Answer:
The answer is: b
Explanation:
At equilibrium the quantity of oil supplied is equal to the quantity of oil demanded at the equilibrium price. In summer, two events will occur which will trigger a move from equilibrium.
- A decrease in the supply of oil
Holding all else constant, a leftward shift in the supply curve leads to higher oil prices and lower quantities of oil.
- An increase in the demand for oil
Holding all else constant, a rightward shift in the demand curve leads to higher oil prices and higher quantities of oil.
In both scenarios, the shifts will result in higher oil prices but the change in quantity is ambiguous.
Answer: Legitimate
Explanation:
Legitimate power is one of the type of formal power that is specifically used in an organization where the high position manager control the lower position employee in the company hierarchy.
According to the given question, the legitimate power is mainly exercised for influenced the power recipient as the other sub-ordinates believed in legitimacy in the position. The legitimate power is basically derived from the status, position and the job position in an organization.
Therefore, Legitimate is the correct answer.
Answer:
Sooner Company
Trial Balance
For the month ended April 30, 202x
Debit Credit
Cash $2,600
Accounts Receivable $4,800
Prepaid Rent $6,100
Land $47,000
Accounts Payable $3,000
Deferred Revenue $1,650
Common Stock $27,000
Retained Earnings $19,750
Service Revenue $24,100
Salaries Expense $6,900
Supplies Expense $8,100
Totals $75,500 $75,000
When you are preparing a trial balance, you must report the accounts with their normal balances, e.g. assets have a normal debit balance while equity has a normal credit balance.
The building of factories and investing in facilities for extraction of natural resources is called direct foreign investment.
Manufactured items are used to provide other items and services,called capital items. A nondurable exact lasts for much less than five years whilst sued on a regular foundation. the paradox of price takes place when some requirements have little fee, while a few non-necessities have a much higher price.
Natural resources are resources which might be drawn from nature and used with few modifications. This consists of the resources of valued characteristics which include industrial and business use, aesthetic price, scientific hobby and cultural cost. on earth, it consists of daylight, ecosystem, water, land, all minerals together with all vegetation, and flora and fauna.
Learn more about natural resources here:- brainly.com/question/24514288
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Answer: the correct answer is $210,000. The months is which the service was given were June, July, August, September, October, Nevember, December. The total service is $360,000 which means it is $30,000 monthly. (360,000 divided by 12). $30,000 times 7 months is $210,000.
Explanation: If a company is using the accrual basis accounting method it has to record its earned revenue when services are rendered, even though cash may be received at a later date..
