The curve that shows the relationship between the sales price and quantity sold is called the: demand curve.
The call for a demand curve is a graphical representation of the relationship between the price of an excellent or carrier and the quantity demanded for a given time frame. In a standard representation, the rate will seem on the left vertical axis, the amount demanded on the horizontal axis.
A demand curve is a graph that shows the amount demanded at every rate. every now and then the demand curve is likewise referred to as a demanding agenda because it is a graphical illustration of the call for schedules.
The demand curve can be a critical device to apply while corporations make pricing decisions. this is because the call for a curve can show the price point where the purchaser responsiveness drops, as well as the fee point that elicits the very best demand.
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Answer:
$7,560
Explanation:
Calculation for the amount to be recorded as depreciation expense at December 31, 2017
Depreciation expense =( $116,800- $16,000 )
Depreciation expense = $100,800
Depreciation expense =$100,800 / 10 years
Depreciation expense = $10,080
Depreciation expense = 10,080 * (9/12)
Depreciation expense = $7,560
Therefore the amount to be recorded as depreciation expense at December 31, 2017 is $7,560
Answer:
C. Productivity increases.
Explanation:
Technology is the application of skills, knowledge which could be scientifically in solving problems, it can be in production of good and services.
Technology brings about automation, it saves time and provide efficiency in operation.
It should be noted that Productivity increases is an advantage of utilizing technology all over the world.
Answer:
a. 2.01 times
Explanation:
Asset Turnover Ratio = Net Sales / Average Total Assets
Asset Turnover Ratio = $510,000 / $253,500
Asset Turnover Ratio = 2.01 times
Asset Turnover Ratio > 1
Net Sales > Average Assets
