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Oduvanchick [21]

3 years ago

12

Splish Brothers Inc. sold its accounts receivable of $70,300. What entry should Splish Brothers make, given a service charge of

4% on the amount of receivables sold?

1 answer:

Bingel [31]3 years ago

8 0

Please help me! This is due tomorrow and I really need some help! Thank you.

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What is a "highly unreasonable omission or misrepresentation involving an extreme departure from the standards of ordinary care

Vesna [10]

It is RECKLESS CONDUCT. Reckless conduct refers to a practitioner's careless act which deviates significantly from the standard of care a reasonable individual would exhibit under a similar situation. Reckless conduct is a culpable offence and is punishable under the law.

8 0

3 years ago

According to the article, purchases of sugary beverages went down 12% in 53 Mexican cities as a result of a 10% tax. What kind o

const2013 [10]

Answer:

B) Demand is price elastic

Explanation:

Elasticity of demand is the degree of responsiveness of demand to a change in price. It measures how much is effected on quantity demaned as a result of a unit change in price.

It is calculated as % change in quantity demanded by % change in price.

PED = % change in Quantity demanded/ % change in price

IF PED is greater than 1, demand is price elasitic

If IF PED is less than 1, demand is price inelasitic

If IF PED is equal to one, it is unitary

If the % change in price produces a more than proportional change in demand , PED is elastic.

In this question , a 10% increase in price as a result of tax produces 12% fall in demand, so PED = 12%/10%= 1.2.

PED is greater 1, Therefore, demand is price elastic

4 0

3 years ago

Read 2 more answers

A moose is considered to be a consumer because it

Andrej [43]

Because it only eat plants, who are primary producers.

7 0

4 years ago

Who are the two key players in a circular flow model? :

Inessa [10]

The answer is C households and business

8 0

4 years ago

The Army Corps of Engineers has proposed the construction of a dam that will be of substantial benefit in Tennessee in terms of

postnew [5]

Answer:

The correct option is B

Explanation:

The project will require the to submit the EIS (Environmental Impact Statement), it is a document which is prepared describing or stating the effects of the activity proposed on the environment. So, it is necessary for the Army Corps to submit the EIS along with the proposed project for the construction of the dam which is for advantage of Tennessee.

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4 years ago