According to the law of demand, quantity demanded decreases as _______

A state government reported a $9,000 increase in net position in the motor pool internal service fund, a $12,000 increase in net

Anastaziya [24]

Answer: $12,000

Explanation:

Only the $12,000 will be reported in Statement of Activities ( the financial statement used to report revenues and expenses for governmental and business-type activities) as a change in net position for business-type activities.

Why?

The Water Entreprise Fund is the only listed fund type listed that would fall under BUSINESS TYPE because it is an ENTREPRISE Fund. The Motor Pool Internal Service falls under GOVERNMENT ACTIVITIES and the Pension Find is only displayed in the Fund Financial Statements.

Because the Water Entreprise Fund is the only fund here concerned with BUSINESS TYPE activities, it's rise by $12,000 is what will be reported as the Net Change.

8 0

3 years ago

Correctly complete the following statement. We may be more likely to consider using qualitative forecasting techniques when Sele

Nostrana [21]

Answer:

b

Explanation:

There are two types of forecasting method

1. Qualitative forecasting

2. Quantitative forecasting

Qualitative forecasting can be described as when subjective judgement or non quantifiable information in forecasting.

When is qualitative forecasting suitable ?

It is used when historical data in unavailable.
this method is suitable when it is predicted that future result would depart from what historical data may suggest

Advantages of Qualitative forecasting

it is flexible
It can be used when data available is ambiguous or unclear

Disadvantage of Qualitative forecasting 

It is subjective.

Quantitative forecasting can be described as forecasting using historical data

3 0

2 years ago

The amounts of money you can make on a college savings plan investment is dependent on

Oliga [24]

That would be the market performance of an investment.

4 0

3 years ago

Hinge Manufacturing's cost of goods sold is $420,000 variable and $240,000 fixed. Thecompany's selling and administrative expens

MrRissso [65]

Answer:

Contribution margin= $960,000

Explanation:

Giving the following information:

Hinge Manufacturing's:

Cost of goods sold variable= $420,000

Cost of goods sold fixed= $240,000

The company's selling and administrative expenses are $300,000

variable and $360,000fixed.

If the company's sales are $1,680,000

Sales= 1680000

Variable cost of goods sold= 420000

Variable selling and administrative expenses=300000

Contribution margin= $960,000

8 0

2 years ago

which of the following items is qualitative?-cost of a new machine-depreciation of existing machine-book value of the existing m

trapecia [35]

Answer: Statement D

Explanation: Qualitative characteristics are those characteristics the values of which cannot be calculated appropriately and the one that cannot be recorded in the books as they do not have any quantitative value.

In the given problem cost of machine at which it is purchased is its value, Depreciation is the value of original cost which has been used and amount at which the machine used can be sold is its value.

Hence among all the options Option D shows qualitative characteristics.

6 0

3 years ago

According to the law of​ demand, quantity demanded decreases as​ ________, ceteris paribus.

According to the law of demand, quantity demanded decreases as ________, ceteris paribus.