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3 years ago

What is a determinant of demand that would cause demand to increase?

Business

1 answer:

Sladkaya [172]3 years ago

5 0

Answer:

Increase in income

Increase in price of substitutes

Change in taste

Explanation:

If income increases, the demand for a good rises as the amount of disposable income increases,

A substitute good is a good that can be used in place of another good. e.g. pen and pencils. If the price of a substitute (e.g. pens) increases, it becomes more expensive. Consumers would shift to the demanding pencils. As a result the demand for pencils would increase

A change in taste. For example, if an individual prefers pencils to pens. he would demand more of pencils and less of pend. As a result, the demand for pencils would increase

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All of the following are examples of a capital project EXCEPT

natta225 [31]

Answer:

Explanation:

purchasing ships to transport goods oversees

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3 years ago

you buy a 20-year bond with a coupon rate of 9.8% that has a yield to maturity of 10.8%. (Assume a face value of $1,000 and semi

riadik2000 [5.3K]

Answer:

5.25

Explanation:

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3 years ago

How do you plan to use financial statements in your projected financial statement analysis? Provide rationale for your approach.

kotykmax [81]

Answer:

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Cheers!

6 0

3 years ago

Required: a. Compute gross profit, the goods available for sale, and the cost of goods sold for the merchandiser. Hint: Not all

vivado [14]

Answer:

a. Good Available For Sale $21,900

b. Cost of goods sold $15,900

c. Gross profit $3,600

B. Net income for merchandise company $1650

Net income for service company $15600

Explanation:

A.Compution for gross profit, the goods available for sale, and the cost of goods sold for the merchandiser.

a. Good Available For Sale

Using this formula

Good available fro sale = Beginning inventory + Net purchase

Let plug in the formula

Good available fro sale = $10,000 + $11,900

Good available fro sale = $21,900

b. COST OF GOODS SOLD

Using this formula

Cost of goods sold = Goods available for sale - Ending inventory

Let plug in the formula

Cost of goods sold= $21,900 - $6000 =

Cost of goods sold= $15,900

c. GROSS PROFIT

Using this formula

Gross profit= Sales - COGS

Let plug in the formula

Gross profit = $19,500 - $15,900

Gross profit= $3,600

b.Computation for net income

Net income for merchandise company = Gross profit - Expenses = $3,600 - $1,950 = $1,650

Net income for service company = Revenue - Expenses = $24,000 - $8,400 = $15,600

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3 years ago

Hakara Company has been using direct labor costs as the basis for assigning overhead to its many products. Under this allocation

Anarel [89]

What are you asking in this question I’m just confused, could you write it in the comments

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3 years ago