If Brutus buys Fisher with new shares and with no premium, the new earnings per share after the merger would be $2.94
Brutus currently has 5 million shares which are valued at $32 for a total worth of:
= 5 x 32
= $160,000,000
Fisher has 3.5 million shares valued at $1.50 for a total worth of:
= 1.5 x 3.5
= $5,250,000
The shares to be issued can be found as:
= Share price of Fisher / Share price of Brutus x Fisher shares
= 15 / 32 x 3.5 million shares
= 1,640,625 shares
The total number of shares are now:
= Brutus shares + Shares issued to acquire Fisher
= 5 million + 1,640,625
= 6,640,625 shares
The new EPS would be:
= (Earnings of Brutus + Earnings of Fisher) / Number of shares
= ( (3 x 5 million) + (1.50 x 3.5 million)) / 6,640,625
= $2.94 per share
In conclusion, the new EPS is $2.94
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For what kind of discrimination does the EEOC handle complaints?
race and sex only
race, sex, color, religion, or nationality
religion and nationality only
Answer:
2.)- race, sex, color, religion, or nationality.
Explanation:
:)
Temporary Aid to Needy Families (TANF) a. A welfare program that replaced AFDC in 1996. It introduced a new education requirement that was designed to push welfare recipients into special college and GED programs. b. A welfare program that replaced Social Security in 1965. It introduced a work requirement that was designed to push welfare recipients into the low wage labor market. c. None of the other answers. d. A welfare program that replaced AFDC in 1996. It eliminated the New Deal era work requirement that many people believed was designed to effectively re-enslave African Americans. e. A welfare program that replaced AFDC in 1965. It introduced a work requirement that was designed to push welfare recipients into the low wage workforce.
Explanation:
D: A welfare program that replaced AFDC in 1996. It eliminated the New Deal era work requirement that many people believed was designed to effectively re-enslave African Americans
If I am under 18 years of age, I am prohibited from using my cell phone while driving unless
Answer:
Cell phone usage while driving is prohibited at any age
Answer:
unless of emergancy
Explanation:
Gloria works as a freelance software developer with Ticki-Tacker Limited, a social media firm based in the city of London. She has two options for the purpose of personal income tax assessment. She may be added to the payroll of Ticki-Tacker Limited under the PAYE system or allowed to be treated as a self-employed individual. OPTION 1: Gloria under the PAYE system She will be placed on an annual salary of £50,000, and she would be required travel to work from Mondays to Fridays throughout the year via train, except for four weeks in a year when she will be on annual leave. The annual train ticket costs £2,400. OPTION 2: Gloria as a self-employed Gloria is allowed to invoice Ticki-Tacker Limited, an annual fee of £50,000. This work involves travelling to clients’ offices for a total of 5,200 miles annually in her own car. This is estimated to cost 39p/mile. Assume that Gloria’s annual accounts cover April 2020 to March 2021. REQUIRED: a. Calculate the relevant income tax and National Insurance Contribution liability under each of the two options identified. b. Calculate the disposable income (after all deductions) under the two options identified. c. Apart from (a) and (b) above, analyse any other factors that you think Gloria may take into consideration (from a taxation perspective) in arriving at the best option.
a. The relevant income tax and National Insurance Contribution liability are as follows:
PAYE System Self-Employed
Income tax (20%) (£8,378) £8,731
National Insurance Contribution (5,712) (4,317)
Total income tax and NIC liability £14,090 £13,048
b. The disposable income after all known deductions under the two options are:
PAYE System Self-Employed
Disposable income £33,510 £34,924
c. The other allowable deductions will need to be taken into consideration so that Gloria can arrive at the best option.
Data and Calculations:
PAYE System Self-Employed
Earnings per year £50,000 £50,000
Allowable expenses:
Travel expenses (2,400) (2,028) (£0.39 x 5,200)
Net Earnings £47,600 £47,972
National Insurance Contribution (5,712) (4,317)
(£47,600 x 12%) (£47,972 x 9%)
Taxable income £41,888 £43,655
Income tax (20%) (£8,378) £8,731
Disposable income £33,510 £34,924
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The data given below are from the accounting records of the Kuhn Corporation:
Net Income (accrual basis) $45,000
Depreciation Expense $9,000
Decrease in Accounts Payable $2,500
Decrease in Inventory $3,000
Increase in Bonds Payable $10,000
Sale of Common Stock for cash $30,000
Increase in Accounts Receivable $4,500
Based on this information, the net cash provided by operating activities using the indirect method would be:__________.
a. $55,000
b. $58,000
c. $50,000
d. $60,000
The net cash provided by operating activities using the indirect method would be: c. $50,000.
