Answer:
Consider the following explanation
Explanation:
Please note that if cash requirements are combined, mean requirement of combined entity can be simply summed up, but same is not true for standard deviation as it is not additive.
So first we need to calculate the variance by taking square of SD, then we sum it for all the location to get variance of combined entity and then we take square root again to get the SD of combined entity.
Keep in mind that we can take a simple summation of variance due to the fact that requirement in different locations are independent of each other and their correlation coefficient is = 0.
Solution is given through following image sheet -
Answer:
$120,000
Explanation:
Reason: The amount of retained earnings as on 31st December, 2014 in the consolidated balance sheet is $120,000 because, the parent company in the given case is puell co. As it has acquired 100% of the stock. Therefore, as on 31st December 2014 the parents company's retained earnings of $120,000 should appear in the consolidated balance sheet
Explanation:
<h3>A. Divisibility </h3>
or C. Limited Supply,
B. Acceptability
Answer:
Explanation:
The adjusting entry is shown below:
Bad debt expense A/c Dr $2,500
To Allowance for doubtful debts $2,500
(Being adjusting entry is recorded)
For passing the adjusting entry we have to debit the bad debt expense and credit the allowance for doubtful debts. As bad debt is an expense so we debited it and the allowance for doubtful debts is a contra asset so we credited it
Based on principles of supply and demand:
"a change in supply will cause the equilibrium price to change by <em><u>Increasing</u></em> and the equilibrium quantity to change by <em><u>Decreasing</u></em> with an elastic demand than if demand were inelastic."
This is based on the idea that a change in supply will cause an opposite change in equilibrium price.
For example, an increase in the supply of bread will lead to a decrease in the equilibrium price of bread to ensure that consumers can buy more bread and consumed the supply.
In turn, as the equilibrium price of bread decreases, this would lead to an increase in the quantity demand.
Hence, in this case, it is concluded that " a change in supply will cause the equilibrium price to change by <em>Increasing</em> and the equilibrium quantity to change by <em>Decreasing</em> with an elastic demand than if demand were inelastic."
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