Answer:
Price will increase and quantity will increase
Explanation:
When there is an increase in demand , there would be an outward shift of the demand curve while the supply curve would remain the same.
Demand would exceed supply and price would rise as a result.
Due to increased demand for houseplants, the supply of house plants would also increase.
I hope my answer helps you
Answer:
The question is not complete for instance the acquired franchise has a value of $561500 not $S61,600.
Find attached correct question.
From an accounting equation point of view,all the transactions including goodwill have been tabulated as found in the attached spreadsheet.
Also,the necessary amortizations taking note of when intangibles were acquired in the year have been computed in the attached as well.
Explanation:
Amortization is not calculated on research and development as the cost is expensed immediately and not capitalized.
Answer:
a. What do I need to do?
Explanation:
Prescriptive analytics can be defined as a type of data analysis model which typically comprises of descriptive data and forecasting techniques used for identifying the decisions that are most likely to yield an optimum or best performance.
This ultimately implies that, prescriptive analytics is a data analysis model that uses optimization techniques to identify and suggest decisions with the most effective and efficient results.
For example, prescribing an automobile car that is capable of finding the best route for a road trip.
In this context, a prescriptive data analytic type such as an analysis of strategic cost management would answer a question on "What do I need to do?"
If you intend investing an amount of money on a new business that you possibly do not have so much information on how its operations and market value, you could use a prescriptive data analysis to gain an insight into what you're required to do or actions you're expected to carry out in order to succeed.
Answer:
retained earnings at the beginning of the period plus net income minus dividends.
Explanation:
As we know that
The ending balance of retained earning = Beginning balance of retained earnings + net income earned - cash dividend paid
While calculating the ending balance, we added the net income and deduct the cash dividend paid to the beginning balance of retained earning account so that the ending retained earnings balance could come
Answer:
IBM
Journal entries at the inception of the lease
Date Account Titles & Explanation Debit Credit
January 1
Debit Accounts receivable (Sharon Swander Company) $182,000
Credit Leased Asset $182,000
To record the lease of the asset to Sharon Swander.
January 1
Debit Cash $35,685
Credit Accounts receivable (Sharon Swander Company) $35,685
To record the receipt of the first rental payment.
Explanation:
a) Data and Calculations:
Cost of equipment on lease = $182,000
Lease terms:
Lease period = 6 years
Annual rental payments = $35,685
Implicit interest rate = 7%
