On March 1, 2017, Eckert and Kelley formed a partnership. Eckert contributed $82,500 cash and Kelley contributed land valued at $60,000 and a building valued at $100,000. The partnership also assumed responsibility for Kelley’s $92,500 long-term note payable associated with the land and building. The partners agreed to share income as follows: Eckert is to receive an annual salary allowance of $25,000, both are to receive an annual interest allowance of 10% of their beginning-year capital investment, and any remaining income or loss is to be shared equally. On October 20, 2017, Eckert withdrew $34,000 cash and Kelley withdrew $20,000 cash. After the adjusting and closing entries are made to the revenue and expense accounts at December 31, 2017, the Income Summary account had a credit balance of $90,000.Required:1a. & 1b. Prepare journal entries to record the partners' initial capital investments and their subsequent cash withdrawals.1c. Determine the partners’ shares of income, and then prepare journal entries to close Income Summary and the partners' Withdrawals accounts.2. Determine the balances of the partners' capital accounts as of December 31, 2017.

Answers

Answer 1

Answer:

Eckert and Kelley Partnership

1 Journal Entries:

Debit Cash $82,500

Credit Eckert, Capital $82,500

To record the contribution made by the partner.

Debit Land $60,000

Debit Building $100,000

Credit Long-term note payable $92,500

Credit Kelley, Capital $67,500

To record the contribution made by the partner.

Debit Income Summary $90,000

Credit Eckert, Capital $58,250

Credit Kelley, Capital $31,750

To record the sharing of net income by partners.

Debit Eckert, Capital $34,000

Credit Cash $34,000

To close cash withdrawal by Eckert to the capital account.

Debit Kelley, Capital $20,000

Credit Cash $20,000

To close cash withdrawal by Kelley to the capital account.

2. Balances of the Partners' Capital Accounts as of December 31, 2017:

                                           Eckert      Kelley

Balances                        $106,750   $79,250

Explanation:

a) Data and Calculations:

                                               Eckert     Kelley

Capital contributions:

Cash                                   $82,500

Land                                                   $60,000

Building                                              100,000

Long-term note payable                   (92,500)

Assets' bases                  $82,500  $67,500

Annual salary allowance  25,000

Annual interest allowance 8,250       6,750

Cash drawings                 34,000    20,000

Net income at December 31, 2017 = $90,000

Sharing of net income:

                                               Eckert     Kelley       Total

Annual salary allowance  25,000                       $25,000

Annual interest allowance 8,250       6,750         15,000

Sharing of profit (1:1)        25,000     25,000        50,000

Total                               $58,250    $31,750     $90,000

Analysis:

Cash $82,500 Eckert, Capital $82,500

Land $60,000 Building $100,000 Long-term note payable                   $92,500 Kelley, Capital $67,500

Eckert, Capital $34,000 Cash $34,000

Kelley, Capital $20,000 Cash $20,000

Income Summary $90,000 Eckert, Capital $58,250 Kelley, Capital $31,750

Balances of the Partners' Capital Accounts as of December 31, 2017:

                                           Eckert      Kelley

Assets' bases                  $82,500   $67,500

Income summary              58,250       31,750

Cash withdrawals            (34,000)    (20,000)

Balances                        $106,750   $79,250


Related Questions

For many types of service organizations such as hospitals, banks and airlines, the primary cost of operations is:

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Labour costs.

b) Coping with obsolescence that results from the rapid pace of technological change.

c) Insurance and legal expenses.

d) Establishing and maintaining a presence on the Internet.

And the correct answer is the option A: Labour costs.

Explanation:

To begin with, most of those organizations that work in the services industry tend to have not so many costs as the ones that work for the production industry where the companies have to deal with so many commodities, materials and more. Therefore that, althought that the services companies still have to deal with marketing expenses like publicity and others like insuraces, the most important cost for the companies in the services industry are the labour costs due the big amount of employees that those kind of companies hire in the market.

You are at the checkout counter at the local supermarket, use your debit card to pay for your groceries, and select "debit" when the cashier asks "Debit or credit?" Where does the money for this purchase come from?