Net Cash From Operating Activities
Net income $45,000
Depreciation expense $9,000
Decrease in accounts payable ($2,500)
Decrease in inventory $3,000
Increase in accounts receivable ($4,500)
Net cash provided by operating activities $50,000
Inconclusion the net cash provided by operating activities using the indirect method would be: c. $50,000.
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In this activity, you’ll research incidents in which employers disciplined employees for not using social media responsibly. You’ll study why employers disciplined these employees and how company social media policies influenced the action taken against them. You’ll also create a list of five social media usage rules that you think all workers must follow. Finally, you’ll write about how you’ll avoid risky behaviors when using social media. Part A Conduct an Internet search and research at least three instances in which employers disciplined (or fired) employees (who were not at work during the time of posting) for an inappropriate social media posting. Briefly discuss the three instances and explain why the employer fired or punished the employee and how the social media post was inappropriate.
Answer:
in sum, an employer can terminate an employee for posting about individual gripes, but there can be a fine line between an individual complaint and attempt at concerted activity. Employers should consult with counsel before terminating or disciplining an employee for posting about work-related activity.
On March 21, 2021, Christine worked 5.5 hours on Job A-1, and 3 hours on general "overhead activities." Christine is paid $15 per hour. Overhead is applied based on $23 per direct labor hour. Additionally, on March 21 Job A-1 requisitioned and entered into production $290 of direct material. On March 21, Christine, while working on Job A-1 used $27 of indirect material. Indirect material is included in the overhead application rate. Use this information to determine the total cost that should have been recorded in the Work in Process for Job A-1 on March 21?
Answer:
1. Total cost (TC) in WIP of Job A-1 is $456.00 2. Completed number of units is 2,675. 3. Equivalent unit (EU) of production for conversion is 34,560 units.
The total cost that should have been recorded in the Work in Process for Job A-1 on March 21 is $499.
What is The Total Cost?
Whole cost refers to the total cost of achieving a certain level of output; average or unit cost is calculated by dividing total cost by amount produced.
The total cost includes the Direct material, direct labor, direct Expenses and the indirect costs.
Computation of Total Cost for Job A-1 on May 21:
According to the given information,
Direct Material = $290,
Direct Labor:
[tex]\text{Direct Labor} = \text{Direct LaborHour} \times \text{Direct Labor Hour Rate}\\\\\text{Direct Labor} = 5.5 \times \$15\\\\\text{Direct Labor} = \$82.5[/tex]
Then find the Overhead Cost:
[tex]\text{Overhead Cost} = \text{Direct Labor Hour} \times \text{Overhead Rate Per Hour}\\\\\text{Overhead Cost} =5.5 \times \$23\\\\\text{Overhead Cost} =\$126.5[/tex]
Then the Total Cost is:
[tex]\text{Total Cost}= \text{Direct Material + Direct Labor + Overheads}\\\\\text{Total Cost}= \$290+\$82.2+\$126.5\\\\\text{Total Cost}= \$499[/tex]
Therefore, the Total cost is $499.
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What type of business organization generates the most total sales? General partnership Corporation Sole proprietorship O Partnership O Cooperative Previous?
Answer:
d
Explanation:
The Corporation business organization generates the most total sales. Option B is correct
What is a CorporationCorporations generally generate the most total sales due to their scale and reach. They have the ability to raise funds publicly through the sale of stocks, which allows them to grow and expand more quickly than other types of business organizations.
In addition, corporations are typically larger in size and have greater resources, allowing them to generate higher sales volumes. They often operate across multiple markets and regions, both domestically and internationally, further contributing to their high total sales.
