Answer:
- <u>Best Buy sells 560 iPods</u>
- <u>Sears sells 70 iPods</u>
Explanation:
You may set a system of equations.
<u>1. Name the variables: </u>
- B= <em>number of iPods</em> sold by <em>Best Buy</em>
- S =<em> number of iPods</em> sold by <em>Sears</em>
<u>2. Translate every verbal statement into a mathematical expression</u>
a) <em>A local Best Buy sells 8 times as many iPods as Sears</em>.
b) <em>The difference between their sales is 490 iPods</em>.
<u>3. Solve the system of equations</u>
a) Substitute B = 8S into the second equation
b) Add like terms
c) Divide both sides by 7
d) Substitue S = 70 into B = 8S
<u>Solution:</u>
- Best Buy sells 560 iPods
- Sears sells 70 iPods
Answer:
The correct answer is: No, this situation is impossible.
Explanation:
To begin with, in the reality the situation with the demand curve is all the opposite. The <em>law of demand</em> establishes that there is an indirect relationship between the price of a product and its quantity demanded in the market, therefore that when the price of a good increases then its quantity demanded decreases. And it is by logic as well, because no one will buy more of something if the products is more expensive than it was before. Therefore that the situation in the text is impossible and it could only be opposite.
It is most likely under the principal's duty of <span>reimbursement
principal's duty of reimbursement a principal duty that require employer to give back the amount of money that its employees have to give from their own pocket in order to pay for all the expenses that are necessary for those employees to fulfill the duty that assigned by the employer.</span>
Answer:
D) Must be reported in a presentation that includes the components of other comprehensive income and their total.
Explanation:
Comprehensive income (net income plus other comprehensive income) must be reported in a presentation that includes the components of other comprehensive income and their total.
Answer:
d. Salary Expense
Explanation:
Salary Expense refers to the salaries or fixed payment by an organization to it's employees. It is an expense and as per the rules of accounting, "debit all expenses and losses, credit all incomes and gains."
Salary expense represents salary which has been earned whether paid or not, as per the accrual concept of accounting.
Thus, a credit balance in Salary Expense represents a likely error since such an account is usually associated with a debit balance, being an expense.
