Answer:
The company must not make any adjustment entries in year x3 since the FOB means "Free on board" and at the moment the buyer delivers the goods at the port of shipment, at that time the risks of loss or damage of merchandise are transferred to the buyer from the seller
When this happens, the sale is made since the seller no longer owns the merchandise.
n this case, the seller does not own the merchandise since December 28 and has already made the corresponding records. so he should not make any adjustments.
Answer:
$0.45
Explanation:
Given the following :
At a unit price of $0.5 :
Quantity sold = 1000 and price elasticity of demand = 2. If quantity sold is to increase to 1200, new price of pencils equals ;
Price elasticity of demand :
(% change in quantity demanded / percentage change in price)
% change in quantity demanded equals :
[(1200 - 1000) / 1000] * 100
(200/1000) * 100
0.2 * 100 = 20%
Therefore ;
Price elasticity of demand :
(% change in quantity demanded / percentage change in price)
(2 = 20% / % change in price)
% Change in price * 2 = 20%
% change in price = 20% / 2
% change in price = 10%
Old price = $0.5
Since quantity demanded increases, then the price of pencil has decreased
10% decrease in old price
10% of $0.5
(10/100) * $0.5
0.1 * 0.5 = $0.05
New price = $0.5 - $0.05
New price = $0.45
Answer:
communal culture
Explanation:
Communal environment or culture can be defined as a form of organisational culture under which workers are polite to each other as everyone thinks alike. Unique styles of cultures –the amount of different communities that a company may aspire for is virtually infinite in some sectors than in others.
A group culture may create a sense of ownership to its representatives, and is also mission-driven. Representatives of this party are typically very enthusiastic and inspiring. The negative aspect is they are too often dominant and representatives are barely vocal.
A. Those Are the production model factors
Answer:
E) not changed either M1 or M2.
Explanation:
M1 includes bills and coins in circulation, checking accounts, travelers' checks and other checkable deposits.
M2 includes M1 + savings accounts, certificates of deposits and money market funds.
Since Susan received $200 in cash (included in M1) and deposited the money in her checking account (also included in M1), neither M1 nor M2 is modified.