Hence option B corporation generates the most total sales
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duffy company has a fiscal year ending on september 30, 2020. the adjusted trial balance at the end of the year is as follows: duffy company trial balance (adjusted) 30-sep-20 debit $37,400 $4,200 $6,200 11,000 3,900 70,000 120,000 80,000 18,600 123,500 7,800 18,000 14,400 12,000 21,900 548,900 credit cash inventory supplies accounts receivable prepaid insurance land equipment patent accumulated depreciation – equipment accounts payable mortgage payable (due 2024) interest payable salaries and wages payable unearned rent revenue dividends capital retained earnings, oct 1, 2019 sales revenue rent revenue cost of goods sold depreciation expense insurance expense supplies expense interest expense salaries and wages expense required: a) prepare a classified statement of financial position. b) journalize the closing entries c) prepare a post-closing trial balance $42,000 19,600 79,000 6,000 4,100 4,800 109,700 28,800 240,500 14,400 548,900 (10 marks) (5 marks) (5 mark
The preparation of a classified statement of financial position (balance sheet), closing entries, and post-closing trial balance is as follows:
a. Statement of Financial Position (Balance Sheet)
As of September 30, 2020
Assets:
Current Assets:
Cash $37,400
Inventory 4,200
Supplies 6,200
Accounts Receivable 11,000
Prepaid Insurance 3,900 $62,700
Long-term Assets:
Land 70,000
Equipment 120,000
Accumulated Depreciation (18,600)
Patent 80,000
Other assets 13,800 $265,200
Total assets $327,900
Liabilities and Equity:
Current Liabilities:
Accounts payable 42,000
Interest payable 19,600
Salaries and wages payable 6,000
Unearned rent revenue 4,100 $71,700
Long-term Liabilities:
Mortgage payable (due 2024) 79,000
Total liabilities $150,700
Equity:
Capital 109,700
Retained earnings 67,500 $177,200
Total liabilities and equity $327,900
b) Closing Journal Entries:
Debit Sales revenue $240,500
Credit Statement of Financial Performance $240,500
Debit Statement of Financial Performance $123,500
Credit Cost of goods sold $123,500
Debit Rent revenue $14,400
Credit Statement of Financial Performance $14,400
Debit Expenses:
Depreciation Expense $7,800
Insurance Expense $18,000
Supplies Expense $14,400
Interest Expense $12,000
Salaries and Wages Expense $21,900
Credit Statement of Financial Performance $74,100
Debit Credit Statement of Financial Performance $57,300
Credit Retained Earnings $57,300
c) Post-Closing Trial Balance
Account Titles Debit Credit
Cash $37,400
Inventory 4,200
Supplies 6,200
Accounts Receivable 11,000
Prepaid Insurance 3,900
Long-term Assets:
Land 70,000
Equipment 120,000
Accumulated Depreciation $18,600
Patent 80,000
Other assets 13,800
Accounts payable 42,000
Interest payable 19,600
Salaries and wages payable 6,000
Unearned rent revenue 4,100
Mortgage payable (due 2024) 79,000
Capital 109,700
Retained earnings 67,500
Totals $327,900 $327,900
Data and Calculations:
Trial Balance
Cash $37,400
Inventory 4,200
Supplies 6,200
Accounts Receivable 11,000
Prepaid Insurance 3,900
Land 70,000
Equipment 120,000
Patent 80,000
Other assets 13,800
Accumulated Depreciation- Equipment $18,600
Cost of goods sold 123,500
Depreciation Expense 7,800
Insurance Expense 18,000
Supplies Expense 14,400
Interest Expense 12,000
Salaries and Wages Expense 21,900
Accounts payable 42,000
Mortgage payable (due 2024) 79,000
Interest payable 19,600
Salaries and wages payable 6,000
Unearned rent revenue 4,100
Dividends 4,800
Capital 109,700
Retained earnings, Oct. 1, 2019 15,000
Sales revenue 240,500
Rent revenue 14,400
Totals $548,900 $548,900
Statement of Financial Performance (Income Statement)
For the year ended September 30, 2020
Sales revenue $240,500
Cost of goods sold 123,500
Gross profit $117,000
Rent revenue 14,400
Total income $131,400
Expenses:
Depreciation Expense 7,800
Insurance Expense 18,000
Supplies Expense 14,400
Interest Expense 12,000
Salaries and Wages Expense 21,900
Total Expenses $74,100
Net Income $57,300
Statement of Retained Earnings:
Retained earnings, Oct. 1, 2019 $15,000
Net income 57,300
Dividends (4,800)
Retained earnings, Sept. 30, $67,500
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help needed
Tasha is a court reporter for a federal district judge. Her job is to type every word that is stated on the record during a federal trial. The pathway in the Law, Public Safety, and Security cluster that Tasha's job belongs in is:
Question 12 options:
Security and Protective Services.
Legal Services.
