Answer:
Debit: $300
Credit: $300
Explanation:
See attached picture for explanation.
Being free of germs.
Definition:Relating to the conditions that affect hygiene and health, especially the supply of sewage facilities and clean drinking water.
Answer:
Penguin patties and kipples should be advertise together.
Explanation:
The cross-price elasticity formula is:
CPE= % Δq of good A/ %Δp of good B
The CPE of penguin patties and raskels is:
CPE= -22%/-20%
CPE= 1.1
If the CPE is positive, then both goods are substitutes, which means that an increase in price of on good will affect positively the quantity demanded for the other good.
The CPE of penguin patties and kipples:
CPE= 7%/-20%
CPE=-0.35
If the CPE is negative, then both goods are complementary, which means that an increase in price of one good will affect negatively de quantity demanded for the other good.
You should advertise complementary goods together because both could be positively benefited by advertising. If the demand for good A increases, it is probable that the demand for good B increases too. If you advertise substitute goods, people will always prefer one, then the advertising will only be effective for one of the good but not for both.
Answer:
$100
Explanation:
Simple interest is calculated using the formula
I = P x R x T
where I = interest
P= principal amount, $1,250
R= interest rate , 8% or 0.08
T = Time, one year
The interest troy will earn is
I= $1250 x 0.08 x 1
= $100
Troy will earn $100 as interest
Answer:
$0.00
Explanation:
LICC company issued the share and gave them to the officer, ABLE. During the same year, the condition on the stock is met to sell them, and ABLE exercises this option. LICC custody of the stock ends when the condition is met and ABLE can sell the shares.
These stocks belong to ABLE and selling these shares will impact their income tax, not the company. ABLE is a different tax-subject than LICC. Thus, LICC income taxes do not absorb the gain on sale in this transaction.