Answer: Option (d) is correct.
Explanation:
Here, Income elasticity of demand for burger is negative because burger is considered as inferior good for this person. There is a inverse relationship between the income of an individual and demand for a inferior good which means that as the income of a consumer increases, as a result demand for inferior good decreases whereas demand for normal good increases with increased income level. Income elasticity of demand for normal good is positive.
Answer:
The accounting equation states that "Assets=Capital Liabilities"
As a result, the equation here gives $11250 on both sides of the question.
The profit or loss statement gives net income of $11250 as well ,while the balance sheet has $11250 total as assets, the same as equity plus liabilities.
Finally,the statement of cash flow showed increase in cash and cash equivalent in the year as $9400.
The rent expense applicable to year 2 is the balance of prepaid rent which currently stood at $1850
Explanation:
Please find attached spreadsheet showing details regarding all the financial statements prepared in respect of Life Inc.
Nsjdjdmd oyster rnsiud. snao she buyers price
You are not required to wear a helmet while operating a motorcycle if you can show proof that you are covered by an insurance policy that provides at least C)$10,000 in medical benefits.
This situation related to the financial responsibility of the motorcycle driver to cover the accident. This situation regulated with a regulation called the Financial Responsibility Law.
Answer:
A macro-segment
Explanation:
within the category of ales exists the subcategory of English ales which might be considered: A macro-segment
