Answer:
Debit Supplies $350, credit Cash $350
Explanation:
The journal entry for the purchase of supplies is shown below:
Office supplies A/c Dr $350
To Cash A/c $350
(Being the office supplies are purchased for cash)
Since the office supplies are purchased for cash which means the supplies are increased and the cash balance is decreased.
That's why we debited the supplies account and credited the cash account.
You would have to divide the number of bushels by the price.
Answer:
(a) p = $ per lb
p = $2.12 per lb
(b) q = lb (c)
q = $23320
Explanation:
p=750000/q^1.5=>
p'=-1125000q^(-2.5)<0 always
=>p is decreasing with the
increasing of q. So q should take
the allowable least value=5000.
=>
(a) the charge= 750000/(5000)^1.5= $2.12/lb
(b)The max. revenue=
q = lb (c) = 2.12(5000)= $23320
Answer:
The answer is narrower competitive scope.
Explanation:
In a narrow competitive scope, a business might choose a focus strategy which can be oriented to cost leadership or differentiation. When implementing a focus strategy, the company chooses to only produce goods or provide services to a certain segment of people. In a cost leadership strategy, the business might choose to engage on initiatives that would lead it to be identified from its ability to provide the lowest possible price for its target segment. When choosing a differentiation strategy instead, the company’s competitive advantage would be its ability to provide a wide range of products.
If student and course participate, that relationship is called a Binary Relationship
Explanation:
Binary Entity:
it can be defined as the relationship between 2 different entities.
The binary entity is of 3 types namely
- one to one (eg: person and diving license)
- one to many ( eg: project and employee )
- many to many (eg: student and books)
The binary of teacher and subject can be explained by
<em>teacher</em> → teaches → <em>subject</em>
