Answer and Explanation:
The journal entries are shown below:
1. Cash Dr $175,000
To note payable $175,000
(being note payable is issued)
2. Interest expense Dr (8% of $175,000) $14,000
To interest payable $14,000
(being interest expense is recorded)
3. Interest payable $14,000
Note payable $29,830
To cash $43,830
(being cash paid is recorded)
4. Interest expense $6,253
To interest payable $6,253
(being interest expense is recorded)
5. Interest payable $6,253
Note payable $37,577
To cash $43,830
(being cash paid is recorded)
<u>Answer:</u>
a. The price of comparable Florida orange juice decreases.
a-a This would shift left and affect demand.
b. One hundred new fruit juice processing plants open in California.
b-a This would shift Right and affect demand
c. The price of a bottle increases significantly due to new government anti-shatter regulations.
c-a This would shift left and affect Demand
d. Researchers discover a new fruit juice processing technology that reduces production costs.
d-a This would shift right and affect demand
e. The average age of consumers increases, and younger people drink less orange juice
e-a This would shift left and affect demand
<u>Explanation:</u>
A state of market where market supply is equal to market demand thus understood as "market equilibrium". The price of equilibrium is the price of a good or service, if its supply is equal to the market demand for it.
A reduction in demand will trigger the price of the equilibrium to fall; the amount delivered will decrease. An increase in supply, unmodified for all other things, will provoke the price of equilibrium to fall; the amount requested will increase. While declining supply will cause the price of the equilibrium to rise; the demanded quantity will decrease.
Answer:
Accounting costs $145,000
Implicit costs $75,000
Opportunity costs $220,000
Explanation:
What her accounting cost will be during the first year of operation.
Based on the information given we were told that the annual overhead costs and operating expenses amounted to the amount of $145,000 which means that the amount of $145,000 will be the ACCOUNTING COSTS
Her IMPLICIT COSTS will be the amount of $75,000 which is the amount she earn in her current job per year.
Her OPPORTUNITY COSTS be the addition of both her Her accounting cost and implicit costs
Hence,
Opportunity cost=$145,000+$75,000
Opportunity cost=$220,000
Answer:
D. It involves analyzing relationships based on scientific data
Explanation:
Answer:
communication costs
Explanation:
Communication is critical for the success of a business. If the communication cost is high, then communication can become a hindrance to the success of business success. The costs associated with communication include fixed telephone, mobile phones cost, and internet access. Travel and venue cost that facilitates face-face meeting also adds to communication costs.
Businesses are embracing modern technology to cut down on their communication cost. Technology has increased the flow of internal and external communication. Magnet Dot is likely to grow as a business as customers can order for products over the internet.
