You can think of this problem in basic maths.
You have 4 pairs of socks sold at 4.19$ and you want to buy only three.
So in order to know the price of 3 pairs, you should first calculate the price of one pair of socks.
use cross multiplication to get the price of one pair as follows:
price of one pair = 4.19 / 4 = 1.0475$
Therefore,
price of 3 pairs = 1.0475 x 3 = 3.1325$
Capital gains tax is not a good idea because of inflation. A lower tax rate is a simple way to offset this unfair “inflation tax.” Capital gains taxes may seem obscure but limiting them is crucial to U.S. economic growth.
Answer:
d.accounting records continuously disclose the amount of inventory
Explanation:
Under the perpetual inventory system, an entity continually updates its inventory records to account for additions to and subtractions from inventory for such activities as:
Received inventory items
Goods sold from stock
Items moved from one location to another
Items picked from inventory for use in the production process
Items scrapped
Answer:
(E) Managers need to stay alert to environmental changes that may impact the implementation of a plan and respond as needed.
Explanation:
Planning has to be dynamic and not static. Manager who are aware of the trends in an economy are suppose to, expected to adjust their plans to align with the present economic reality in other not to run into crisis.
The first law of demand states that as price increases, less quantity is demanded. This is why the demand curve slopes down to the right. Because price and quantity move in opposite directions on the demand curve, the price elasticity of demand is always negative.
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