Answer:
<u>The number of responses if a discount is offered would be 33,250</u>
Explanation:
1. Let's review the information given to us to answer the question correctly:
Number of responses you had without offering discount = 19,000
Percentage of increase if you offer a discount = 75%
2. If you mail the same size list and offer discount how many responses would you expect?
Number of responses if a discount is offered = Number of responses you had without offering discount * (1 + 0.75)
Replacing with the real values, we have:
Number of responses if a discount is offered = 19,000 * 1.75
Number of responses if a discount is offered = 33,250
<u>The number of responses if a discount is offered would be 33,250</u>
Answer:
If I recall it may be called Revenue.
Explanation:
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Answer:
See the journal entry below
Explanation:
Retained earnings A/c Dr $500,000
Dividends payable A/c Cr $500,000
Here, cash dividend is being declared by the board on 100,000 shares hence the account of retained earnings is debited and account of dividends payable is credited.
NB.
Amount = Share × Price per share
Given that;
Share = 100,000
Price per share = $5
Amount
= 100,000 × $5
= $500,000
Answer:
. All countries can gain from trade if they all specialize in production according to comparative advantage
Explanation:
Comparative advantage is when a country produces a product at a lower opportunity cost when compared with its trading partners.
Absolute advantage is when a country produces more quantities of goods and services than its trading partners.
A country can still have comparative advantage in production if opportunity cost is increasing once it's opportunity cost doesn't become greater than that of its trading partners.
A country can have comparative advantage without having absolute advantage.
I hope my answer helps you.
