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Masteriza [31]
3 years ago
7

Airline travel and car rentals are complement goods. What happens first when

Business
1 answer:
LenaWriter [7]3 years ago
7 0

Answer:

D. The quantity of car rentals demanded goes up.

Explanation:

Complimentary goods are products that are used together. If Airline travel and car rentals are complementary goods, it means the two products must be used together. Either of the products will not add much value to the customer if purchased alone.  

Complimentary products have a joint demand. An increase in demand for one good leads to an increase in demand for the other product. If the demand for Airline travel rises, the demand for car rentals also increases. A decrease in demand will have similar effects.

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Kansas Enterprises purchased equipment for $79,000 on January 1, 2021. The equipment is expected to have a five-year service lif
svetoff [14.1K]

Answer:

Annual depreciation= $14,420

Book value= $50,160

Explanation:

Giving the following information:

Purchase price= $79,000

Useful life= 5 years

Salvage value= $6,900

<u>To calculate the depreciation expense, we need to use the following formula:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (79,000 - 6,900) / 5

Annual depreciation= $14,420

<u>Now, the book value:</u>

Book value= purchase price - accumulated depreciation

Book value= 79,000 - (14,420*2)

Book value= $50,160

4 0
3 years ago
Why is it important to choose your own career​
posledela
I think cause you know yourself better than everyone else and you know what you can and can’t do and everyone should be able to have their own opinions on things :))
4 0
3 years ago
Read 2 more answers
A newspaper article announced that Connect Wireless, the sixth-largest wireless carrier in a country, was changing its name to M
Delicious77 [7]

Answer: Public relations

Explanation:

Public relations is the practice of cautiously managing information spread and release between individuals, organizations and the public. Public relations is internally controlled.

Public relations professionals are employed to help shape an organization's image as they help in building the brand, spreading organization's message and also minimizing the effect of negative publicity.

Connect Wireless, changing its name to M-Mobile and also replacing its spokesperson Robert Garmon with Catherine Naylor is an example of public relations.

3 0
3 years ago
On June 5, Staley Electronics purchases 210 units of inventory on account for $21 each. After closer examination, Staley determi
fenix001 [56]

Answer:

journal entry for every date be below

Explanation:

solution

journal entry for every date is here

date          particular                                             Debit                 credit

June 5      Purchase Inventory  ( 210× $21 )      $4410

                to cash/bank                                                                  $4410

       ( 210 inventory purchased at $21 each)

June 9      cash/bank A/c   ( 30 × $21 )                $630

                 Purchases Returns  (Inventory ) A/c                             $630

                 ( 30 inventory return )

June 16      cash/bank A/c  210 -30 × ($37 )        $6660

                  Cost of good sold 210 -30 × ($21 )    $3780

                  sales A/c 210 -30 × ($37 )                                              $6660

                 inventory A/c 210 -30 × ($21 )                                         $3780

                 remaining inventory sold at $37                      

7 0
4 years ago
Known as the __________, this migration theory suggests that after flows of migration commence, the pattern may continue because
zepelin [54]
This is known as network theory. This approach implies that once migration has commenced, it takes on a life of its own. Likewise, the migration pattern which ensues may be different from the original push or pull factors that produced the earlier migration.<span> </span>
4 0
4 years ago
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