Answers

Answer:

the Money comes from my savings account (Bank account)

Explanation:

the debit means that the money that we use is ours.

the credit means that the money is lent to us by the bank which we have gotten the card from. Choosing debit means that the money being spent comes from our own bank account.

The money for the transaction comes immediately from your checking account when you choose "debit" at the checkout line and use your debit card to pay for your groceries. Your bank account and the debit card are connected, so whenever you make a transaction, money is promptly taken out of your account and sent to the merchant's account. Using a credit card, in contrast, requires you to borrow money from a lender and then pay it back with interest.

Match the distribution type to its description.
Distribution center
Fulfillment center


Temporary storage
Long-term storage

Match the distribution type to its description.Distribution centerFulfillment centerTemporary storageLong-term

Answers

Each of the distribution type should be matched to its description as follows;

Distribution center → Long-term storage.

Fulfillment center  → Temporary storage.

What is supply chain management?

In Business, supply chain management can be defined as an effective and efficient management of the supply, distribution, or flow of goods and services, as well as all of the production processes that are involved in the transformation of raw materials into finished products, in order to meet the insatiable want and need of the consumers on a timely basis.

This ultimately implies that, the supply chain management (SCM) simply refers to a strategic process which encompasses all of the activities that are associated with planning, innovation, execution, frequent communications, distribution, and supply of finished goods and services to the consumers on a timely basis.

What is a fulfillment center?

A fulfillment center is also referred to as a packaging warehouse and it can be defined as a portion of the supply chain which primarily serves as the central hub for all logistics processes that are required to get a product (good) from the seller to the consumer (buyer).

In conclusion, the products that are stored in a fulfillment center is usually for a short period of time (short-term) because they are volatile while the products that are stored in a distribution center is for a long period of time (long-term).

Read more on supply chain management here: brainly.com/question/25160870

#SPJ1

Explain project teams

Answers

Answer:

A project team is a team whose members usually[quantify] belong to different groups, have different functions and are assigned by the project manager to activities for the same project. A team can be divided[by whom?] into sub-teams according to need. Usually project teams are only used[by whom?] for a defined period of time. They are disbanded[by whom?] after the project is deemed[by whom?] complete. Due to the nature of the specific formation and disbandment, project teams are usually in organizations.

Explanation:

mark me as brainliest

What do researchers mean by "secondary data"? A. Data collected specifically for the researcher's own study B. Information from research already conducted for another purpose C. Data collected after any research to gather primary data D. Data considered less important than primary data ​

Answers

Answer:

B. Information from research already conducted for another purpose

Explanation:

borrowers choosing an adjustable rate mortgage

borrowers choosing an adjustable rate mortgage

Answers

Answer:

C. Often pay a lower interest rate during the first few years.

Explanation:

I just took the quiz and got it right.

Borrowers choosing an adjustable-rate mortgage: because they often pay a lower interest rate during the first few years.  The correct option is C.

The borrowers mostly have an initial fixed-rate period, which is usually a few years when they choose an adjustable-rate mortgage (ARM). At the initial period, the interest rate on the debt remains as fixed and is lower as compared to a fixed-rate mortgage. This lower interest rate can be helpful for borrowers in the early years of the mortgage.

As a result, borrowers who choose an adjustable-rate mortgage mostly gets benefit from paying a lower interest rate during the first few years of the loan.

Thus, the ideal selection is option C.

Learn more about adjustable-rate mortgage here:

https://brainly.com/question/29786117

#SPJ6

The complete question might be:

Borrowers choosing an adjustable-rate mortgage:

a) pay a higher interest rate during the first few years.

b) are often forced to sell their homes after the first year.

c) often pay a lower interest rate during the first few years.

d) agree to accept no risk when borrowing money.

question 1 :critically evaluate potential barriers that businesses may face experience that could affect its intercultural communication

Answers

Potential barriers that businesses may face in intercultural communication include language differences, cultural differences, stereotypes, prejudice and discrimination, and differing communication styles.

Why it is?

