Answer:
c. Closing date
Explanation:
No advertisement is accepted for the next edition after the Closing Date. For an ad to run after this date, the publisher has to issue written permission. Cancellations are also not accepted after this date. Unless otherwise agreed, clients are expected to make full payments for the ad by the end of the closing date.
The on-sale date is the day the issue is expected at the newsstand for customers to buy.
A price markup is an increase in the price the dealer sells that he ensures in order to gain guaranteed profit. If the markup is 20%, this means that he added 20% of what he paid for the car, and used this price for sale. Therefore, we let x be the price the dealer paid for the car.
$5999 = x + 0.2x = 1.2x
x = $4999
Thus, the dealer paid $4999 originally for the car.
Answer: (A) Apartment
Explanation:
The apartment is one of the type of property type that helps in using the most appropriate use of the gross income multiplier on the basis of our analyzing.
The gross-income multiplier is one of the method that helps in illustrating the value of producing the overall gross property and it is also known as the capitalization method.
According to the given question, the gross income multiplier is basically used for analyzing the subjects and used for comparing the various types of properties. Therefore, Option (A) is correct answer.
Answer:
Consider the possible advantages and drawbacks of a decision.
Explanation:
In Financial accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
Cost-benefit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Generally, to use the cost-benefit analysis, financial experts usually make some assumptions and these are;
1. Sales price per unit product is kept constant.
2. Variable costs per unit product are kept constant and the total fixed costs of production are kept constant i.e costs can be divided into fixed and variable components.
3. All the units produced are sold i.e there is no change in inventory quantities during the period.
5. The costs accrued are as a result of change in business activities.
6. A company selling more than a product should simply sell in the same mix i.e the sales mix is constant.
Hence, a business performs a cost benefit analysis when it consider the possible advantages and drawbacks of a decision i.e whether or not it would bring value to the company or create a significant level of impact on the business.
Answer:
a. a rightward shift of the demand curve for margarine
Explanation:
If the price of butter increases, consumers would demand less of butter and more of margarine. This would shift the demand curve of margarine to the right and the demand curve of butter to the left.
A substitute good is a good which can be used in place of another good. Substitute goods usually have a more elastic demand because if the price of the good increases, it can be easily substituted with another good.
The phenomenon exhibited by butter and margarine is known as cross price elasticity. It when the change in price of one good leads to a change in the quantity demanded of another good.
