In the question above, Walt asks for 10 gallons of gas while Jessie asks for $10 worth of gas. In both the cases, the drivers need gas but Walt is concerned about the quantity of gas and Jessie is concerned about the price of the gas.
In case of Walt, the price elasticity of demand is zero because he want 10 gallons of gas regardless of the price of gas per gallon. While in case of Jessie, the price elasticity of demand is one because he wants to buy gas worth $10, no matter what is the price of the gas per gallon.
Answer:
$1.49 per share
Explanation:
The calculation of diluted earnings per share is given below:-
Diluted shares outstanding= $200,000 + 12,000 × ($36 - $30) ÷ 36
= $200,000 + 12,000 × 6 ÷ 36
= $200,000 + 2,000
= $202,000
Diluted earnings per share = Net income ÷ Diluted shares outstanding
= $300,000 ÷ $202,000
= $1.49 per share
Therefore for computing the diluted earnings per share we simply divide the net income by diluted shares outstanding.
Answer:
See explanation section.
Explanation:
Journal entries
A. April 4, Account receivable Debit $5,000
Sales Revenue Credit $5,000
Note: As the seller uses periodic inventory system, the seller will deduct the discount only after meeting the terms. It does not have to give cost of good sold journal.
B. April 5, Customer refund payable Debit $500
Cash Credit $500
Note: As the seller refunds to the customer, cash become credit.
Answer:
"Threaten to always accommodate" is the correct choice.
Explanation:
- As we acknowledge accommodation seems to be the phase wherein we change current understanding in anything other than a sense that new information of interest is integrated.
- And then we can tell whether Mattie won't try to compromise Irene and will therefore surely consider to "intimidate to accommodate" Irene throughout all times. Accommodate means, for example, introducing a piece of different information about what another person asks mother in some kind of a railway station what it's really. Mother says this is train and starts running on what seems like a device like buses running on roadways.