Intercultural communication involves interaction between individuals from different cultures, languages, and backgrounds. As such, potential barriers can arise due to differences in communication styles, beliefs, and values. These barriers can have negative impacts on businesses, including lost opportunities, miscommunication, and cultural misunderstandings that can harm business relationships.

Therefore, it is crucial for businesses to be aware of potential barriers and implement strategies to overcome them in order to effectively communicate and operate in a diverse and globalized market.

To know more about Business related question visit:

https://brainly.com/question/15826679

#SPJ1

Presented below are long-term liability items for Pharoah Company at December 31, 2020. Bonds payable, due 2022 $625,000 Lease liability 60,000 Notes payable, due 2025 70,000 Discount on bonds payable 46,875 Prepare the long-term liabilities section of the balance sheet for Pharoah Company. (Enter account name only and do not provide descriptive information.)

Answers

Answer:

See explanation

Explanation:

Consider liabilities due within period of more than 12 months for the long-term liabilities section of the balance sheet.

. Write short note on any three (3) of the following a. Programme decision b. Non-Programme decision c. Decision matrix​

Answers

Programme decision: A program decision is a decision that affects or is affected by a program, and may be a decision to implement, modify, or terminate a program.

Non-programme decision: A non-program decision is a decision that is not related to a program, and may include decisions related to policies, procedures, operations, staffing, and resources.

Decision matrix: A decision matrix is a tool that is used to evaluate and prioritize options based on a set of criteria.

Programme decision: A program decision is a decision that affects or is affected by a program, and may be a decision to implement, modify, or terminate a program. These decisions are often made at the strategic level, and have a significant impact on the organization's mission, goals, and objectives. Non-programme decision: A non-program decision is a decision that is not related to a program, and may include decisions related to policies, procedures, operations, staffing, and resources. These decisions are often made at the operational level, and have a direct impact on the day-to-day operations of the organization. Decision matrix: A decision matrix is a tool that is used to evaluate and prioritize options based on a set of criteria. The matrix provides a visual representation of the decision-making process, and can be used to compare options based on their relative strengths and weaknesses. The decision matrix can be used to facilitate group decision-making, and can help to ensure that decisions are based on objective criteria rather than personal biases or preferences.

For more such questions on terminate

https://brainly.com/question/28541371

#SPJ8

WHAT CAN SUCCESS IN SELLING DO FOR YOU? When it comes to higher income; learning techniques in professional selling can do many personal things for you. There are 3 false statements below.

1. Dealing with customers is more exciting that the routine work involved in most other jobs.

2. Selling brings out the best in your personality. 3. Salespeople are made, not born; if you don't plan and work hard, you'll never be exceptional at

selling 4. Very few executives start out as salespeople.

5. Those good at selling can often quickly improve their income.

6. Learning to sell now will help you succeed in any job in the future. 7. In your first sales job, what you leam can be more important that what you earn.

8. Selling is less demanding than other jobs.

9. You have less freedom in most selling positions.

10. Smile uses fewer muscle than a frown.

After choosing state why it is false.

Answers

Answer:

I'm not quite sure of this question cuz I'm not you know

A description of your specific goals. Consider addressing the financial
discussion process as part of this section, what have you learned
from your peers?

Answers

A crucial part of this process is understanding the financial discussion, including the financial planning process, to ensure that your goals are attainable and sustainable in the long term.

Additionally, learning from peers and experts in the field can provide valuable insights into effective goal-setting strategies and financial planning methods. To start, specific goals must be measurable and realistic to achieve. Setting a goal to save $10,000 in a year is a good example of a specific goal that is achievable.

As part of the financial discussion process, it is essential to analyze your current financial situation and determine how much money you have available to invest in your goal. A personal budget is an excellent tool for this task. Budgeting helps to track your income and expenses to get an accurate picture of your financial situation. Once you have established your goals and analyzed your finances, you can begin to determine how to allocate your resources to achieve your goals.

Peer learning can be a valuable tool to gain insights into the best strategies for achieving financial goals. For example, a peer may have successfully paid off their student loans using a specific strategy that you could adopt or modify to suit your financial goals.