Emergency and Fire Management Services.
Correction Services.
The pathway in the Law, Public Safety, and Security cluster that Tasha's job which includes typing all the words said on trial for the record, belongs in is:
Legal Services.According to the given question, we are asked to state the pathway in the Law, Public Safety, and Security cluster that Tasha's job which includes typing all the words said on trial for the record, belongs in.
As a result of this, we can see that Tasha who is a court reporter belongs to the Legal Services pathway in the Law, Public Safety, and Security cluster as she has to record the words said in a trial in the law court.
Therefore, the correct answer is Legal Services
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Answer:
B
Explanation:
Free if I am voted brainiest and like!
Next time will be Moree than 50.... :)
Answer:
huh?
what?
is this fReEeE?
Jimmie is purchasing a home with a purchase price of $350,000. He has been approved for a loan with an 85% LTV. What is his down payment
Based on the information given the down payment is $52,500.
Using this formula
Down payment=(100%-Approved loan percentage)×Purchase price
Where:
Approved loan percentage=85%
Purchase price=$350,000
Let plug in the formula
Down payment=(100%-85%)×$350,000
Down payment=15%×$350,000
Down payment=$52,500
Inconclusion the down payment is $52,500.
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Using your credit card more means your debt will
A. stay the same
B. decrease
C. disappear
D. increase
Using a credit card will increase your personal debt.
Answer: D. Increase
Pamelia (21) is a full-time undergraduate student pursuing an accounting degree at her state university. During the year, she received a $6,500, unrestricted scholarship, reported to her on Form 1098-T rather than Form W-2. She spent $5,500 of the scholarship funds on her current-year tuition, and she applied the rest to room and board. Pamelia also had income from a part-time job, and she is required to file a 2020 tax return. How does she report the scholarship on her Form 1040
Based on the information given, in order to report the scholarship, the best option is B. She should enter "SCH" and "1000" on the dotted line next to line 1 of form 1040.
It should be noted that form 1040 is the form that uses by individual taxpayers to file their taxes with the IRS. In this case, it should be noted that scholarship money can either be tax fee or partially free.
From the complete information, Pamelia received a $6,500, unrestricted scholarship, reported to her on Form 1098-T rather than Form W-2. Therefore, since she didn't get a W-2 listing the amount that's taxable, she should write SCH" and "1000" on the dotted line next to line 1 of form 1040.
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Nathen’s home office
Answer:
Today, the Chinese own Armour and the famous Smithfield hams, together with the most quintessential American brand of all: Nathan's Famous hot dogs, with its iconic annual eating contest. ... It remains the largest total acquisition of a U.S. company by the Chinese.
Explanation:
Unlike perfectly competitive markets, health insurance and health care markets are characterized by asymmetric information in many forms. To see the consequences, consider the following scenario: The population is evenly divided between 2 types of people: healthy people and unhealthy people. Healthy people have expected health care costs of $1000 per year. Unhealthy people have expected health care costs of $5000 per year. Unhealthy people can become healthy by working out, eating healthier, and taking preventive care. Assume that the cost of becoming healthy in terms of time and effort is $2000 per year. These people live in a city with one employer who will hire anyone who is willing to work. This employer provides complete health care to all its employees; all health care costs are covered by the insurance.
1. Do the unhealthy employees have an incentive to become healthy?
a. Yes.
b. No.
c. Not enough information.
2. What would the new actuarially fair cost of insurance be at the original firm?
3. What is the actuarial fair cost of insurance for all the workers?
1. No, unhealthy employees do not have an incentive to become healthy.
2. The new actuarially fair cost of insurance would be $5000 at the original firm.
3. The actuarial fair cost of insurance for all the workers would be $3000
1.No, unhealthy employees do not have an incentive to become healthy. This is due to the fact that the only employer in the city is giving jobs to everyone regardless of their health status. Besides, their health care cost is covered and managed by the employer by the insurance. Therefore, unhealthy employees do not have an incentive to become healthy.
2.The new actuarially fair cost of insurance can be determined by taking the probability of healthy employees and unhealthy employees with their health costs.
However, provided that all healthy people worked for the new employee, it implies that the original firm comprise of only the unhealthy workers and the new actuarially fair cost of insurance can be computed as follows:
∴
Actuarial Fair cost of insurance = Probability ( Healthy employee × cost of health) + Probability (unhealthy employee × cost of health)
Actuarial Fair cost of insurance = (0 × $1000) + (1 × $5000)
Actuarial Fair cost of insurance = $5000
Therefore, the new actuarially fair cost of insurance would be $5000 at the original firm.
