Answer:
move along upwards
shift out
shift in
Explanation:
A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.
Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :
When the price of corn increases, the quantity supplied of corn increases. this is in line with the law of supply.
according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
This would lead to a movement up along the supply curve
If the price of seed which is an input to corn decreases, it becomes cheaper to produce corn. As a result, the supply of corn would increase. this would lead to an outward shift of the supply curve.
If the number of grocery stores decreases, there would be a reduction in supply. As a result, the supply curve would shift inwards
Answer:
D. It will increase by 667 units.
Explanation:
The calculation of break-even point is shown below:-
Contribution Per Unit (before increase in Variable Cost) = Unit sale price - Unit Variable Cost
= $55 - $30
= $25
Break-Even (Units) = Fixed Cost ÷ Division Contribution per unit
= $25,000 ÷ $25
= 1,000
New Variable Cost per unit = $30 + $10 (Increase in Direct material cost) = $40
Selling Price = $55
New Contribution per unit = $55 - $40 = $15
New Break-Even (Units) = Fixed Cost ÷ New Contribution per unit
= $25,000 ÷ $15
= 1,667
Increase in Break-Even Units(after increase in D.M cost) = New Break even point - Old Break even point
= 1,667 - 1,000 units
= 667 units
Therefore, The Break even points units will increase by 667 units, if the D.M cost increases by $10 per unit.
Answer: i’m pretty sure it’s true.
Explanation:
a change in the way they act towards you is an example.
The statement "it's always immediately obvious when boundaries are crossed in a relationship" is false.
Boundaries being crossed in a relationship can often be subtle and gradually escalate over time.
The statement "it's always immediately obvious when boundaries are crossed in a relationship" is false.
Boundaries being crossed in a relationship can often be subtle and gradually escalate over time, making it difficult to recognize the signs.
Sometimes, people may not even be aware that their boundaries have been violated. Additionally, cultural and societal norms can influence how boundaries are perceived.
It is important to establish and communicate boundaries in relationships, as well as to be aware of any signs of boundary violations, such as feeling uncomfortable, disrespected, or manipulated.
#SPJ3
consumers, in your supply chain. Use the module content and Better Business to explain the steps i
the process, in four to five sentences minimum.
HTML Editora
Answer:
The points are as follows:-
1. Their preparations must be successful, and their implementation from the highest to the lowest managerial level is necessary.
2.We need to handle the whole project schedule acquisition process.
3.They ought to manage the sales contract for the finished product and the materials and machinery.
4.Prepare its manual data or auto-metrically produced purchase agreement from the line as well as from the planning process.
Cash 31 Kelly Pitney, Capital 12 Accounts Receivable 32 Kelly Pitney, Drawing 14 Supplies 33 Income Summary 15 Prepaid Rent 41 Fees Earned 16 Prepaid Insurance 51 Salary Expense 52 Rent Expense 18 Office Equipment 19 Accumulated Depreciation 53 Supplies Expense 21 Accounts Payable 54 Depreciation Expense 55 Insurance Expense 22 Salaries Payable 23 Unearned Fees 59 Miscellaneous Expense
Required:
Journalize each of the May transactions using Kelly Consulting's chart of accounts. (Do not insert the account numbers in the Post. Ref. column of the journal at this time.) For a compound transaction, if an amount box does not require an entry, leave it blank.
Answer:
The May transactions are:
May 5: Received cash from clients on account, $2,450.
May 9: Paid cash for a newspaper advertisement, $225.
May 13: Paid Office Station Co. for part of the debt incurred on April 5, $640.
May 15: Recorded services provided on account for the period May 1-15, $9,180.
May 16: Paid part-time receptionist for two weeks' salary including the amount owed on April 30, $750.
May 17: Recorded cash from cash clients for fees earned during the period May 1-16, $8,360.
May 20: Purchased supplies on account, $735.
May 21: Recorded services provided on account for the period May 16-20, $4,820.
May 25: Recorded cash from cash clients for fees earned for the period May 17-23, $7,900.
May 27: Received cash from clients on account, $9,520.
May 28: Paid part-time receptionist for two weeks' salary, $750.
May 30: Paid telephone bill for May, $260.
May 31: Paid electricity bill for May, $810.
May 31: Recorded cash from cash clients for fees earned for the period May 26-31, $3,300.
May 31: Recorded services provided on account for the remainder of May, $2,650.
May 31: Kelly withdrew $10,500 for personal use.
Solution:
Kelly Pitney
General Journal:
May 3:
Debit Cash $4,500
Credit Unearned Fees $4,500
To record advance payment for services.
May 5:
Debit Cash $2,450
Credit Accounts Receivable $2,450
To record cash receipt on account.
May 9:
Debit Miscellaneous Expense $225
Credit Cash $225
To record cash paid for a newspaper advertisement.
May 13:
Debit Accounts Payable $640
Credit Cash $640
To record part debt settlement to Office Station Co.
May 15:
Debit Accounts Receivable $9,180
Credit Fees Earned $9,180
To record services provided to clients on account, May 1 to 15.
May 16:
Debit Salaries Payable $750
Credit Cash $750
To record salaries paid.
May 17:
Debit Cash $8,360
Credit Fees Earned $8,360
To record cash receipt from clients for fees earned, May 1 to 16.
May 20:
Debit Supplies $735
Credit Accounts Payable $735
To record supplies purchased on account.
May 21:
Debit Accounts Receivable $4,820
Credit Fees Earned $4,820
To record fees earned, May 16 - 20.
May 25:
Debit Cash $7,900
Credit Fees Earned $7,900
To record cash receipt from clients for fees earned, May 17 - 23.
May 27:
Debit Cash $9,520
Credit Accounts Receivable $9,520
To record cash receipt from clients on account.
May 28:
Debit Salaries Payable $750
Credit Cash $750
To record salary paid.
May 30:
Debit Miscellaneous Expense $260
Credit Cash $260
To record payment of telephone bill for May.
May 31:
Debit Miscellaneous Expense $810
Credit Cash $810
To record electricity bill for May paid.
May 31:
Debit Cash $3,300
Credit Earned Fees $3,300
To record cash receipts from clients for May 26 - 31.
May 31:
Debit Accounts Receivable $2,650
Credit Fees Earned $2,650
To record fees earned for services on account.
May 31:
Debit Kelly Pitney, Drawing $10,500
Credit Cash $10,500
To record drawing for personal use.
Explanation:
The general journal is an important accounting tool that helps to record transactions as they occur daily. It identifies the two accounts involved in each transaction, which should be debited or credited as the case may be.
The account that is debited is the account that receives value. The account that is credited the account that gives value. Sometimes, for each business transaction or event more than two accounts are involved.
It is from the general journal that transactions are posted to the general ledger. The general ledger is a book that records transactions affecting all the accounts. It is not necessarily in a physical book form.
Answer:
*May 16
Salaries Expense: Debit 630
Salaries Payable: Debit 120
Cash: Credit 750
Explanation:
The salaries payable is equaled to $120 as states in the balance sheet. To find the salaries expense, subtract the cash and the salaries payable.
( 750 - 120 = 630 )
Answer:
5.56%
Explanation:
Computation for holding-period return
Using this formula
Holding-period return =(Stock sales- Purchased Share + Dividend)/Purchased share
Let plug in the formula
Where,
Stock sales=92
Purchased Share=90
Dividend=3
Holding-period return=(92 - 90 + 3) / 90
Holding-period return=5/90
Holding-period return=0.0556×100
Holding-period return= 5.56%
Therefore the Holding-period return will be 5.56%
B. 27.27 27.27%
C. 72.73 72.73%
D. 100.00%