Answer:
Please see explanation
Explanation:
The following journal entries shall be recorded by the Pina Inc in its accounts for the transactions mentioned in the question:
July 1, 2020 Debit Credit
Treasury shares $9,048
(104*87)
Bank $9,048
(Reacquiring of 104 shares at $87 per share)
September 1, 2020 Debit Credit
Bank $5,670
(63*90)
Treasury shares $5,481
(63*87)
Paid in capital $189
(5,670-3,567
(Reissuing of 63 shares at $90 per share)
November 1, 2020 Debit Credit
Bank $3,403
(41*83)
Paid in capital $164
(3,567-3,403)
Treasury shares $3,567
(41*87)
(Reissuing of 41 shares at $83 per share)
CPI reduces waste and non value added activities.
Answer:
rises the greater the time frame considered.
Explanation:
Since in the question, it is given that the rubber price increased up and they are made up of synthetic materials. Due to an increase in the price of the rubber, there is a large decline in quantity demanded
So this represents that if the price elasticity of demand increased the more the time period is relevant
Its InElastic Because It Lowered Hope It Helped :)
