Answer:
$5,200
Explanation:
Calculation for the bad debt expense to be recorded for the year
Using this formula
Bad debt expense= Ending balance in allowance for doubtful accounts - Unadjusted allowance for doubtful accounts
Let plug in the formula
Bad debt expense= $ 7,000 - $ 1,800
Bad debt expense= $ 5,200
Therefore the amount of bad debt expense to be recorded for the year will beb $ 5,200
Answer:
Option (c) is correct.
Explanation:
Law of demand states that the price of the commodity and the quantity demanded of that commodity are negatively related to each other. This means that as the price of the commodity falls then as a result the quantity demanded for that commodity increases.
Therefore, the consumer will buy more sticks when the price of sticks falls from $2 to $1.
Answer
The cost of the one pound of the box is $0.974.
Explanation:
As given
Willis Rusch recently purchased a 5-pound box of treats for his dog.
The total purchase price was $4.87 .
i.e
Cost of 5- pound box = $4.87
Thus
Putting the values in the above
= $ 0.974
Therefore the cost of the one pound of the bos is $0.974.
Answer
option A
Price
Explanation
Lacy have considered almost all marketing mix strategy except for "Price".
As,
Lacy have started a gourmet chocolate bar and have spent months in perfecting her product, by taste and by its presentation - Product
The place where her Lacy will place her product is a local candy store as well as online - Place
Lacy have planned to give advertisement in a local magazine for marketing - Promotion
Answer:
The marginal product of automatic elevator equipment divided by its price was greater than that for elevator operators
Explanation:
Since in the question, it is mentioned that the automatic elevator introduction permit the firms to handle the movement of the people at least cost also it declines the demand for the operators of the elevator
This represents that the marginal product of elevator equipment would be divided by price and also it is more than for operators who are dealing in elevators
