<span>A fixed cost of $100,100 will not change. At 3 units per output at $5555 the cost per unit would be 5555 divided by 3 which equals 1851.66 per unit. When increased to 4 Units per week the Fixed cost will remain the same the variable cost should be 4 times 1851.66 per unit which would equal $7406.66. So we can either conclude that the variable cost increases per unit or that the question is false!</span>
Answer:
<u>No</u>
Explanation:
<em>Remember, </em>in business law, as long as both parties did not sign a contractual document, the purchase is not legal.
In this case, it could be observed that Ganze only "mailed an acceptance" not a signed document between both parties agreeing on the purchase of her antique car.
Also, the fact that she quickly sent a telegram letting Archer know that she is rejecting the offer, shows that she acted in good fate to withdraw her acceptance on time.
Answer:
DR Warranty Payable $1.9m; CR Cash $1.9m.
Explanation:
When a company creates a payable it is obligated to pay a certain amount within a particular period.
In this case Google provides a 1 year warranty on its cell phones, so any claims that will attract repair or replacement is a payable obligation.
In the year 2019 they actually paid $1.9 million for repairs and replacements.
So the journal entry to be passed is DR Warranty Payable $1.9m; CR Cash $1.9m.
Answer:
the same
Explanation:
it doesn't matter what was the original price elasticity of demand that the economist calculated in the first place, but if he/she changes the metrics, it wouldn't change the answer at all.
Price elasticity of demand measures the percentage change in the quantity demanded of the product over the percentage change in the price of the product.
The percentage change is measured in %, not in dollars, gallons, quarts, pints, tons, inches, etc.
Answer:
Diversification
Explanation:
The key words here are 'several businesses'. A company engage in many businesses in order to mitigate or reduce its business risk, and also to create and add more value to customers. This offers a far advantage position than a stand alone entities who deal with only one product or service.
