Answer: The correct answer is "Material losses resulting from correction of errors related to prior periods.".
Explanation: It is generally established that the type of loss that is excluded from the determination of net income in the income statement are the material losses resulting from transactions in the company's investments account.
Answer:
Price of One Bush is $ 23
Explanation:
Suppose
bushes = B
trees = T
According to given condition:
13B + 4T = 487 (Eq: 1)
6B + 2T = 232 (Eq: 2)
Multiplying (Eq: 2) by 2
12B + 4T = 464 (Eq: 3)
Substractign (Eq: 3) from (Eq: 1)
13B + 4T - (12B + 4T) = 487 - 464
13B + 4T - 12B - 4T = 23
B = 23
By putting value of B in (Eq: 1)
(13 x 23) + 4T = 487
299 + 4T = 487
4T = 487 - 299
4T = 188
T = 188 / 4
T = 47
Price of One Bush = B = 23
Answer:
C) there was an offer, acceptance, and consideration
Explanation:
The doctrine of promissory estoppel requires that the following 5 elements must exist:
- The parties must anticipate that some type of legal relationship will exist between them.
- One party must have made a promise to another party.
- One party must rely on the promise made by the other party.
- The party that relied on the promise made by the other party must suffer a detriment if the promise is not fulfilled.
- Unconscionability
, in other words, there is nothing that forbids the party from performing the promise.
Answer:
425,000
Explanation:
I'm not sure I just added the two together?
Answer:
6.45 and luxury good
Explanation:
The computation of the income elasticity of demand using the mid point formula is shown below:
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in income ÷ average of income)
where,
Change in quantity demanded is
= Q2 - Q1
= 5 - 3
= 2
And, average of quantity demanded is
= (5 + 3) ÷ 2
= 4
Change in income is
= P2 - P1
= $33,500 - $31,000
= $2,500
And, average of price would be
= ($33,500 + $31,000) ÷ 2
= $32,250
So, after solving this, the income elasticity of demand is 6.45 and it represent the luxury good as it is greater than one