In conclusion, setting specific goals requires a clear understanding of your current financial situation, including income, expenses, and financial assets. Developing effective strategies and leveraging the insights gained from peers can help you achieve your goals. The financial discussion process helps to ensure that your goals are sustainable and realistic to achieve in the long term.

Know more about Financial planning process here:

https://brainly.com/question/1985202

#SPJ8

The environment of business impacts all of the other environmental influences

Answers

Explanation:

The global environment affects all of the other environmental influences such as the economic, legal, and social environments because: the increase in free trade among nations and technological changes have created globalization and increased competition.

hope it will help you

the median of four numbers is 63.the three of the numbers are 60,62 and 92 what is the missing number ​

Answers

Answer: 64

Explanation:

To find the median of a number, we have to arrange the numbers that are given in either ascending or descending order.

In this case there are 4 numbers, let the fourth number be x, therefore the numbers will be:

60, 62, x and 92.

Since they are four numbers, the median will be the addition of the 2nd and 3rd number and then divided by 2. This will be:

(62 + x) / 2 = 63

62 + x = 126

x = 126 - 62

x = 64

The missing number is 64

Why south African post office taking private courier companies to court

Answers

Answer:

the south Africa post office (SAPO)

QUESTION 1 Explain to the owners of Miss K the concepts of the product line depth and product line breadth using practical examples relating to the 40Foods Distributors case study (2 marks will be awarded for the theoretical discussion and 2 marks for the practical examples relating to the case study

Answers

The concepts of the product line depth and product line breadth using practical examples relating to the 40Foods Distributors.

The product line refers to the number of products that a company offers within a particular product line

The product line depth and product line breadth are two important concepts in product management.

In the case of 40Foods Distributors, product line depth can be in the variety of products offered within each product line.

In the 40 Foods distributors, the product lines for dairy, bakery, meat, frozen foods, and other grocery items.

Therefore, the product line depth and product line breadth are two important concepts in product management.

To know more about product line here,

https://brainly.com/question/27499240

#SPJ1

The _____
states that employees are allowed to take up to twelve weeks of unpaid leave if a serious health condition affects the employee.

Answers

Employee number number one is not

The study of the role consumers play in a economic system is called what

Answers

Answer: Can i get OWA OWA

Explanation:

⦁ Give me an example of how you have demonstrated safe work practices.

Answers

An example of safe work practices is cleaning and maintaining equipment and tools.

Safe work procedures are instructions on how to execute work in a safe manner and are essential for all hazardous jobs performed at your business. They identify dangers and explain what has to be done to remove or reduce risks.

Cleaning and maintaining equipment and tools properly can help to avoid accidents and injuries, as well as costly repairs. One method is to keep a cleaning and maintenance routine. Make a record of all equipment in use, noting important areas that require inspection.

Therefore, maintenance of equipment is how we can demonstrate  safe work practices.

To learn more on safe work practices, here:

https://brainly.com/question/3021815

#SPJ1

Equipment and tool maintenance and cleaning are two examples of safe work practices.

All hazardous operations carried out at your company must follow safe work procedures, which are guidelines for how to carry out work in a safe manner. They point out risks and describe what has to be done to eliminate or lessen them.

Proper equipment and tool maintenance can reduce the risk of accidents, injuries, and expensive repairs. Maintaining a cleaning and maintenance schedule is one strategy. Make a list of all the equipment that is in use, noting any crucial locations that need inspection.

As a result, maintaining the equipment is how we can show safe working practices.

Learn more about safe work practices here:

https://brainly.com/question/3021815

#SPJ1

Which of the following currencies is not/are not a hard currency?* Euro O CHF RMB O CDS GBP Both b and c Both c and d​

Answers

Examples of some of the most prominent hard currencies are listed below: The U.S. dollar (USD) The euro (EUR) ... The Australian dollar (AUD)

