Answer:
D. realistic job preview
Explanation:
Jorge appreciated that the hiring manager took the time to provide a realistic job preview
While making adjustment of the journal entries for the accrued salaries of $600 and current salaries of $1500, the salaries expense amount should be debited for an amount of $900.
<h3>What are journal entry adjustments?</h3>
Journal entries adjustments are the amount that are adjusted at the end of the accounting period to avoid errors while preparing journal entries for the financial transactions.
The adjusted journal entries for the above transactions are attached with an image for reference.
Hence, option B; the salaries expense account will be debited for $900 in the journal entries adjustments.
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Answer:
The correct option is D
Explanation:
LIBOR termed as London Interbank Offered Rate, which is the rate of interest at which the major banks globally lend to another bank in the international market for the loans which are short- term in nature.
LIBOR, serves or states as the accepted key interest rate globally , which states the cost of borrowing among the banks.
Therefore, LIBOR, is the term which is the interest rate charged by banks in London to lend money among themselves.
Answer:
The correct answer is: a 10% increase in the price of cantaloupes will increase the quantity demanded of water melons by 11%.
Explanation:
The produce manager of a large grocery store is informed that the cross-price elasticity of demand between cantaloupes and water melons is 1.10.
The cross-price elasticity of demand is a measure to calculate the change in demand for a commodity due to a change in the price of another commodity.
It is calculated as a ratio of the percentage change in demand and percentage change in price.
A positive price elasticity implies that the two goods are substitutes. An increase in the price of one good leads to an increase in the demand for another.
The cross elasticity can be calculated as,
=
Let's assume that the price of cantaloupes increases by 10%.
Then,
1.10 =
ΔQy = 11
So we see that a 10% increase in the price of cantaloupes will cause the demand for water melons to increase by 11%.
Answer:
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- <u><em>True. The point (6,15) will be on the graph.</em></u>
Explanation:
Since all cards have the same price, there is a direct relation between the number of cards and the cost, with the unit price being the constant of proportionality.
The unit price is determined from the point<em> (4, 10)</em>, whihc means 4 cards for $10.
- K = unit price = $10/4cards = $2.5 per card.
Point <em>(6,15) </em>means that 6 cards cost $15. Is that true?
Use the constant of proportionality:
- Cost = K × number of cards
- Cost = $2.5/card × 6cards= $15.
Hence, indeed the cost of 6 cards is $15, and that is represented by the point (6, 15).