Answer:
The demand curve for steel to shift to the right
Explanation:
The question isn't complete. The full question can be found: https://www.chegg.com/homework-help/questions-and-answers/3-plastic-steel-substitutes-production-body-panels-certain-automobiles-price-plastic-incre-q31436687
Substitutes goods are goods that can be used in place of one another. If the price of plastic increases, consumers shift to steel, its demand increases and the supply curve shifts to the right.
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Answer: A, Debit Cash of $180 and Credit sales of $180.
Explanation:
The above transaction is due to the fact that MacKenzie company is the company that made the sales.
$10,000 for 180days promissory note @ 9%. Since the 9% is an annual rate and the loan is for 180day we calculate thus:
10,000*9/2 = 10,000 * 4.5%=$ 10,450
Answer:
D. They might order a greater number of gallons with jugs or with barrels, depending on various factors like the demand rate, ordering cost, and holding cost.
Explanation:
Let us assume the following things
D be the demand rate
P be the Unit cost
H be the holding cost per gallon per months
S be the ordering cost
Now the economic order quantity is
EOQ units = Q = √(2DS ÷ (H))
Therefore, the order quantity would be based upon demand rate, ordering cost and holding cost.
So the last option is correct
Answer:
Part a
Debit : Accounts Receivable $18,000
Debit : Cost of Sales $10,800
Credit : Sales Revenue $18,000
Credit : Inventory $10,800
Part b
Debit : Cash $16,200
Debit : Discount allowed $1,800
Credit : Accounts Receivable $18,000
Part c
Debit : Accounts Receivable $600
Credit : Cash $600
Explanation:
The perpetual method calculates the cost of sales for each transaction made.
See the journals prepared as above
Answer:
Social media relates to all the technology that makes information sharing possible via the Internet. It is largely based on subject matter that users create and share.
Explanation:
Mass media approach: One-to-many
Personal contact approach: one-to-one.
Difference: Sellers are involved in mass media; buyers exchange information passively. Seller and buyer are both active on PC.
It is also the primary communication means used to meet the vast majority of the population. Newspapers, journals, radio, TV and the internet are the most prominent mass media channels.
