After the war, consumers were borrowing even though they didn't need to. <span> They did this because they figured their money would further grow as time progressed, and they were right! Borrowing money became a standard thing to do.</span>
Answer:
The correct answer is letter "C": Dry-pipe sprinklers.
Explanation:
Dry-pipe sprinklers systems use pressurized nitrogen in front of fire emergencies where the closed pipe valves open. Compared to systems using water, for a data center, it will be better to use a dry system like this since computer devices damages will be reduced exponentially or in the worse scenario, there will be higher chances to recover the material on those devices.
Answer:
A Merchandising Company
Journal Entries:
Nov. 5:
Debit Inventory $6,000
Credit Accounts Payable $6,000
To record the purchase of 600 units of a product at a cost of $10 per unit, terms, 2/10, n/60.
Nov. 7:
Debit Accounts Payable $250
Credit Inventory $250
To record the return of 25 defective units.
Nov. 15:
Debit Accounts Payable $5,750
Credit Cash Discount $115
Credit Cash Account $5,635
To record payment on account.
Explanation:
The journal entries show the accounts affected by each transaction. Two or more accounts are usually affected. One account receives value and is debited and the other gives value, and it is credited.
The trade terms 2/10, n/60 implies that a cash discount of 2% on the outstanding balance exists for early settlement on account within 10 days and the credit period should not exceed 60 days or two months.
Demand is the amount of goods and services that an individual buys.
<h3>What is demand?</h3>
It should be noted that demand simply means the amount of goods and services that an individual buys at a particular price and at a given time.
b. The consumer currently demand a Chick-Fil-A sandwich as the amount equates to the price.
c. If Chick-Fil-A were to decrease the price on Chick-Fil-A sandwiches from $5 to $2.50 when the consumer arrives at the location, the quantity demanded will increase.
d. If the consumer now has $10 after finding $5 along their way to Chick-Fil-A, the quantity of Chick-Fil-A sandwich demand by the consumer assuming that the price of a Chick-Fil-A sandwich is stays constant at $5 will increase. This relates to the law of demand
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