3 years ago

Products whose demand rises when another product’s price increases are called

Business

1 answer:

Ludmilka [50]3 years ago

3 0

Products whose demand rises when another product's price increases are called: Substitute goods

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‼️‼️ Which of the following statements about international business is the most

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3 years ago

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On August 2, Jun Co. receives a $6,000, 90-day, 12% note from customer Ryan Albany as payment on his $6,000 account receivable.

earnstyle [38]

Answer:

The journal entry for the following economic activity is given below.

Explanation:

Interest revenue = 6000*12% * 91/360 = 182

Date Account Title Dr Cr

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3 years ago

The following information relates to the pension plan for the employees of Turner Co.: 1/1/20 12/31/20 12/31/21 Projected benefi

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The amount of AOCI (net gain) amortized in 2021 is $26,250

Explanation:

In order to calculate the calculate the amount of AOCI (net gain) amortized in 2021 we would have to use the following formula:

amount of AOCI (net gain) amortized in 2021=(AOCI net gain 12/31/20-Corridor amount for 2021)/Average remaining service life

AOCI net gain 12/31/20=$1,512,000

Corridor amount for 2021=$1,092,000=10,920,000*10%

Average remaining service life=16

Therefore, AOCI (net gain) amortized in 2021=($1,512,000-$1,092,000)/16

AOCI (net gain) amortized in 2021=$26,250

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3 years ago

Your portfolio is comprised of 30 percent of stock X, 25 percent of stock Y, and 45 percent of stock Z. Stock X has a beta of 1.

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The beta of your portfolio is 0.9045

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