Exit the roadway. Hope this helps!
Answer:
The answer is c.The firm's reputation may suffer when the product becomes available.
Explanation:
Quality risk are potential losses due to failure to meet set quality standards.
Answer:
Given that,
Total prepaid insurance = $6,700
Monthly insurance:
= Total prepaid insurance ÷ 4 months
= $6,700 ÷ 4 months
= $1,675
Insurance expense for two months:
= $6,700 - $1,675
= $5,025
Therefore, the adjusting entry required on December 31 is as follows:
Insurance expense A/c Dr. $5,025
To Prepaid insurance $5,025
(To record the adjusting entry for the insurance)
Demand supply and market equilibrium will have many changes due to change in the quantity of a supplied product.
