Answer:
Entries for December 31:
20000 x 2/10 : $4000
Dr salary expense : $4000
Cr salary payable : $4000
Entries for January 10:
Dr salary expense : $16000
Dr salary payable :$ 4000
Cr cash : $20000
Answer:
Correct Answer:
D. Trickle Sort
Explanation:
A Sorting Algorithm is used to rearrange a given array or list elements according to a comparison operator on the elements. From the ones listed, only Trickle Sort is not part of it.
Answer:
a) $30, 000
Explanation:
<em>The Consumer price index is the weighted average of the cost of basket of good of goods and services consumed by a typical consumer in an economy. It is used to measure the rate of inflation rate.</em>
The salary in Wrexington in Charlieville dollars=
(CPI in Charlieville / CPI in Wrexington)× Wrexington Salary
= (90/150)× $50,000
=$30, 000
Answer:
A. January 2016
B. May 2016
C. June 2016
Explanation:
Req. A
From the data table above, it is easy to understand that only 10,000 mobile phones were sold in the month of January.
Req. B
From the information above, the highest sales level was in the month of May with a 12,000 smartphones.
Req. C
We know, a monopolist maximizes its profit when marginal revenue equals to the marginal cost. MR = MC.
In that case, two months had equal marginal revenue = marginal cost, i.e., February and June.
According to the maximizing rule, at which point there are a high number of sales and MR = MC, that sales point is considered as maximizing profit.
Therefore, in the month of June, the sales were high with 11,000 smartphones. Hence, June was the firm's maximizing profit.
Answer:
Life's going good I'm bored but okay but what about u