3.The actuarial fair cost of insurance for all the workers refers to the total sum of required payoffs for both the healthy employees and unhealthy employees
Actuarial Fair cost of insurance = Probability ( Healthy employee × cost of health) + Probability (unhealthy employee × cost of health)
Actuarial Fair cost of insurance = [tex]\mathbf{(\dfrac{1}{2} \times \$1000) + (\dfrac{1}{2} \times \$5000)}[/tex]
Actuarial Fair cost of insurance = $500 + $2500
Actuarial Fair cost of insurance = $3000
Therefore, the actuarial fair cost of insurance for all the workers would be $3000
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I need a Christmas present for a 40-year-old man a 32-year-old woman a 9-year-old girl a 12-year-old girl and a 4-year-old boy
Freer trade, advances in information technology, and more global customers are pressuring many large global companies to:
Firms are often involve in different kinds of trade. Freer trade, advances in information technology, and more global customers are pressuring many large global companies to shift from functional structures to geographically based divisionalized structures.
There are great advances in information technology (IT). Firms often get benefits of free trade in IT as they are able to expand their business into other different new areas with less effective charges.
FTA is known to be very good to optimal sharing of resources in the region as it helps to boast the efficiency of economic activities and also increase the stock of a country's technology.
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Assume that you have already completed a 5-year international assignment working for KPMG as a Tax Consultant in Singapore.
By using the relocation transition curve, you need to write an essay to make your own analysis and explain how you adapted to the new living and working environment.
From the information, it can be inferred that it's an indication of the uncertainty that exists in the Vietnamese cultural model.
From the complete information, Vietnam has low points in the avoidance index. This implies that they're less associated with their cultural roots and don't have concern for hiring white people.
Some of the solutions that can be applied for training the workers include providing them with ethical and language-based training and also encourage a team culture.
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Help me please
With one worker, total production is 100. When a second worker is added, total product
increases to 300. The marginal product of the second worker is ….???
100.
200.
400.
300.
Total production is 100
let the product of second worker be x
then 100+x = 300
x = 200
The marginal product of the second worker is 200
Stop sending links. I hate it. Stop it. If you dont know the answer dont say nothing. Nothing!!!! If anyone see this that I wrote right now LINKS HAS TO BE STOPPED BY TODAY!!! I MEAN IT NO MORE LINKS!!!! STOP IT RIGHT NOW AND I MEAN IT TODAY!!! STOP THE LINKS TODAY!!!! NO MORE LINKS AT ALL AND THE FUTURE!!! STOP IT TODAY!!! TODAY!!!! LINKS ARE BANNED SO END IT!!!!!
Answer:
Yessir, Those links GOTTA GO!
Explanation:
Like, explain to me this. You want to find the answer to the question, but when you find the question you need, there’s a link to the answer. People are like: EXCUSE ME?! I Don’t need a link, I NEED an actual ANSWER.
Tell me if it isn’t true.
The annual dividend rates for a random sample of 16 companies in three different industries, utilities, banking, and insurance, were recorded. The ANOVA comparing the mean annual dividend rate among three industries rejected the null hypothesis that the dividend rates were equal. The mean square error (MSE) was 3.36. The following table summarized the results:
Utilities Banking Insurance
Number Sampled 5 5 6
Mean Annual Dividend Rate 11.62 15.4 17.4
Based on the comparison between the mean annual dividend rate for companies in utilities and banking, the 95% confidence interval shows an interval of 1.28 to 6.28 for the difference. This result indicates that _______.
Multiple Choice
A. the annual dividend rate in the utilities industry is significantly less than the annual dividend rate in the banking industry
B. the annual dividend rate in the banking industry is significantly less than the annual dividend rate in the utilities industry
C. there is no significant difference between the two rates
D. the interval contains a difference of 5.00
Based on the information given, the results show that A.The annual dividend rate in the utility industry is significantly less than the annual dividend rate in the banking industry.
A dividend rate simply means a financial ratio that is important as it shows how much a company pays out in dividends every year relative to the stock price of the company.
In this case, the 95% confidence interval shows an interval of 1.28 to 6.28 for the difference. This implies that the annual dividend rate in the utilities industry is significantly less than the annual dividend rate in the banking industry.
