Answer:
He would encourage her to cut the cost on her apartment, by choosing a cheaper apartment.
Explanation:
According to the statement in the question, Mariah saved a total of $15,000, and wishes to make a down payment of $10,000 on house alone. $10,000 is approximately 67% of the total savings. From further description of the house, we find out that she has a spare bedroom in her apartment which she will also pay for as part of the house payment but she will not use, and Mariah is single. If $10,000 dollars go into her apartment alone, the balance of $5,000 dollars will be insufficient to pay for the other expense which includes; the cash outflow of $2,800, the contribution to a retirement plan, care and life insurance policies and purchase of furnishings, not to talk of the other bills like groceries, cable, water etc. even with her monthly income of $3,200, she will run into debt. Hence she will be advised to settle in a cheaper apartment.
In the event that Dallas Company bills a client, the account that will increase along with accounts receivable is a<u> Revenue increase </u><u>of </u><u>$10,000. </u>
<h3>Accounts affected </h3>
- Accounts receivable will increase because the client will owe Dallas Company.
- Revenue will increase as well because Dallas Company is earning revenue from the consulting work.
The increase to the Revenue account will be the amount charged for consulting work which is $10,000.
In conclusion, option D is correct.
Find out more on accounting for revenue at brainly.com/question/12115903
Answer:
$307,390
Explanation:
Given that,
Cost of Goods Available:
= Beginning Inventory + Net Purchases
= $140,000 + $658,000
= $798,000
Cost of goods Sold:
= [(100 - Gross profit ratio) ÷ 100] × Sales
= [(100 - 29) ÷ 100] × $691,000
= $490,610
Ending Inventory:
= Cost of goods available - cost of good sold
= $798,000 - $490,610
= $307,390
<span>The price elasticity of demand measures the percentage change in quantity demanded that results from a percentage change in price.
By using this formula you are able to see the response and change in demand, good or bad, when nothing besides the price changes. By measuring this companies can see how many items will sell based on price and if they can lower or raise it depending on demand.
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