Answer:
true
Explanation:
employees play a significant role in the success of a service based business because they build an atmosphere of trust , confidence and loyalty among the customer by interacting with the customer while the service is being provided.
Answer:
Garza's net sales equals $143250.
Explanation:
Net sales = gross sales - sales return - sales discount
= $149,000 - $3,525 - $2,225
= $143250
Therefore, Garza's net sales equals $143250.
Answer:
Consumer Surplus = $1.50
Explanation:
Consumer surplus is the difference between what a consumer is willing to pay for a given amount of goods or services and what he ends up paying.
Therefore,
Consumer surplus = Amount consumer is willing to pay less amount paid
Given that
Elvis is willing to pay 5 + 4 + 4.50 = 13.50 for three
Price of 3 sandwich = 3 × 4 = 12
Consumer surplus = 13.50 - 12
= $1.50
Answer: A. costs of moderate inflation are nearly zero whereas high inflation is quite costly.
Explanation:
Economists generally believe that moderate inflation is actually good for the economy as prices need to increase in a healthy manner overtime in order to drive consumption. This means that to them, the cost of moderate inflation is nearly zero.
This is a sharp contrast to high inflation which most economists generally believe to be costly as it reduces the savings of people as well as their real wages and welfare.
Answer:
The answer is e. 40,500.
Explanation:
To find out the balance for account payable in 2014, we need to recall to the Accounting equation:
Asset = Liabilities + Owner's Equity
Applying in the question, we replace the balance of asset items, liability items and equity items in 2014 to find the answer:
Account Receivable + Cash + Inventories + Net Fixed Asset = Account Payable + Accruals + Common Stock + Long term debt + Notes payable + Retained earnings
=> 44,500 + 98,000 + 60,800 + 121,500 = Account Payable + 16,200 + 81,000 + 89,100 + 37,200 + 60,800 <=> Account Payable = $40,500.
So, the answer is e. 40,500.
