Answer:
Substitute Effect
Explanation:
When a product's price increases, it becomes relatively expensive compared to its alternatives. The high price will encourage consumers to choose other goods that are relatively cheaper. Consequently, the price increase reduces the demand for the product while increases the demand for its substitutes.
The substitution effect describes how consumption is affected by an increase or a decrease in a product's price.
Answer:
The correct answer is D. A promise in a contract with a customer to transfer a good or service to the customer.
Explanation:
Performance obligations are those that the entity undertakes to carry out in the contract established with a client, performance obligations are related to the deliverables established or agreed upon in a contractual manner.
At the start of the contract, the entity must evaluate the goods or services promised in a contract with a customer and must consider as a performance obligation each commitment to transfer to the customer a good or service (or a group of different goods and services) or a series of different goods or services that are substantially the same and that have the same pattern of transfer to the client.
Answer:
<em>The adjustment for overapplied overhead </em><em><u>decreases cost of goods sold and increases</u></em><em> </em><em>net income</em>
Answer:
$46.31
Explanation:
Calculation to determine the current share price
Using this formula
Current share price=6.5*Present value of annuity factor(9.1%,12)
Present value of annuity=Annuity*[1-(1+interest rate)^-time period]/rate
Let plug in the formula
Current share price=6.5*[1-(1+0.091)^-12]/0.091
Current share price=6.5*[1-(1.091)^-12]/0.091
Current share price=6.5*7.124793
Current share price=$46.31
Therefore the current share price will be $46.31
A hanging wall is a block of crust that is located above a fault plane hint for identification if a person were able to sand on the fault plane they could hang on to the hanging wall fault blocks. represent blocks of Earth crust
