Answer:
see below
Explanation:
A positive correlation signifies that an increase in one variable results in the other variable moving in the same direction. Because supply and price are positively correlated, a price increase will increases supply. The opposite is also true.
Suppliers are business people whose main objective is to make profits. Higher prices give higher margins. Suppliers make higher profits when prices are high. The possibility of making higher profits motivates suppliers to increase supplies to the market. On the other hand, low prices may result in losses. When prices are low, supplies will shy away from the market to avoid making losses.
Answer:
Decrease the accounts receivable account in assets section of balance sheet by $1,000
Increase the cash account in assets section of balance sheet by $1,000
Explanation:
The Accounting equation for any entity is represented by the following equation:
Assets= Equity + Liability
When the entity receive any amount from customer in respect of the any credit sale made to him, the account receivable in the asset section will be decreased by the that amount and the cash section in the asset section will be increased by that amount.
In this case, Fitch supply services shall
Decrease the accounts receivable account in assets section of balance sheet by $1,000
Increase the cash account in assets section of balance sheet by $1,000
Answer:
Option D
Explanation:
This is the group whom the researcher wants to know more about and to draw inference from.
The number of dollar sales to be achieved to reach the goal is $287,600
<h3>
What is a dollar?</h3>
- The official money of the United States of America is the USD (United States dollar).
- One hundred cents make up one dollar, often known as the U.S. dollar. It is distinguished from other currencies based on the dollar by the symbol $ or US$.
- The U.S. dollar, which is considered a standard, is the most widely used money in transactions globally. In addition, it is used as the official currency in several regions outside of the U.S., while many others use it alongside their own as an unofficial currency.
We have the following details:
Fixed Cost = $ 39,800
Earning Required = $71,900
Hence
Contribution Required= Fixed Cost+Earning Required
Contribution Required = ($39,800+$71,900)
Contribution Required = $ 111,700
We use then the following formula:
Contribution Margin ratio = Contribution Margin/Sales
25%= $ 109,900/Sales
Sales = $ 109,900/25%
Sales = $287,600.
The number of dollar sales to be achieved to reach the goal is $287,600
To learn more about dollar with the given link
brainly.com/question/14982791
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