3 years ago

Why would a business owner lower the price of a product?

Business

2 answers:

svetoff [14.1K]3 years ago

7 0

Answer:

C. Because the product is in less demand

Explanation:

APEX

Gnesinka [82]3 years ago

6 0

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Aaron Lynch Company has the following balances in selected accounts on December 31, 2020.

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3 years ago

Following are the transactions of a new company called Pose-for-Pics.Aug. 1 Madison Harris, the owner, invested $8,000 cash and

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Answer:

Aug 1

Dr cash $8,000

Dr photography equipment $34,400

Cr Common Stock $42,400

Aug 2

Dr Prepaid Insurance $3,000

Cr Cash$3,000

Aug 5

Dr Office supplies $1,520

Cr Cash$1,520

Aug 29

Dr Cash $4,000

Dr photography fees earned $4,000

Aug31

Dr Utilities expense $884

Cr Cash $884

Explanation:

Preparation of the general journal entries for the above transactions.

Aug 1

Dr cash $8,000

Dr photography equipment $34,400

Cr Common Stock $42,400

(8,000+34,400)

Aug 2

Dr Prepaid Insurance $3,000

Cr Cash$3,000

Aug 5

Dr Office supplies $1,520

Cr Cash$1,520

Aug 29

Dr Cash $4,000

Dr photography fees earned $4,000

Aug31

Dr Utilities expense $884

Cr Cash $884

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3 years ago

Sparks Corporation has a cash balance of $5,480 on April 1. The company must maintain a minimum cash balance of $5,000. During A

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Answer:

d) $3,920

Explanation:

The computation of the borrowed amount is shown below:

= Beginning cash balance + expected cash receipts - expected cash disbursements - minimum monthly cash balance

= $5,480 + $56,200 - $60,600 - $5,000

= $3,920

We easily add to the starting cash balance the estimated cash receipts and deducted the expected cash disbursements and the minimum monthly cash balance, in order to get the correct value

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3 years ago

Allesandra would like to work in a school environment, and she knows that she would prefer a career in which she spends lots of

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Elementary school teacher that’s the answer

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3 years ago

Which statement defines equilibrium in a graph showing demand and supply curves? A. It is the point where the demand and supply

bagirrra123 [75]

Answer:

The answer is A.

Explanation:

It is the point where the demand and supply curve intersect

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3 years ago

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