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3 years ago

How do compliments and substitutes affect demand ?

1 answer:

5 0

When examining how price and demand changes will affect markets, it is important to consider how various goods are related. We can separate goods into 2 basic types: substitutes and complements. ... When the price increases for one good, the demand for the substitute will increase (assuming that price remains constant).

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On January 1, 2014, Simmons Company sold to Flay Corporation $400,000 of its 10% bonds for $354,118 to yield 12%. Interest is pa

sergeinik [125]

Answer:

$21,322

Explanation:

The computation of the interest expense for the six months ended December 31, 2014 is shown below:

On January 1

The face value of the bond = $400,000

Carrying value of the bond = $354,118

So, unamortized discount is $45,882 ($400,000 - $354,118)

On July 1

The interest expense = $21,247 ($354,118 × 12%) ÷ 2

The interest payment = $20,000 ($400,000 × 10%) ÷ 2

So, the discount amortized is

= $21,247 - $20,00

= $1,247

The face value = $400,000

The unamortized discount is $44,635 ($45,882 - $1,247)

The carrying value of the bond $355,365 ($400,000 - $44,635)

On December 31,2014

The interest expense = $21,322 ($355,365 × 12%) ÷ 2

The interest payment = $20,000 ($400,000 × 10%) ÷ 2

6 0

3 years ago

American political history can be understood as a perennial battle between state power and national power. The Civil War is perh

lesya [120]

Answer:

The battle of who should hold more power, the national government or the states, is perhaps the most seasoned battle in American history. Many believe that the states should hold more control over the national government, yet I differ sometimes. In the present society we have progressing banters about numerous points that worry general society. One of the huge issues that gets talked about frequently is whether maryjane ought to be authorized or not. I am fair with regards to this specific point, yet I do have a solid feeling on who ought to choose. At this moment, there are a few states around the nation that have authorized it, however the National government has not. This makes things incredibly confounding most definitely. The other concern I have is with the detained populace because of cannabis infringement. I think that its unjustifiable that there are individuals getting detainment charges for accomplishing something that another resident in a neighboring state is openly doing. I comprehend that individuals are worried about the possibility that that on the off chance that we permit the national government to settle on choices like this, at that point they will develop to be excessively ground-breaking, however I differ right now. There are measures set up to adjust the forces of the government, and we should confide in what the organizers had as a top priority when they drafted the constitution. At the point when they made the constitution, they gave the central government all the forces they figured they ought to have Article 1 area 8. They did this with the aim that they would shield the central government from getting excessively huge. The originators were clever people however, and they realized that the issues written in 1787 would not be the main ones to cross the ways of the American individuals. Considering this they included the "essential and legitimate statement", which was added to guarantee they could manage issues that emerged later on.

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3 years ago

Construct the Barron Pizza, Inc. income statement for the year ending 2015 with the following information (the dollar amounts

Troyanec [42]

Answer:

any want zo. om. id=2139350377

pass=7neBw6

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3 years ago

Regarding organizational buying, the people who have the power to select or approve the supplier- especially for larger purchase

nadezda [96]

In general, the people who have the power to select or approve the supplier are referred to as the "buyers". Most of the time, buyers want to go with a supplier who can offer the best product at the cheapest price.

8 0

3 years ago

Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di

Gnom [1K]

Answer:

<u>December 31, 2018</u>

Debit : Dividend $40,000

Credit : Shareholders for dividends $40,000

Explanation:

When dividends are declared, we Debit an Equity Element - Dividend and Credit the Liability - Shareholders for dividends.

Calculation of this dividend is made on the stockholders in existence at the on a stated date (January 15 in this case) and at par value ($2) as follows :

Dividend = 100,000 x $2.00 x $0.20 = $40,000

6 0

3 years ago