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2 years ago

What happens to the price of a good or service when a shortage of that good or service occurs?

Business

1 answer:

Pachacha [2.7K]2 years ago

8 0

Answer:

If shortage of goods and services occurs, obviously, the price will touch the sky, i. e. the price will increase twice or thrice the Real price...

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Justin and Edwardo were hired by the same network support firm. One year later, Edwardo receives a promotion to team leader. Jus

alexira [117]

Answer:

Team skills

Explanation:

Team skills are the qualities that enable one to work well with colleagues in projects and other collaborations. Having teamwork skills gives one the ability to work amicably with fellow workers, superiors, and clients.

Teamwork involves assisting the team in achieving its objectives quickly and efficiently. Employers favor employees who can lead a well-gelled team. Eduardo got the promotion because he was better with the team.

Some qualities of teamwork skills include.

Communication skills
Support skills
Problem-solving skills
Conflict resolution skill
Listens and feedback skill

7 0

3 years ago

Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months

Katen [24]

Answer:

Please see the attached Snapshot for a schedule showing service revenue receivable and below are the journal entries for the year 2013, 2014 and 2015 on Income Taxes.

Explanation:

1. 2013 Journal Entry

Alsup Consulting

Dated: December 31, 2013

Debit: Tax Expense $134,000

Debit: Deferred Tax Liability $4,000

Credit: Income Tax Payable $138,000

To record Income Tax Payable.

2. 2014 Journal Entry

Alsup Consulting

Dated: December 31, 2014

Debit: Tax Expense $108,000

Credit: Income Tax Payable $100,000

Credit: Deferred Tax Liability $8,000

To record Income Tax Payable.

3. 2015 Journal Entry

Alsup Consulting

Dated: December 31, 2015

Debit: Tax Expense $114,000

Debit: Deferred Tax Liability $10,000

Credit: Income Tax Payable $124,000

To record Income Tax Payable.

3 0

2 years ago

Which section in a CAR Residential Purchase Agreement shows who will pay the county transfer fee, HOA related fees, private tran

natka813 [3]

Answer:

Other Costs

Explanation:

8 0

3 years ago

Illustrate the effects of each of the transactions on the accounts and financial statements of Snipes Company.

Lesechka [4]

Answer:

Snipes Company

Effects of each transaction on the accounts and the financial statements of Snipes Company:

Balance Sheet Income Statement Statement of

Cash Flows

Assets = Liabilities + Equity Revenue - Expense = Profit

+ $18,250 = 0 + $18,250 + $18,250 - 0 + $18,250

Accounts receivable $18,250 Sales revenue $18,250

Assets = Liabilities + Equity Revenue - Expense = Profit

-$10,000 = 0 - $10,000 0 - $10,000

Cost of goods sold $10,000 Inventory $10,000

Assets = Liabilities + Equity Revenue - Expense = Profit

-$400 0 -$400 0 -$400 -$400 Operating activity

Transportation-out expense $400 Cash $400

Explanation:

a) Data and Analysis:

Accounts receivable $18,250 Sales revenue $18,250

Cost of goods sold $10,000 Inventory $10,000

Transportation-out expense $400 Cash $400

4 0

2 years ago

Sales tax is this type of tax because it represents a higher percentage of the income of lower income earners.

HACTEHA [7]

Answer is A. regressive tax

3 0

3 years ago