Answer:
0.5
Explanation:
Marginal propensity to consume is the proportion of the increase in disposable income spent on consumption.
Marginal propensity to consume = change in consumption/ increase in disposable income
$500 / $1000 = 0.5
I hope my answer helps you
Answer:
Which of the following transactions are examples of prepayments that will require an adjustment at the end of the accounting period on December 31? (Select all that apply.)
B. A company pays a 6-month insurance premium at the beginning of October.
D. A company pays for 4 months of advertising in the Wall Street Journal on November 1.
Explanation:
B. A company pays a 6-month insurance premium at the beginning of October.
Record expenses for 3 months. Oct-nov-dec. Otrher 3 months are prepaid expenses.
D. A company pays for 4 months of advertising in the Wall Street Journal on November 1.
Record expenses for 2 months. Nov-Dec. Other 2 months are prepaid expenses.
The answer is during the period of inventory valuation. It is
the cost linked with an entity’s inventory at every end of the accounting
period. The FIFO method means first in, first out technique which undertakes
that the first product that was obtained are also the first ones to be retailed
or sold.
The erp application is stored on the business logic tier in tiered architecture.
<h3>What is an
erp application?</h3>
Also called a Enterprise resource planning software, involves the use of software, technologies and systems to manage and integrate their core business processes.
As the tiered architecture is concerned, the erp application is stored on the business logic tier.
Read more about erp application
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