Answer:
UNDERSTANDS THE CONCEPT OF REVERSIBILITY
Explanation:
Within thermodynamics, a reversal system refers to the process whose path can be restored to its old location by causing infinitesimal adjustments in any properties of the mechanism through its own surroundings. The mechanism is in thermal equilibrium because of its environment during the whole reversible cycle.
This makes no shift either in the process or the environment after being reversed. Since stopping the reversible cycle will take an endless amount of time, completely reversible systems are unlikely. Thus, from the above we can conclude that Eric's actions are demonstrating that he understands the concept of reversibility.
The process that individuals or groups go through to select, purchase, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and desires is known as Consumer Behavior.
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Explanation</u>
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The process that deals with the study of how the individuals and the organisations selects, purchases and uses and disposes the goods and services is the consumer behavior. These are done for the satisfaction of their wants and needs. The main thing that is associated with the consumer behavior is the motivation and psychology of the purchasing person.
It deals with the activities of the consumers in purchasing a particular product or services and the motivations that is responsible for that selection of the product. The consumer behaviors can be classified as habitual buying,complex buying variety-seeking buying and dissonance-reducing buying.
Answer:
the options are missing, so I looked for them:
- The same as the carrying amount at January 1, 2017.
- Higher than the carrying amount at December 31, 2017.
- The same as the carrying amount at December 31, 2017
- Lower than the carrying amount at December 31, 2017.
The correct option is 2. Higher than the carrying amount at December 31, 2017.
Explanation:
When a company issues a bond at a discount the journal entry should be:
Dr Cash
Cr Bonds payable
Cr Discount on bonds payable
As time goes on, the discount on bonds payable is amortized increasing total interest expense, but also increasing the bonds carrying value.
<span>Consumption and production are the answers if a Country specializes in production and Trade. These are intertwined with each other just like salt and pepper, very different yet always used together, The words day and night are another example.</span>
Answer:
$30,000 decrease in the net income of Fletcher Inc.
Explanation:
Product G contribution margin = Sales - Variable cost = $210,000 - $180,000 = $30,000.
Since the discontinuance would have no effect on the total fixed costs and expenses or on the sales of Products F and H, that means the fixed cost of $50,000 on product G will continue to be incurred while Product G contribution margin of $30,000 which is currently being contributed to the net income will be lost.
Therefore, the amount of change in net income for the current year that will result from the discontinuance of Product G is a $30,000 decrease in the net income of Fletcher Inc.