908 25. द्वितीय लेखाविधि तथा विश्लेषण Nuwakot Consultancy was organized on June 2, 2019, by a group of accountants to provide accounting and tax services to small businesses in Kathmandu. The following transactions occurred during the first month of business. June 2 June 5 June 8 June 15 June 17 June 23 June 28 June 29 Received contributions of Rs. 10,000 from each of the three owners of the business is exchange for shares of stock. Purchased a computer system for Rs. 12,000. The agreement with the vendor requires a down payment of Rs. 2,500 with the balance in 60 days. Signed a two-year promissory note at the bank and received cash of Rs. 20,000. Billed Rs. 12,350 to clients for the first-half of June. Paid a Rs. 900 bill from the local newspaper for advertising for the month of June. Received the amounts billed to clients for services performed during the first half of the month. Received and paid gas, electric, and water bills. The amount is Rs. 2,700. Received the landlord's bill for Rs. 2,200 for rent on the office space that Nano Consultancy leases. The bill is payable by the 10th of the following month. Paid salaries and wages for June. The total amount is Rs. 5,670. Billed Rs. 18,400 to clients for the second half. Declared and paid dividends in the amount of Rs. 6,000. June 30 June 30 June 30 Required: (a) Journal entries on the books of Nuwakot Consultancy. (For the transactions entered into during the month. Ignore depreciation and interest expenses). (b) Post the transactions into T-accounts. (c) A trial balance at June 30, 2019.​

Answers

1. The Journal Entries on the books of Nuwakot Consultancy for the June Transactions are as follows:

Journal Entries:

