In a case whereby rev motor company buys plugs and points from sparkplugs inc. and puts them in rev vehicles without changing their composition if the parts are defective, the damages that can be associated with this is the Rev and Sparkplugs.
<h3>What was the defects?</h3>
A defect can be described as the abnormalities that can be associated to a particular process which is necessary to be addressed for the efficient functionality of the system.
It should be noted that in the case above Rev and Sparkplugs that was introduced to the system of rev motor company and for thios to be adjusted they need to visit the automechanics to fix or change it.
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Macroenomoc trends best describes what is represented in the business cycle model.
The business cycle, also known as the economic cycle or trade cycle describes the rise and fall in production output of goods and services in an economy. The rise and fall is measured using rise and fall in real – inflation-adjusted – gross domestic product (GDP).
The number of buyers in the market for gardening equipment increases, this will impact the market for gardening equipment by increasing the demand for gardening equipments.
An increase in the price of a good or service always tend to decrease the quantity demanded. A decrease in the price of a good or service will increase the demand for the quantity
Demand is an economic concept which is related to the consumer's desire to purchase goods and services and he is willing to pay a specific price for them.
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Answer:
(B) Increase both assets and equity by $180
Explanation:
The transaction analysis model tells us that:
Assets = Liabilities + Owner's Equity
Owner's equity = Contributed Capital + Retained Earnings
Retained Earnings = Net Income − Dividends
and
Net Income = Income − Expenses
The expanded accounting equation is obtain if all substitutions are made:
Asset = Liabilities + Contributed Capital + Income – Expenses − Dividends
In the Global Cleaning Service`s case:
Assets are increased either because the service is collected or is an account receivable. As the service provided is a revenue (income) is part of the Owner's Equity that also increase. Both, Asset and Owner's Equity, increase in 180.
Answer:
Project Y = -$1,825.80
Project Z = $4,148.00
Explanation:
Calculation are as attached in the file
