Answer:
b. The slope of the budget constraint is the same for each woman.
Explanation:
Budget Line is the combination of two goods that a consumer can buy, given prices & money income (all spent).
Equation : p1x1 + p2x2 = m ;
where p1 & p2 are price of good 1 & 2 , x1 & x2 are quantities of good 1 & good 2 , m = money income
- Abby's Budget Line : 5I + 8N = 80
- Bobbi's Budget Line : 5I + 8N = 60
- Deborah's Budget Line : 5I + 8N = 40 [ I = Icecream, N = Novel ]
Slope of Budget Line represents change (sacrifise) of a good needed to get change (gain) of other good, given same prices & income.
Slope = ΔY/ΔX = Px / Py
Since prices are same for each woman, price ratios & hence the slope of budget line will also be same for all of them.
Answer:
No options presented but the entry below should be right.
$2,600 worth of merchandise was purchased but $600 was returned so Net accounts receivable:
= 2,600 - 600
= $2,000
Company paid the full amount on July 12 which is within the 10 days required for a discount so they get a 3% discount:
= 2,000 * ( 1 - 3%)
= $1,940
Date Account details Debit Credit
July 12 Accounts Payable $2,000
Cash $1,940
Merchandise inventory $60
Hi again!
I don't know why but I feel like your questions are funny at the same time.
Anywayz, the correct answer is option C
It shows friendship and trusted. And this is the best way to introduce someone.
I hope this helps!
Answer:
C. 157
Explanation:
Safety stock = Z-score * Standard deviation of average demand * √lead time
Z-score for 74 % service level is 0.643
Standard Deviation of demand is 200
Lead Time = 1.5 weeks
Safety stock = 0.643 * 200 * √1.5
Safety stock = 0.643 * 200 * 1.224745
Safety stock = 157.502
A <span>general ledger contains all accounts the company
had transacted. It is the main accounting record in which the figures are used
to produce financial statements. It has debit, credit and account balances for
all assets, liabilities and equity for a given period.</span>
