Answer:
P = 380
Explanation:
At equilibrium, we have:
Qs = Qd
Since Qs = 1,050 and Qd = 2,000 – 2.5P, we therefore have:
1,050 = 2,000 – 2.5P
We now proceed to rearrange and solve for P as follows:
1,050 - 2000 + 2.5P = 0
2.5P = 2,000 - 1,050
2.5P = 950
P = 950 / 2.5 = 950 ÷ 2.5
P = 380
Therefore, the equilibrium price 'P' is equal to 380.
The best strategy which a person should use when interacting with a customer who has a rational style and keeps communication brief is:
- Ask open-ended questions to obtain information.
<h3>What is Communication?</h3>
This refers to the exchange of information between two or more people where feedback is given through a medium.
With this in mind, we can note that because the customer has a rational style and communicates in a straightforward manner, then the best strategy would be to ask open-ended questions to obtain information.
Read more about communication here:
brainly.com/question/26152499
Answer: Please see below for answer
Explanation: To calculate dividends, we use the formulae
Dividend =(Number of shares issued -treasury stock held) x Dividend per share =
where number of shares issued = $18,000
treasury stock held = 6000 shares
Imputing the values in formulae becomes
($18,000 - $6000) x 0.80 = 12,000 x 0.80 = $9,600
Journal entry to record declaration of dividends of Capstone Inc.
Account Debit Credit
Dividend $9,600
Dividend payable $9,600