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Fantom [35]
3 years ago
11

What is the point called where the supply curve and the demand curve meet?

Business
1 answer:
disa [49]3 years ago
3 0

Answer:

I would have to say, C Supply is how much of an item you have and demand is how much demand you have

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The Guitar Shoppe reports the following sales forecast: August, $110,000; September, $190,000. Total sales includes 30% cash sal
Snezhnost [94]

Answer:

The correct answer is $117,500

Explanation:

According to the scenario, the given data are as follows:

Sales for august = $110,000

Sales for September = $190,000

So, we can calculate the September cash receipts by using following formula:

Cash receipt from August = $110,000 × 55% = $60,500

Cash receipt from September = $190,000 × 30% = $57,000

Total cash receipt for September = Cash receipt from August + Cash receipt from September

= $60,500 + $57,000

= $117,500

4 0
3 years ago
Brinker accepts all major bank credit cards, including First Savings Bank's, which assesses a 4% charge on sales for using its c
eduard

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr $6,240

Credit card expense A/c Dr $260            ($6,500 × 4%)

            To Sales A/c $6,500

(Being the deposit is recorded)

For recording the deposit, we debited the cash account, credit card expense and credited the sales account so that the proper posting can be done.

0 0
3 years ago
All of the following are advantages of having a savings account except
expeople1 [14]

Answer:

Funds held in a savings account are highly liquid

Explanation:

The purpose of a savings account is the assist a customer achieve their saving objectives. A savings account is a secure way of accumulating funds for an intended purpose or keeping money that does not have immediate use.  

Financial institutions that offer savings account limit on withdrawals to help a customer achieve planned saving objective. It means money saved is not accessible at will. Penalties apply should a customer insists on more than the acceptable number of withdrawals.

5 0
2 years ago
A disadvantage of home ownership includes which of the following?
jekas [21]
Less mobile because the house has to be sold in order to move to another location
8 0
3 years ago
Which of the following statements is not accurate descriptions of the business market? Mrs. Phillip, a retail buyer for Blooming
Natali [406]

Answer:

Mrs. Phillip, a retail buyer for Bloomingdale's, does all the shopping for her family at the same store.

Explanation:

The business market is the market where you can sell your product and services to the other businesses so it can be used as a raw material for the other business in order to manufacture the products. And, the other reason is to purchased the products and resell them.

So based on the given statements, the first option is considered as in the remaining statements there are business transactions but in this only one person i.e. retail buyer is considered

8 0
3 years ago
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