Answer and Explanation:
The preparation is presented below:
<u> McDaniel Company </u>
<u> Partial balance sheet</u>
Particulars Amount
Current liabilities
Note payable $250,000
Long term debt
Note payable refinance $950,000
Total liabilities $1,200,000
We simply added the long term debt and the current liabilities so that the total liabilities could come
What is the question? Lol
Answer:
"$25,800" is the appropriate answer.
Explanation:
Given:
Credit sales,
= $45,000
Beginning balance,
= $16,800
Collections,
= $36,000
now,
The accounts receivable balance will be:
=
On putting the values, we get
=
=
= ($)
Answer:
Economic Factors/ Economic Conditions
Explanation:
Jobs or employment are affected by a number of factors in the society including: economic Conditions, advances in technology, seasonal employment flunctuations and the impact of corporate values among others
Economic conditions affect jobs such that when a nation's economy is flourishing, organisations find it harder to retain employees due to the abundance of better jobs which constantly poaches these employees from their current jobs. Economic conditions have ripple effects on wealth creation and profit maximization and this affects the employment sector as well.
In the case of the question, based on Blake Edwards's findings, the increase in interest rates (on lending) will discourage people from buying homes, they will prefer rentals and wait for a period when these rates come down. The implication of not getting people to buy homes means, there will be less lendings by banks and less job for workers in the mortgage industries such as valuers and assessors to do.
Once the inflow of cash into these two industries reduce, it becomes harder for them to keep their employees, therefore, there will be retrenchments and layoffs and many of these banks and mortgage industries will not have the financial capabilities for expansion leading to less adverts for job placements. Overall, there will be fewer jobs in these industries as a result of fewer homes being sold which is also a ripple effect of rising interest rates
However, when interest rates reduce, people are encouraged to buy homes, funds flow into banks (through lending) and mortgage industries through providing of more services.
Answer: Depreciate
Explanation:
The Economist is a widely respected financial and economic magazine which means that their articles can cause movements in the market especially when backed up by analysts.
The Economist believes that the Tunisian Dinar will rise relative to the Peruvian Sol, this means that the Peruvian Sol will depreciate against the Tunisian Diner. Some people and entities holding Peruvian Sol assets will try to offload it so that they do not suffer losses.
This increase in supply and reduction in demand for the Peruvian Sol will lead to it depreciating.