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Arturiano [62]
3 years ago
13

If the price of good A decreases by 10 percent and the quantity demanded of good B increases by 10 percent, this is evidence tha

t goods A and B are :
a. substitute goods
b. complement goods
c. inferior goods
d. normal goods
e. not related
Business
1 answer:
Lostsunrise [7]3 years ago
6 0

Answer:

b. complement goods

Explanation:

Complement goods -

These are the type of goods , that are related to each other in a certain manner , is referred to as complement goods.

These type of good are also referred to as paired goods or associated goods .

In case of complement goods , if a person buys first good , then he might require the second good too.

These goods can even alters the prices of each other .

For example ,

people buying a CD player , need to buy the corresponding CD too , and hence ,

CD player and CD are complement goods.

Hence , from the given scenario of the question,

The correct option is b. complement goods .

A complementary good is a good whose use is related to the use of an associated or paired good. Two goods (A and B) are complementary if using more of good A requires the use of more of good B.

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A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's una
ollegr [7]

Answer:

Bad debt expense A/c Dr  $4,900

           To Allowance for doubtful debts  $4,900

(Being bad debt expense is recorded)

Explanation:

The journal entry is shown below;

Bad debt expense A/c Dr  $4,900

           To Allowance for doubtful debts  $4,900

(Being bad debt expense is recorded)

The computation of the bad debt expense is shown below:

= Net Credit sales × estimated percentage given  - credit balance of allowance for doubtful debts

= $920,000 × 0.6%  - $620

= $5,520 - $620

= $4,900

6 0
3 years ago
Anna Elleson has just opened her plumbing business in a small industrial park located within the boundaries of the city of Tempe
Nuetrik [128]

Answer:

For this situation, Answer will be (A).

Enforceable as  private law.

Explanation:

  • Private Law: it is the branch of law in which the relationship between a person or an institution or a government explained.
  • Enforceable law: Enforceable means able to be enforced.                               A right or province can be enforced if a individual who is bound by an act may be forced or ordered to execute with the law process. To put it another way, enforceable is an action that can be effective.

7 0
3 years ago
Imprudential, Inc., has an unfunded pension liability of $750 million that must be paid in 17 years. To assess the value of the
Lana71 [14]

Answer:

$202,701,713.58

Explanation:

Present value of this liability = Value of liability / ((1+r)^t)

Present value of this liability = $750 million / ((1+0.08)^17)

Present value of this liability = $750 million / (1.08)^17

Present value of this liability = $750 million / 3.7000180548

Present value of this liability = $202,701,713.5840815

Present value of this liability = $202,701,713.58

6 0
3 years ago
A Moving to another question will save this response.
Yuri [45]

Based on the question above, the correct answer goes thus:

  • 2. a and b and cand d

<h3>Chart</h3>

  • A chart is a graphical representation for data visualization, in which the data is represented by symbols, such as bars in a bar chart, lines in a line chart, or slices in a pie chart.

  • It can show tabular numeric data, functions or some kinds of quality structure and provides different information.

In conclusion,we can conclude that a chart can show, Comparison, Distribution, Composition and Relationship.

Learn more about Chart here: brainly.com/question/14323743

5 0
2 years ago
Which job in the Finance career would be best for someone who had knowledge of banking and credit systems and the ability to rep
kramer
My answer is A) ACCOUNTS CLERK.

The job of an accounts or accounting clerk is very repetitive.

These tasks are:
1) V<span>erifying the accuracy of invoices and other accounting documents/records.
2) Updating and maintaining accounting journals, ledgers and other records that details financial business transactions 
3) Entering data into the computer system using defined computer programs
4) Compiling data and preparing a various of reports.
5) Reconciling records with internal company employees and management, or external vendors or customers.
6) </span>Investigating questionable data and r<span>ecommending actions to resolve discrepancies.

</span>
6 0
3 years ago
Read 2 more answers
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