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kolbaska11 [484]
3 years ago
15

A source for conducting formal research would include _____. a. observations b. interviews c. written reports d. personal ideas

Business
2 answers:
vlabodo [156]3 years ago
4 0

The correct answer is C. Written reports.

Written reports is  way of conducting research which is formed.

Formal research is termed as process which a new information is learnt for a purpose of understanding each other and ourselves.

Some of the characteristics of formal research include questions, finding answers, organizational and systematic.

Anna11 [10]3 years ago
3 0
The correct answer is C. Written Reports
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Gasoline and bicycles are complements in consumption. Suppose we increase the federal gasoline tax to $1 per gallon. What are th
dalvyx [7]

Answer: A

Explanation:

A complementary good is a product that is used together with another product. Without its complement, such a good will have little value. When there is increase in the price of a particular product, the demand of its complement reduces because consumers may not be able to use the complement on its own.

Complements have negative cross elasticity of demand i.e there is increase in the demand for a product when the price of its complement reduces. If bicycles and gasoline are complements, an increase in tax on gasoline will have a negative effect on the demand for bicycle. Due to the price increase of gasoline, less people will demand for bicycle. The initial change that will occur as a result of this is that as there is a price increase for gasoline, there will be a leftward shift in the demand for bicycle. This implies that less bicycle will be demanded for.

7 0
3 years ago
Libby Company purchased equipment by paying $6,700 cash on the purchase date and agreed to pay $6,700 every six months during th
vladimir1956 [14]

Answer:

The answer is $53,732.

Explanation:

The value of the equipment reported on Libby Company's balance sheet is equal to:

Cash payment at purchase + Present value of 8 equal semiannual payment, $6,700 each discounted at 3% ( because semiannual payment is made for 4 years so we have 2 x4 = 8 payments; and annual borrowing rate is 6% so we have discount rate = 6% /2 = 3%).

with:

Cash payment at purchase = $6,700;

Present value of 8 equal semiannual payment, $6,700 each discounted at 3% = (6,700/3%) x ( 1 - 1.03^(-8) ) = $47,032 ( that is, apply the formula to find present value of annuity).

we have:

The value of the equipment reported on Libby Company's balance sheet = 6,700 + 47,032 = $53,732.

5 0
2 years ago
In responsibility accounting, unit managers are evaluated only on things that they can:________
hammer [34]

Answer: have control over

Explanation:

Responsibility accounting is a system of accounting whereby responsibility centers are identified and the performance reports of such responsibility centers are prepared and analysed.

Responsibility accounting has to.do with the internal accounting for the responsibility center that the company has and their budgeting.

In responsibility accounting, unit managers are evaluated only on things that they can control or have control over.

7 0
2 years ago
Read 2 more answers
Panther Company's bookkeeper debited supplies expense for the cost of goods sold during that month. The bookkeeper discovered th
MakcuM [25]

Answer:

Cost of Goods Sold                                               Dr.

     To Supplies Expense

Explanation:

The journal entry for cost of goods sold should've been:

Cost of goods sold A/C                           Dr.

       To Purchases A/C

(Being cost of goods sold expense recorded)

The wrong entry passed has been:

Supplies expenses A/C                                           Dr.

      To Purchases A/C

The rectifying (correcting) journal entry should be:

Cost of Goods Sold A/c                                           Dr.

      To Supplies Expenses A/C

(Being rectification entry for cost of goods sold recorded)

Cost of goods sold is an expense and expenses should be debited.

At the same time, purchase being a nominal account, crediting it would reduce the purchases balance.

Supplies expense was wrongly debited so it has been credited to cancel out the effect.

7 0
3 years ago
Olivia asks several real estate agents to help her sell her house. A buyer is found. At the closing, no agent receives a commiss
STALIN [3.7K]

Answer: Open Listing

Explanation: The seller sold the real estate herself therefore she did not have to pay a commission.

8 0
2 years ago
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