<span>During an economic recession when the income of consumers has decreased, the BP station (an all gas stations) will see a leftward shift in the demand curve. This will result in gas stations having to lower their prices. If they don't lower their prices, they will have a glut of gasoline that they can't sell.</span>
Answer:
I like to go to learn driving everyday. I love driving car and go to mountains. I have a dream to have my own car and then go for long drives near the sea coast.
Explanation:
1. The decision to make is to buy a car to fulfill the hobby.
2. The main objective is to enjoy the favorite activity and pleased by the beauty of mountains and sea.
3. The main constraints are financial constraint. Money is required to buy a car and then fulfill the dream.
The correct answer is E; job structure and pay level.
Further Explanation:
Each company has different jobs and pay for their employees. Many workers start a job at entry level positions and will rise higher in the company the more time they are there.
Each job will pay differently and each job will have different levels of pay. This is how the pay structure is established in large companies. State and Federal government jobs always operate on a pay structure such as this.
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Answer:
A corporation:
C. Is subject to federal income taxes on its earnings, whereas a partnership is not.
Explanation:
The other options fit a partnership more than a corporation. The chief advantages of a corporation over a partnership are the limited liability status of the shareholders of a corporation, which benefits all the shareholders and secondly, the corporation is a separate legal entity from the owners. This second advantage allows professional managers to lead the company. With respect to federal income taxes on the earnings, the corporation is taxed directly on its earnings and shareholders also pay taxes on their income from all sources (unless it is an S-corporation), while partners in a partnership enjoy pass-through taxation of their partnership earnings.
Answer and Explanation:
The journal entry to record the purchase is shown below;
Materials (510 units × $18) $9,180
To Accounts payable $9,180
(To record the purchases)
Here the material is debited as it increased the assets and credited the account payable as it also increased the liabilities
Therefore the above journal entry should be passed
