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Artemon [7]
3 years ago
9

Because consumers are generally more sensitive to price increases than to price decreases, it is easier to lose current customer

s with a price increase than it is to gain new customers with a price decrease. True or false?
Business
1 answer:
zhannawk [14.2K]3 years ago
7 0

Answer:

True

Explanation:

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On November 23, Elder Lift Corporation, a wholesaler of hydraulic lifts, acquired land in ex- change for 12,500 shares of $25 pa
Georgia [21]

Answer:

Journal Entry to be recorded

DR.    Land                                           $475,000

                 Cr.     Common stock                          $312,500

                 Cr.     Add-in-capital common stock  $162,500

Explanation:

Number of Shares = 12,500 shares

Share Market price = $38

Share Par Value = $25

Total value of property to be recorded= 12,500 x $38 = $475,000

Common stock value at par = 12,500 x $25 = $312,500

Add-in-Capital common stock value = $475,000 - $312,500 = $162,500

Property will be recorded as the total value of exchange which is $475,000. On other other hand the common stock value will be recorded in two parts common stock at par value and add-in-capital common stock over par value.

7 0
3 years ago
Virgil wants to emphasize the sheet tabs in his workbook. which command should he choose?
Advocard [28]
Tab Color.........................
4 0
3 years ago
Sharon spent the weekend with her friend amelia. amelia proposed a plan for shoplifting cd's from a local music store. sharon wa
Hatshy [7]
In the given situation, Amelia is wrong. Anyone who is fully aware and  supported any criminal acts is considered a violator of the law. All people who participated in a criminal act is guilty of the crime. 

However, it will only be punishable if there are witnesses and evidence.
8 0
4 years ago
Storyboards are not detailed enough to show human-computer Interface features.
Firdavs [7]

Answer:

False

Explanation:

5 0
4 years ago
3. Why accrue an expense?
statuscvo [17]
Because accrued expenses represent a company's obligation to make future cash payments, they are shown on a company's balance sheet as current liabilities.
8 0
3 years ago
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