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2 years ago

5

During a recession, the market demand curve, which is a function of marketing expenditure, ________. A. becomes vertical B. shif

ts downward C. shifts upward D. remains unaffected

1 answer:

n200080 [17]2 years ago

6 0

Answer:

B. shifts downward

Explanation:

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Blue Spruce Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the busi

dlinn [17]

Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr, $26,100

To Common stock $26,100

(Being Cash in exchange of common stock is recorded)

2. No Journal Entry is required

3. Office rent expenses Dr, $1,305

To cash $1,305

(Being is office rent is recorded)

4. Accounts receivable Dr, $1,885

To Accounts payable $1,885

(Being architectural supplies is recorded)

5. Accounts receivable Dr, $2,755

To Service revenue $2,755

(Being service revenue is recorded)

6. Cash Dr, $1,015

To Unearned revenue $1,015

(Being cash is recorded)

7. Cash Dr, $4,060

To Service revenue $4,060

(Being cash is recorded)

8. Salary expenses Dr, $2,176

To Cash $2,176

(Being salary expenses is recorded)

9.Accounts payable Dr, $435

To Cash $435

(Being accounts payable is recorded)

3 0

3 years ago

Vaughn Manufacturing can sell all the units it can produce of either Plain or Fancy but not both. Plain has a unit contribution

Annette [7]

Answer:

Vaughn should produce Plain as it makes greater profit.

Explanation:

Vaughn Manufacturing can sell all the units it can produce of either Plain or Fancy but not both.

Plain has a unit contribution margin of $86 and takes two machine hours to make and Fancy has a unit contribution margin of $111 and takes three machine hours to make.

There are 2400 machine hours available to manufacture a product.

Profit per machine hour for Plain

= $\frac{86}{2}$

= $43

Profit per machine hour for Fancy

= $\frac{111}{3}$

= $37

The difference in profit

= $43 - $37

= $6

Plain makes $6 more profit per machine hour than Fancy.

7 0

3 years ago

One of the following is an example of managing earnings down (reducing earnings)?

malfutka [58]

Answer:

The answer is (C) Revising the estimated life of equipment from 10 years to 8 years.

Explanation:

Revising estimated life of equipment from 10 years to 8 years has the effect of increasing annual charge of depreciation.

8 0

3 years ago

Beneficiary is one who unintentionally gains a benefit from a contract between other parties

son4ous [18]

The answer is "incidental beneficiary".

An incidental beneficiary refers to somebody who indirectly acquires an advantage as the aftereffect of the fundamental reason for the trust. An incidental beneficiary is a recipient who isn't a planned recipient. For instance, a grandchild may profit by his/her parent accepting a blessing which could be utilized by the whole family, or which he/she may acquire from the parent.

6 0

3 years ago

Several years ago a city established a sinking fund to retire an issue of general obligation bonds. This year the city made a 55

Amanda [17]

Answer: c. Debt Service Fund and General Fund

Explanation:

The Sinking fund is a Debt Service Fund as it was created to retire some general obligation bonds. Every transaction that had to do with the retirement of debt as well as contribution to the retirement of debt would go in this account.

The General fund is also needed because this is the main fund of a Government entity. Everything that does not go through special funds is recorded here. This Fund therefore would show that the city made a $550,000 contribution to the sinking fund.

4 0

3 years ago