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2 years ago

Received good return from m center of rs 5000 (journal entry)

Mathematics

1 answer:

HACTEHA [7]2 years ago

7 0

Answer:

Date Account Title Debit Credit

XX-XX-XXX Sales returns and Allowances Rs. 5,000

Accounts receivable - M Center Rs. 5,000

Inventory Rs. 5,000

Cost of Goods sold Rs. 5,000

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2 years ago

A bottle contains 3.5 liters of water. A second bottle contains 3,750 milliliter soft water. How many more millimeters are in th

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3 years ago

Victor was having a hard time deciding which new vehicle he should buy. He decided to make the final decision based on the gas e

Amanda [17]

Answer:

Victor should buy Legend because it has a better unit rate

Step-by-step explanation:

See attachment for complete question.

To determine which car has more gas efficiency, we have to calculate the slope of each car.

Vehicle 1: Legend

Take any two corresponding points from the table

$(x_1,y_1) = (4,72)$

$(x_2,y_2) = (12,216)$

The slope is then calculated using;

$m = \frac{y_2 - y_1}{x_2 - x_1}$

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This implies that this vehicle (legend) travels 18 miles per gallon of gas

Vehicle 2: Supreme

Take any two corresponding points from the graph

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$(x_2,y_2) = (15,250)$

The slope is then calculated using;

$m = \frac{y_2 - y_1}{x_2 - x_1}$

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2 years ago

Marketing Chapter 3 Test Questions

butalik [34]

Step-by-step explanation:

1.) The average nightly ticket sales can be calculated as

Average sales = Average no. of customers per night x Charge per ticket

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$1750 = (N)($7)

This gives us N = 250.

So, the average number of customers decreased as a result of the price increase.

To calculate the percentage change, we use the following formula:

% change = $\frac{250 -300}{300} X 100$

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Therefore, we have 40% change in the cost of ticket per person, which reflects an increase in the prices.

3.) Elasticity of Demand = $\frac{ percentage change in quantity demanded}{percentage change in price}$

Hence, we have $\frac{-17}{40}$ = -0.425

This stands consistent with the Law of Demand - as the price increases, the quantity demanded decreases.

4.) Market price is obtained by looking for a point where the quantity supplied equals the quantity demanded. From the table we see that at $75 price, there is a demand for 45,000 units of that product in that market, which the suppliers are willing to supply. Hence, that defines the market price for that product.

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3 years ago

Received good return from m center of rs 5000 (journal entry)​

Received good return from m center of rs 5000 (journal entry)