Determinants of demand includes following:
- Price of the Product
- Income of the Consumers
- Prices of related goods or services
- Consumer Expectations
- Number of Buyers in the Market
When any of determinants of demand changes, the demand curve shifts to the right. This indicates that even while the price remains the same, there is a greater demand for the commodity or service.
Demand curve movement happens along the curve, whereas demand curve shift occurs when the determinant of demand relationship changes and causes the demand curve to shift. When changes in quantity demanded are correlated with changes in the commodity's price, the demand curve moves along.
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Banks get money to lend to borrowers from other people that keep their money in the bank. Its called trustfund.
Answer:
A. debit to Interest Receivable of $1,000
Explanation:
The journal entry is given below;
Interest Receivables ($100,000 × 6% × 2 ÷ 12) $1,000.00
To Interest Revenue $1,000.00
(being the interest earned but not received is recorded)
Here the interest receivable is debited as it increased the assets and credited the interest revenue as it also increased the revenue
Answer:
Profit oriented
Explanation:
Price level is the approach which is referred to as the purchasing power of money. This is analyzed by the basket of goods approach, in which the consumer grounded goods and services are examined in total.
There are 4 usual approaches for finding the approximate price level for the service or product, and that are competition-oriented pricing., cost oriented, demand oriented and profit oriented.
Hello!
acid-test (quick) ratio=(Cash+short term investments+accounts receivable)÷current liabilities
acid-test (quick) ratio is
(63,200+44,800)÷132,000=0.8182
0.8182×100=81.82%
Good luck!
