These are:<em> Plan, Purchase or Lease, Deploy & Install, Maintenance, Upgrade, Parts & Repair, Extend, Buyback or Trade In and Dispose or Recyle.</em>
The situation above is part of the<em> "Purchase or Lease Stage."</em> This stage <u>allows the person to buy the computer that they wanted.</u> When it comes to the IT hardware, the person can either "Buy" or "Lease." One may choose the second option if he is not yet ready to buy.
So, this explains the answer.
The formula is
I=prt
I interest due ?
P principle 3500
R interest rate 0.05
T time 1 year
I=3,500×0.05×1
I=175
