The answer is C. If the future price of a good is expected to rise, that means consumers would want to buy more NOW before the price increases. This causes the immediate demand to rise.
Answer:
determine purchase authority
Explanation:
Based on the scenario being described within the question it can be said that David was not successful because he forgot to determine purchase authority. In other words he gave the presentation to someone (the receptionist) that does not have any authority to make purchases for the company and is why he was unsuccessful. David needed to find the individual in charge of buying the pharmaceuticals for the company and give him the presentation.
True. Investors can postpone or avoid income tax by investing through individual retirement accounts. Tax-deferred and tax-exempt retirement accounts are two most popular options for lowering tax obligations. Both forms of retirement accounts reduce total amount of taxes a person will pay throughout their lifetime.
Immediate tax deductions up to the full amount of contribution in tax-deferred accounts is allowed. Money in account continues to grow tax-free. Instead of offering tax reductions on donations, tax-exempt accounts offer future tax benefits.
Tax is not applied to retirement accounts. Maximizing contributions to both types of accounts can be the best tax-savings plan.
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Answer:
DR Cash ..............................................................$ 176,000
CR Sales Revenue................................................................$149,600
CR Deferred Revenue..........................................................$26,400
Explanation:
Revenue should only be recorded when earned and as the 6 month technical support can be sold separately, it is revenue that has not be earned yet as the 6 months have not elapsed. This will therefore need to be recorded as Deferred revenue.
Sold alone, the revenue is more than when they are sold together so use the standalone price to find out the revenue when sold together by proportionality.
Sales revenue = 153,000/180,000 * 176,000
= $149,600
Deferred Revenue = 27,000/180,000 * 176,000
= $26,400
I believe the answer is A becuase working at a lemonade stand helps you kinda run a business if you think about it