Answer: Managerial Accounting
Answer:
Explanation:
The journal entry to record the cost of merchandise sold is presented below:
Cost of merchandise sold A/c Dr XXXXX
To Merchandise inventory A/c XXXXX
(Being cost of merchandise sold is recorded)
Simply we debited the Cost of merchandise sold account and credited the Merchandise inventory account instead of the inventory account
Answer:
Service Quality Gaps
Explanation:
Service Quality Gaps is one of the value gaps that can undermine customer experiences and can damage relationships.
This is because, customer satisfaction can be measured based on the service quality the customer receives, and if the customer is adequately satisfied, he would continue to patronise the company, but if he is not satisfied, it could damage relationships.
<span>The basic trend in diversity in the United States has shown a steady increase in diversity, mainly due to the impact of immigration from different countries, due to economic (abundance of employment opportunities) or geopolitical reasons (e.g. wars)</span>
Answer:
c. $400 billion
Explanation:
Calculation to determine what an initial increase in aggregate demand of $100 billion will eventually shift the aggregate demand curve to the right
First step is to calculate the GDP Multiplier
Using this formula
GDP Multiplier=1/(1-MPC)
Let plug in the formula
GDP Multiplier=1/1-0.75
GDP Multiplier=1/0.25
GDP Multiplier=4
Now let determine the shift in aggregate demand curve
Shift in aggregate demand curve=4*100 billion
Shift in aggregate demand curve= $400 billion
Therefore an initial increase in aggregate demand of $100 billion will eventually shift the aggregate demand curve to the right by $400 billion