Date    Transactions                          Debit       Credit

June 2 Cash                               Rs. 30,000

Common Stock                                            Rs. 30,000

June 5 Computer                      Rs. 12,000

Cash                                                               Rs. 2,500

Accounts Payable                                         Rs. 9,500

June 8 Cash                            Rs. 20,000

Notes Payable                                            Rs. 20,000

June 15 Accounts Receivable Rs. 12,350

Service Revenue                                        Rs. 12,350

June 17 Advertising Expense     Rs. 900

Cash                                                                Rs. 900

June 23 Cash                          Rs. 12,350

Accounts Receivable                                Rs. 12,350

June 28 Utility Expense           Rs. 2,700

Cash                                                            Rs. 2,700

June 29 Rent Expense            Rs. 2,200

Rent Payable                                             Rs. 2,200

June 30 Salaries &

   Wages Expense                  Rs. 5,670

Cash                                                          Rs. 5,670

June 30 Accounts Receivable Rs. 18,400

Service Revenue                                   Rs. 18,400

June 30 Dividends                Rs. 6,000

Cash                                                       Rs. 6,000

2. The Posting of the transactions into T-accounts is as follows:

Cash Account

Date    Transactions                          Debit       Credit

June 2 Common Stock             Rs. 30,000

June 5 Computer                                              Rs. 2,500

June 8 Notes Payable             Rs. 20,000

June 17 Advertising Expense                             Rs. 900

June 23 Accounts Receivable Rs. 12,350

June 28 Utility Expense                                  Rs. 2,700

June 30 Salaries and Wages Expense          Rs. 5,670

June 30 Dividends                                         Rs. 6,000

June 30 Balance                                           Rs. 44,580

                                               Rs. 62,350    Rs. 62,350

Common Stock

Date    Transactions                          Debit       Credit

June 2 Cash                                               Rs. 30,000

Computer

Date    Transactions                          Debit       Credit

June 5 Cash                              Rs. 2,500

June 5 Accounts Payable        Rs. 9,500

June 30 Balance                                        Rs. 12,000

Accounts Payable

Date    Transactions                          Debit       Credit

June 5 Computer                                        Rs. 9,500

Notes Payable

Date    Transactions                          Debit       Credit

June 8 Cash                                              Rs. 20,000

Rent Payable

Date    Transactions                          Debit       Credit

June 29 Rent Expense                              Rs. 2,200

Accounts Receivable

Date    Transactions                          Debit       Credit

June 15 Service Revenue          Rs. 12,350

June 23 Cash                                             Rs. 12,350

June 30 Service Revenue        Rs. 18,400

Service Revenue

Date    Transactions                          Debit       Credit

June 15 Accounts Receivable                    Rs. 12,350

June 30 Accounts Receivable                   Rs. 18,400

June 30 Balance                      Rs. 30,750

Advertising Expense

Date    Transactions                          Debit       Credit

June 17 Cash                                  Rs. 900

Utility Expense

Date    Transactions                          Debit       Credit

June 28 Cash                             Rs. 2,700

Rent Expense

Date    Transactions                          Debit       Credit

June 29 Rent Payable               Rs. 2,200

Salaries and Wages Expense

Date    Transactions                          Debit       Credit

June 30 Cash                              Rs. 5,670

Dividends

Date    Transactions                          Debit       Credit

June 30 Cash                                Rs. 6,000

3. The preparation of the trial balance at June 30, 2019, is as follows:

Date    Transactions                          Debit       Credit

Cash                                            Rs. 44,580

Common Stock                                            Rs. 30,000

Computer                                   Rs. 12,000

Accounts Payable                                         Rs. 9,500

Notes Payable                                            Rs. 20,000

Rent Payable                                                Rs. 2,200

Accounts Receivable               Rs. 18,400

Service Revenue                                       Rs. 30,750

Advertising Expense                    Rs. 900

Utility Expense                           Rs. 2,700

Rent Expense                            Rs. 2,200

Salaries and Wages Expense   Rs. 5,670

Dividends                                  Rs. 6,000

Totals                                      Rs. 92,450 Rs. 92,450

What are the journal entries?

Journal entries are made to record the transactions of a business as they occur daily.

Journal entries help post transactions to the general ledger (T-accounts).

With a trial balance, the balances in the general ledger are summarized to prepare financial statements.

Transaction Analysis:

June 2 Cash Rs. 30,000 Common Stock Rs. 30,000

June 5 Computer Rs. 12,000 Cash Rs. 2,500 Accounts Payable Rs. 9,500

June 8 Cash Rs. 20,000 Notes Payable Rs. 20,000

June 15 Accounts Receivable Rs. 12,350 Service Revenue Rs. 12,350

June 17 Advertising Expense Rs. 900 Cash Rs. 900

June 23 Cash Rs. 12,350 Accounts Receivable Rs. 12,350

June 28 Utilities Expense Rs. 2,700 Cash Rs. 2,700

June 29 Rent Expense Rs. 2,200 Rent Payable Rs. 2,200

June 30 Salaries and Wages Expense Rs. 5,670 Cash Rs. 5,670

June 30 Accounts Receivable Rs. 18,400 Service Revenue Rs. 18,400

June 30 Dividends Rs. 6,000 Cash Rs. 6,000

Learn more about journal entries at https://brainly.com/question/28390337

#SPJ1

In what ways do goals and objectives help managers control various processes within an organization? How do specific and measurable goals affect employees and promote organizational performance? Provide an example from your own experience of when a specific goal or objective provided beneficial control over a process. Explain what the beneficial control was and how did it positively impact organizational performance.

Textbook: Principles of Management-v.1.1

Answers

Answer:

In what ways do goals and objectives help managers control various processes within an organization?

Goals establish the basis of the corporate strategy. Without clear goals, managers cannot devise and implement a corporate strategy, and without a corporate strategy, the firm does not have a clear path of action.

As we can see, goals are very important for an organization because they determine what the company should achieve, and what actions and policies the company should implement in order to achieve it.

How do specific and measurable goals affect employees and promote organizational performance?

Employees become motivated because they can actually see what their performance is like, and how it can be improved upon in case its not meeting the organizational performance standards.

However, managers should be careful when setting these measurable goals, and should also be flexible: if an employee does not meet these goals in his first attempt, they should try to understand why, and work with the employee so that he or she can improve their performance.

Specific and measurable goals and objectives can allow managers to make more practical decisions and better control over employees to achieve goals. Practical decisions mean that the goals are realistic, and the goals are time-based and measurable.  

Furthermore, goals and objectives can offer a form of control as they provide communication opportunities about how effectively or poorly the company is executing its plans.  

Finally, managers can emphasize positive practices in the organization to employees because they understand what to do, what must be achieved, and when to achieve it.

