Answer:
the Consumer Price Index is rising
Explanation:
The CPI measures the rate of inflation, which is one of the greatest threats to a healthy economy. Inflation eats away at your standard of living if your income doesn't keep pace with rising prices—your cost of living increases over time. A high inflation rate can hurt the economy.
Answer:
placing cursor on desired data and clicking "Filter by selection"
right-clicking and choosing "Sort A to Z"
Explanation:
The data can be filtered according to user requirements. There are several options to sort and filter data. The user can filter data according to different groups. He can sort the data according to ascending and descending.
Answer:
Explanation:
The journal entries are shown below:
On March 12:
Accounts receivable A/c Dr $11,000
To Service revenue A/c $11,000
(Being the revenue is recorded)
On March 31:
Cash A/c Dr $11,000
To Accounts receivable A/c $11,000
(Being cash collection is recorded)
We do not consider the sales discount. Hence, ignored it
Answer:
a. $28
b. $19
c. 800 watches
Explanation:
The equation is
p = D(q) = 28 - 2.25
The equation of the demand would be
P = 28 - 2.25q
a. The price would be
= $28 - 2.25 × 0
= $28 - 0
= $28
b. The price would be
= $28 - 2.25 × 4
= $28 - 9
= $19
The quantity demanded is come in hundreds so we take only 4
c. The quantity woul dbe
$10 = $28 - 2.25q
$10 - $28 = -$2.25q
-$18 = -$2.25q
So q would be
= 800 watches
Answer:
C. $3,500
Explanation:
The formula for a straight-line method of depreciation is provided below:
annual depreciation charge=(cost-salvage value)/useful life
cost of the new truck=$42,000
salvage value=$0
useful life=7 years
depreciation=($42,000-$0)/7=$6,000( same as given in the question)
The truck was used for 7 months in the first year ended, from June 1 2019 to December 31 2019
Depreciation for the first year=$6000*7/12=$3,500
