Answer:
Merchandise inventory is an asset reported on the balance sheet and represents the cost of products purchased for sale.
Explanation:
Merchandise inventory is the stock of the company and the same is to be reported under the current asset side of the balance sheet also the asset contains normal debit balance. In addition to this, it shows the cost of product buy for sale
Therefore the last option is correct
I think the answer for your question you have to divide then you get 6,000
Answer:
Egor.
Explanation:
According to the Landlord-Tenant Law, the right to possess the land is owned by Egor in the given situation.
In the given scenario, Egor has a land, which he has given to Fig as an easement. An easement can be defined as a nonpossessory right to the holder of the property to earn interest on the land, originally owned by someone else. Gabe is earning profit on it and Huck has a license. Regardless of this, Egor still owns the property and has right to possess the land.
Therefore, Egor is the correct answer.
Answer:
the direct material cost is $47,000
Explanation:
The computation of the direct material cost is shown below:
= Opening balance + purchase made - indirect material - closing balance
= $22,500 + $68,000 - $2,500 - $41,000
= $47,000
hence, the direct material cost is $47,000
The same should be considered and relevant too
Answer:
price of iPhones decreases
Explanation:
A decrease in price increases quantity demanded but does not increase demand.
iPhones and Android phones are substitute goods.
Substitute goods are goods that can be used in place of another good.
An increase in the price of androids increases the cost of androids. So, consumers would increases their demand for iPhones.
Because iPhone is assumed to be a normal good. An increase in the price of iPhones would increase the demand for the good.
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls
Data plans and iPhones are complement goods.
Complementary goods are goods that are consumed togethe
A decrease in the price of data plans would increase the demand for iPhones.