To illustrate how a specific goal or objective provides useful control over a process, I will explain through my experience as a tour guide. Our goal can be as simple as making the trip enjoyable. So I have to set a specific and observable objective for my members in terms of goal sections. I gave them a checklist to make sure that they had taken everything in their package, such as license, visa, local currency, and that they had to do it by the time they left the house and arrived at the gathering point on time.

As a result, my members know what to do, and we do not have to waste time because something is missing. As I said, I explained the goals for each move to ensure that everything was under control. If I had not arranged a meeting time and place, they would not be sure when or where they can come.  

To know more about Management, refer to the link:

https://brainly.com/question/16195887

Which food must be cooked to at least 145°F (63°C)?
O a. Cheese fries
O b. Baked potatoes
c. Steamed broccoli for a buffet table
O d. Scrambled eggs for a customer order

Answers

Answer:

d scrambled eggs

Explanation:

Answer:d

Explanation:

How do consumer expectations affect the demand for a product?
——————————————-
A. By connecting demand for a good to the availability of
complementary goods
B. By increasing the demand for goods expected to become more
expensive later
C. By reducing the supply of a good as demand for the good
increases over time
D. By lowering the good's equilibrium price to better reflect growing
consumer demand

Answers

Answer:

B. By increasing the demand for goods expected to become more expensive later

Explanation:

A product's price increase results in both an increase in demand for alternatives to the product and a drop in demand for complementary goods.

What impact do consumer expectations have on a product's demand?

Consumer expectations cause people to demand either more or less of a good.

Consumer expectations include things like future pricing, income, and product availability.Demand will increase if expectations rise, and vice versa.The immediate demand will decline if a consumer knows a product will be on sale in a week since they will purchase it then. Consumer demand will grow right away if they anticipate a product's price to rise in the coming week.

Learn more about consumer expectations affect the demand for a product here https://brainly.com/question/17910824

#SPJ2

g What will IT operations look like when they have attained operational maturity and what are the processes by which maturity is achieved.

Answers

Answer:

Operational Level Maturity happens when a company has been able to create and sustain a system that allows its operations to run on "autopilot". At this level, the management is no longer distracted or weighed down by operational details.

It is said that there are different levels of Operational Maturity. The highest of them features a concentration on the setting of goals, creating and managing budget, and planning for the long haul.

To achieve Operational Maturity, it is required for the leadership to look at investment into technology (that helps to simplify, secure and standardize processes);

The process of OML takes time. Time taken can be reduced by continuous learning, flexibility etc

Cheers

An employee in your organization has started to work from home two days a week. The employee uses the same company laptop at the office and at home. The laptop automatically connects to the wireless network in the office, but it does not automatically connect to the employee's home wireless network. The employee would like the laptop to connect automatically both at home and at work.
What should you do?

Answers

Answer:

Explanation:

From the question we are informed about An employee in my organization who has started to work from home two days a week. The employee uses the same company laptop at the office and at home. The laptop automatically connects to the wireless network in the office, but it does not automatically connect to the employee's home wireless network. The employee would like the laptop to connect automatically both at home and at work. In this case

what can be done is that an an alternate TCP/IP configuration should be configured on the wireless adapter of the laptop, so that static IP address that is compatible with the network at home can be used.

In which situation would a person pay a higher property tax than he or she did
the year before?
O A. The value of the person's home increased.
B. The amount the person spent on electronics increased.
O c. The number of dependents the person had increased.
O D. The salary the person earned increased.
Helppp

Answers

Answer:

The answer is A: The value of the person's home increased.

Explanation:

Keywords here are property tax indicating that the answer would most likely mention a piece of land or a house.

The Phillips curve was first suggested as a description of the relationship between inflation and unemployment in the late 1950s, and data through the 1960s were consistent with its predictions. What happened in the 1970s?

Answers

Answer: High inflation and high unemployment in the United States undermined the Phillips hypothesis.

Explanation:

In the year the 1970s, there is high inflation and high unemployment in the United States that undermined the Phillips hypothesis.

What happened in the 1970s?

Since the Phillips curve was first recommended by the description of the relationship that lies between inflation and unemployment.

So based on this, we can say that In the year the 1970s, there is high inflation and high unemployment in the United States that undermined the Phillips hypothesis.

