Answer:
The amount of the increase to the Cash account is $10,450
Explanation:
<em>Cash account </em>
Cash for services performed during July $900
Cash from the issuance of common stock to owners $5350
Cash received from customer as payment for services performed during June $450
Cash Borrowed from bank $2600
Cash received from customer service to be performed during august $1150
Total sum is Cash account increase of $10,450
Answer:
$1,600
Explanation:
Budgeted raw material cost per toy car:
= Total budgeted raw material cost ÷ Budgeted production(in units)
= $1,000 ÷ 100 toy cars
= $10 per toy car
Flexible budget of raw material:
= Actual number of toy cars sold × Budgeted raw material cost per toy car
= 160 × $10 per toy car
= $1,600
Therefore, the flexible budget amount of raw materials is $1,600.
This is an example of <span>emotional contagion.
Emotional contagion refers to an occurrence when someone's emotions trigger similar emotions in other people around that person.
This kind of occurrence tends to form a strong bonding between several individuals and make them value the existence of each other's goals and opinion.</span>
Answer:
Explain: Demand is elastic when a change in price causes a relatively larger change in quantity demanded. Demand is inelastic when a change in price causes a relatively smaller change in quantity demanded. Demand is unit elastic when a change in price causes a proportional change in quantity demanded.
FALSE. It is not greater then firms with smaller cash flows.