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Identify the type of social responsibility discussed in the case with regard to
responsibility towards the environment. Explain with reason.
Corporate social responsibility (CSR) is the idea that a business has a responsibility to the society that exists around it, according to the online course Sustainable Business Strategy. Firms that embrace corporate social responsibility are typically organized in a manner that empowers them to be and act in a socially responsible way. It’s a form of self-regulation that can be expressed in initiatives or strategies, depending on an organization’s goals. Exactly what “socially responsible” means varies from organization to organization. Firms are often guided by a concept known as the triple bottom line, which dictates that a business should be committed to measuring its social and environmental impact, along with its profits. The adage “profit, people, planet” is often used to summarize the driving force behind the triple bottom line.
On the last day of its current tax year, Buy Rite LLC received $390,000 when it sold a machine it had purchased for $270,000 three years ago to use in its business. At the time of the sale, the basis in the equipment had been reduced to $230,000 due to tax depreciation taken. How much did the members’ self-employment earnings from Buy Rite increase when the equipment was sold? [Hint: See IRC §1402(a)(3).]
Answer:
1,402
Explanation:
As a high school student, which of the three error types would you be most concerned about? Why?
The three error types i would be most concerned about is wrong address, misspelled name and wrong name because they could lead to lower credit scores
The error in this context related to credit report errors which can happen while been a high school student.
Credit report refers to the organized record database of borrower's credit history from different sources.Based on statistics, the student responded that the error they are most concerned about includes:
Wrong AddressMisspelled NameWrong Name.Hence, the three error types i would be most concerned about is wrong address, misspelled name and wrong name because they could lead to lower credit scores.
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Paul Scott has a 2014 Cadillac that he wants to update with a satellite-based emergency response system so that he will have access to roadside assistance should he need it. Adding this feature to his car requires a flat fee of $500, and the service provider requires monthly charges of $20. In his line of work as a traveling salesperson, he estimates that this device can save him time and money, about $35 per month. He plans to keep the car for another 3 years.
Required:
a. Calculate the breakeven point for the device in months.
b. Based on a, should Paul have the GPS system installed in his car?
10 roles of insurance in a business
Considering the benefits and importance of insurance, the ten roles of insurance in a business include "security and safety."
The other roles of insurance in a business are:Mitigation of riskProvision of insurance service by the insurance company Protection from unexpected lossesEase of getting loansProvision of social cooperationIt enhances saving habitsIt aids some contracts that require it.There are tax benefits.Promotion of trades and industry, etc.Hence, in this case, it is concluded that insurance plays various roles in business.
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Product DGH has a monthly demand of 5,000 units. Its contribution margin is $18 per unit and $36 per direct labor hour. Product RBG has a monthly demand of 4,000 units. It's contribution margin is $15 per unit and $60 per direct labor hour. If the company only has 1,500 direct labor hours available, the company should produce _______________ units of Product DGH _____________ and units of Product RBG.
Which business policy would most likely help a single parent family?
What might cause a demand curve to shift to the right?
A. A decrease in the product's own price
B. An increase in the price of a complement
C. A decrease in the price of a substitute
D. An increase in the price of a substitute
Answer:
D. An increase in the price of a substitute
Explanation:
Law of DemandThe law of demand states that as the price of a product of good rises, the quantity demanded for that good or product falls; conversely, if the price of a product or good falls, then the quantity demanded for that good rises.
Given the inverse relationship between the price of a good and the quantity demanded for that good, then its graph will show a downward-sloping demand curve.
A change in demand represents the leftward- or rightward-shift of the entire demand curve. This may be caused by the following factors:
Changes in the income of buyersChanges in consumers' preferences, A change in the price of related goods (substitutes and complements), Number of buyers within a market, and The buyers' expectation on the future prices of goods. Types of Related Goods:Substitutes: two similar goods that fulfill about the same needs or wants of the buyers.
Examples of substitute goods: Coca-Cola and Pepsi, butter and margarine.
Complements: these are two goods that are consumed together. When the price of one good goes up, the demand for the complement good declines.
Examples of complements: Tennis racket and tennis ball, ink cartridge and printers.
Answer:Substitute goods:
If the price of one good rises, then the buyers will demand more of the substitute good with a lower price. This causes a rightward-shift on the demand curve of that substitute good.
This description matches Option D: an increase in the price of a substitute.