Learn more about inflation here: https://brainly.com/question/17183026

In most situations, a small business should keep their business tax records for a minimum of how long

Answers

In most situations, a small business should keep their business tax records for a minimum for 3 years. If you don't submit a return, keep records for as long as necessary.

What do you mean by the business tax records?

If you file a claim for credit or refund after filing your return, keep records for 3 years from the date of your initial return's filing or 2 years from the day you paid the tax, whichever comes first.

If you submit a claim for a deduction for bad debts or a loss from worthless securities, keep records for seven years.

If you fail to submit income that you should have reported and it represents more than 25% of the gross income listed on your return, keep records for six years.

Therefore, in most situations, a small business should keep their business tax records for a minimum for 3 years. If you don't submit a return, keep records for as long as necessary.

To know more about the business tax records, visit:

https://brainly.com/question/17222227

#SPJ1

What is the best way to deal with conflict in the workplace?​

Answers

don’t deal with it . mind ur business !

Answer: the answer is C

Explanation:  

Sometimes negative, sometimes positive

Consider an industry that is made up of nine firms each with a market share (percent of sales) as follows:
a. Firm A: 30%
b. Firm B: 20%
c. Firms C, D, and E: 10% each
d. Firms F, G, H, and J: 5% each

Answers

Answer: four-firm concentration ratio

Explanation:   hope this helps ;)

Other Questions
The equations of four lines are given. Identify which lines are parallel. Line 1: y = -7x + 6 Line 2: x + (1/3)y = -6 Line 3: y = -3x - 8 Line 4: y + 7 = (-1/7)(x + 4) please help me a truck traveled the first 120 miles of a trip at one speed and the last 220 miles at an average speed of 5 miles per hour less. the entire trip took 6 hours. what was the average speed for the first part of the trip? Find the arc length and area of a sector with radius R =60 inches and central angle equals 30 round your answer to the nearest hundredth Determine the slope of a line that is perpendicular to the line 2y = 3x 6. In females, only one of four haploid cells produced from one round of meiosis actually makes an egg. What do the other three cells become?spermdiploid cellspolar bodiesgametes One cold day last week the ice cream store sold 1 milk shake and 3 ice cream cones for a total of $7.50. It warmed up a bit a few days later and they sold 3 milk shakes and 5 ice cream cones for a total of $17.50. Which system of equations can be used to calculate the cost of each item The diameter of a circle is 6 3/5 inches.What is the radius, r, of the circle?Enter your answer as a mixed number in simplest form by filling in the boxes.r = $$ in. The most effective means of reducing friction to the patient's skin when moving a patient is by? Select the correct answer from each drop-down menu.How do you know how many items to order for your kitchen?In order to know what you need to have on hand, you need to have a List, projection, catalog, of cooking, marketing, sales? Which of the following lists represents the order of levels of strategy from the top of the organization downward?Multiple Choiceexecutive, functional, practicalbusiness, operational, corporatecorporate, practical, businesscorporate, business, functional HELPP Im doing some other work Nd I dont have enough time to do this 40pts Write silenceof the lambs 2 sinopsis Can someone help me Im confused to evaluate the success of website, we should look at what three dimensions of performance? suppose that both honesty and kindness are genuine virtues. one day, frank asks mary what she thinks of a hat he has recently purchased. her sincere opinion is that the hat looks ridiculous, but she's hesitant to say so to frank, fearing it will cause him to feel awful. if mary acts from her virtue of honesty, she will cause frank great pain; if she acts from her virtue of kindness, she will have to conceal her true opinion of the hat. which criticism raised against virtue ethics does mary's situation illustrate? Help fast due soon Given: AC = CBCD Bisects AB Prove: AADC= ABDCWhat are the statements and reasons a train travels 3.5 miles on a straight track with a grade of 2 degrees. what is the vertical rise of the train in that distance? Which option best explains how the graphic enhances the overall meaning of the text What two layers lie below Earths surface, and what layer is found atop? Do you think that Photosynthesis is important forhumans to live on the Moon or other planets?