1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kenny6666 [7]
3 years ago
12

The sticky-wage theory of the short-run aggregate supply curve says that when the price level is lower than expected, production

Business
1 answer:
wel3 years ago
8 0
Dont be slow like malasses
You might be interested in
Candle Stix estimates that 2% of the $100,000 balance in accounts receivable is uncollectible. Prior to year-end adjusting entri
Mnenie [13.5K]

Answer:

$97,600

Explanation:

First, we need to get the value for uncollectible in accounts receivable

= 2% Multiplied by balance in accounts receivable as uncollectible

= 2% × 100,000

= $2,000

We will then subtract the balance above which is the uncollectible from the accounts receivable

= $100,000 - $2,000

= $98,000

The net realizable value would the be ;

= $98,000 - $400

= $97,600

8 0
3 years ago
If the demand for product x is inelastic, a 4 percent decrease in the price of x will.
NeTakaya

A 4 percent decrease in the price will lead to an increase in the quantity demanded by less than 4 percent.

<h3>What is demand?</h3>

Demand simply means the amount of goods and services that a buyer wants to buy at a particular price and time.

When the demand for product x is inelastic, a 4 percent decrease in the price of x will lead to an increase in the quantity demanded by less than 4 percent.

Learn more about demand on:

brainly.com/question/1245771

3 0
2 years ago
On January 1, 2014, Dodd, Inc., declared a 15% stock dividend on its common stock when the fair value of the common stock was $3
jeka94

Answer: $540,000

Explanation:

Given that,

Fair value of the common stock = $30 per share

Common stock, $10 par value, authorized 200,000 shares;

issued and outstanding 120,000 shares  = $1,200,000

Additional paid-in capital on common stock  = $150,000

Retained earnings  = $700,000

Total stockholders' equity  = $2,050,000

Declared a dividend of 15%:

=  120,000 × $30 × 15%

= $540,000

Since, dividends are paid out Retained earnings. Therefore, retained earnings will decrease by an amount of $540,000.

7 0
3 years ago
If houston company billed a client for $18,000 of consulting work completed , the accounts receivable asset increases by $18,000
Pavlova-9 [17]
The answer is

Revenues increases by 18000
7 0
3 years ago
On January 1, JC Co. accepted a 60-day, 6%, note in the amount of $10,000 from a customer. On March 2, the due date of the note,
sammy [17]

Answer:

Cash account in the amount of $10,100

Explanation:

The journal entry to be recorded for the receipt of payment is as:

Cash A/c.............................................Dr $10,100

        Note receivable A/c...................Cr  $10,000

        Interest Revenue A/c..................Cr  $100

Being recoded the receipt of payment

As payment is received so asset is increasing and any increase in asset is debited. Therefore, cash account is debited. And the note receivable got decrease will be credited and the interest revenue is also credited.

Computation of interest revenue is as:

Interest revenue = Amount × % of note × Days / Number of days in a year

= $10,000 × 6% × 60 / 360

= $100

Note: Assume 360 days in a year

3 0
3 years ago
Other questions:
  • Select the examples that best represent Architecture and Construction customers. Check all that apply. a supermarket company tha
    7·2 answers
  • Which type of service specializes in providing advisory services to clients instead of the traditional transaction-based, commis
    10·1 answer
  • How does corruption limit investment and economic growth? Instructions: In order to receive full credit, you must make a selecti
    12·1 answer
  • If all other factors are equal, what will happen to the supply of a product if the price goes up?
    12·2 answers
  • Energy is carried to earth in
    5·2 answers
  • Dots sells T-shirts for $2 and shorts for $3. In April, total sales were $576. People bought 3 times as many T-shirts as shorts.
    8·1 answer
  • Assume France and Mali can both produce grain and dates, and that the only limited resource is the farming labor force, meaning
    5·1 answer
  • A company is considering investing in a new machine that requires an initial investment of $43,158. The machine will generate an
    13·1 answer
  • According to experienced exporters, what is the only effective way to select a middleman?
    9·1 answer
  • The following accounts have normal credit balances? a. liabilities b. revenues c. assets d. all of the listed accounts have a no
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!