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3 years ago

Describe the relationship between an individual consumer's demand and market demand

Business

1 answer:

nordsb [41]3 years ago

3 0

Market demand is what everyone wants in that group. a consumer is what that person or two people wants.

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During February, $75,150 was paid to creditors on account, and purchases on account were $96,190. Assuming the February 28 balan

lidiya [134]

Answer:

$45,000

Explanation:

Given the above information, the account balance on February 1 is computed below;

Balance of account payable Feb 28 + Cash paid to creditors in February - Purchases on account

= $59,900 + $186,500 - $201,400

= $45,000

Therefore, the account balance on February 1 is $45,000

5 0

2 years ago

If the supplies on hand at the end of January totaled $500 and the Supplies on Hand account before adjustment is $900, what shou

Natali5045456 [20]

Answer:

The adjustment at month-end is :

Supplies Expense $400 (debit)

Supplies $400 (credit)

Explanation:

The Supplies Account is an asset Account that decreases as the supplies are used in the business.

The use of supplies prompts the recognition of an expense and de-recognition of an asset as follows :

Supplies Expense $400 (debit)

Supplies $400 (credit)

4 0

3 years ago

When auditing an entity's financial statements in accordance with government auditing standards (the yellow book), an auditor is

frez [133]

Wiley CPA Exam Review 2010, Auditing and Attestation explained this on an exam that the auditor should issue a report to comply with the law on internal control and also to document financial information. The yellow book becomes an auditing standard that provided uniformity on reports.

3 0

2 years ago

"Ramon runs the marketing department at his company. His department gets a budget every year, and every year, he must spend the

miss Akunina [59]

Answer:

Property of additive inverse

Explanation:

Given: Ramon got $2.5 million for the annual marketing budget such that he must spend the budget such that $2,500,000-x=0$

To find: property of addition that help us to know what the value of x must be

Solution:

1 million is equal to $1,000,000$

So,

$2.5\,\,million=2.5(1,000,000)=2,500,000$

According to property of additive inverse,

$a+(-a)=0$

Given equation is $2,500,000-x=0$

This equation can be written as $2,500,000+(-x)=0$

So,

$x=2,500,000$

8 0

2 years ago

Britt raises money from wealthy individuals and institutional investors, and invests them in a variety of promising new companie

natita [175]

Answer:

Britt is a Financial Manager.

Explanation:

A finanacial manager in a company is a person that is responsible for the financial health or well-being of a company. As the financial manager, the roles to be played includes; making financial reports, directly investing company funds, devloping plans/ strategies for the company's long term growth or development through fund raisers or bonds or any means seen fit.

Cheers.

5 0

3 years ago