Answer:
An increase in the price of one substitute good causes a decrease in supply for the other.
Explanation:
I just took a test on this subject last week :)
Answer:
the times interest earned ratio is 5.87 times
Explanation:
The computation of the times interest earned ratio is shown below:
Interest expense is
= Bonds payable × Interest rate
= $1,106,989 × 6%
= $66,419
Now
Times interest earned ratio is
= (Income before income tax for year + Interest expense) ÷ Interest expense
= ($323,108 + $66,419) ÷ ($66,419)
= 5.87 times
Hence, the times interest earned ratio is 5.87 times
Answer:
Letter A is correct. <u><em>Don't distinguish between message sources.</em></u>
Explanation:
Integrated marketing communication is a relevant tool whose primary objective is to ensure that there is compliance in corporate marketing communication across all media channels used by the organization, ie all communication of promotions and dissemination of company products and services is organized and consistent to create reliability and customer experience.
There are many benefits to ensuring that integrated marketing communication is well developed, some of which are brand awareness according to their individual exposed elements, cost savings and less waste with inconsistent messages, the consumer experience that assists continuous improvement. communication and focus on results, achieved most effectively when there is synchronization between internal and external communication in the company.
Answer:
a.
Cash 16500 Dr
Common Stock 16500 Cr
b.
Cash 13500 Dr
Notes Payable 13500 Cr
c.
Equipment account 1450 Dr
Accounts Payable 1450 Cr
d.
Land 25000 Dr
Cash 2300 Cr
Notes Payable 22700 Cr
e.
Equipment account 9500 Dr
Cash 2300 Cr
Accounts Payable 7200 Cr
Explanation:
a.
The issuance of common stock against cash will increase the cash and the capital. So cash will be debited and capital (common stock) will be credited.
b.
The issuance of notes payable against cash increases liability and asset. The asset increase in cash will be debited and liability increase in notes payable will be credited.
c.
The purchase of equipment on account will increase liability and asset. The asset increase in form of equipment will be debited and the liability increase in form of accounts payable will be credited.
d.
The purchase of land will increase land and result in a debit to the land account. It is purchased for cash and a liability of notes payable. So both cash and the notes payable account will be credited as cash decreases (asset decrease in credited) and liability increases (liability increase is credited).
e.
The purchase of equipment will increase equipment account and result in a debit to the equipment account. It is purchased for cash and a liability of accounts payable. So both cash and the accounts payable account will be credited as cash decreases (asset decrease in credited) and liability increases (liability increase is credited).
Answer:
A. position power
Explanation:
The person working in the company or organisation , having high position power , plays a very important role .
As the person has got the right to recruit any employees , depending to his or her abilities ,
The person can reward as well as punish the for any good or faulty performance .
Hence , from the given scenario of the question ,
The correct option is A. position power .