Answer:
change in demand; shift of the demand curve.
Explanation:
We know that income elasticity of demand derives by considering the percentage change in quantity demanded and percentage change in income
In mathematically,
Income elasticity of demand = (percentage change in quantity demanded) ÷ (percentage change in income)
By considering the above information, the change in income preferences is due to change in demand plus it also shift of the demand curve
Answer:
Explanation:
The journal entry is shown below:
On February 20
Organization expense A/c Dr $60,000
To Common Stock A/c $25,000 (1,000 shares × $25)
To Paid in capital in excess of par-Common Stock $35,000
(Being the organization expense is recorded and remaining balance is credited to the Paid in capital in excess of par-Common Stock)
The cengage learning for the mitigation is the difference between the agreed upon $72000 less what was earned from the $25000 position that barton managed to obtain
<u>Explanation</u>:
Mitigation of damages:
In the case of barton v. vanhorn a court would consider barton's attempts at findings similar employment a reasonable step in mitigating her damages.
Under the doctrine of damage mitigation, a wrongfully terminated employee must look for other compartable employment, and subtract whatever you make from that job from what you request in damages.
Damages in the case would be the difference between the agreed upon $72000 less what was earned from the $25000 position that barton managed to obtain.
Answer:
Chartered Accountant or Certified public accountant.
Explanation:
Chartered accountant is a designation or degree provided to the Accounting professional across the world except in United states, they have another equivalent designation of Certified public accountant. This designation required knowledge on accounting, tax, auditing, etc. They need to qualify in a rigorous accounting examination. As a professional their responsibility is to create financial statement, filling or helping company to file or calculate tax and providing financial advice.
