Tomatoes are an input in the production of ketchup, and ketchup and mustard are substitutes. An increase in the price of tomatoes will LOWER the total surplus in the market for mustard
Answer:
The qualifications needed for a Logistic Planning and Management career are:
a) research skills and understanding of the product's supply chain
b) critical thinking skills
c) math and reasoning skills
d) knowledge of hazard regulations to provide safety training
Explanation:
Logistic Planning and Management involves planning. Planning requires some level of research skills and understanding of the product's supply chain. Since logistics contribute value and growth to an organization by ensuring availability of production materials, warehousing, and transportation of finished goods, critical thinking is also needed. To determine the best delivery routes and achieve cost-effective packaging of goods, maths and reasoning skills would be deployed. This makes this skill very important. The manager will also need to measure, analyse, and improvise at any time. This requirements calls for math and reasoning skills as well.
Finally, the knowledge of hazard regulations will aid the manager to provide safety training to those involved in logistics handling, including the drivers that would deliver goods to customers.
Yes, because the sale of goods predominates.
Answer and Explanation:
The journal entries are given below:
a. Deferred revenue from gift cards $19,000,000
To sales revenue $19,000,000
(being the sales revenue is recorded)
b.
Cash $12,000,000
To deferred revenue from gift cards $12,000,000
(Being the Receipt of cash from gift cards)
These two entries are to be recorded for the given situation
Answer:
the bonds' current market value = PV of face value + PV of coupon payments
a. The bond has a 6 percent coupon rate.
PV of face value = $1,000 / (1 + 5%)²⁴ = $310.07
PV of coupon payments = 30 x 13.799 (PV annuity factor, 5%, 24 periods) = $413.97
bond's market value = $724.04
b. The bond has a 8 percent coupon rate.
PV of face value = $1,000 / (1 + 5%)²⁴ = $310.07
PV of coupon payments = 40 x 13.799 (PV annuity factor, 5%, 24 periods) = $551.96
bond's market value = $862.03