Human development varies widely across the provinces of South Africa. Western Cape has the highest score of HDI of approximately 0.77, while Limpopo to the northern border has the lowest around 0.59. Only four provinces, Western Cape, Gauteng, Northern Cape, and free State are above the national average HDI of 0.66. Mpumalanga, KwaZulu-Natal, Eastern Cape, Cape West, and Limpopo have below average scores.
Answer:
B) credit to Accounts Receivable for $1500.
Explanation:
The journal entry to record the given transaction is as follows
Cash $1,470
Sales discounts $30 ($1,500 × 2%)
To Account receivable $1,500
(Being the receipts of payment is recorded)
While recording this transaction we debited the cash as it increased the assets plus the sales discount is also debited and at the same time we credited the account receivable as it decreased the asset
Based on the information given, the approach that describes the strategy that was used by the company is that Sen Corp. should issue the debentures since the after-tax cost of debt (5.347%) would be less than the cost of equity (5.825%).
A debenture simply refers to the rule of bond that's unsecured by collateral. Debentures typically rely on the reputation of the issuer.
From the complete information, the company wants to obtain $30 million in new capital to expand its plant. Therefore, it's appropriate to issue the debentures since issue the cost of equity is more than the after-tax cost of debt.
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Answer:
a) elastic
Explanation:
Elasticity is a microeconomic concept that aims to measure the sensitivity of demand for savings to changes in interest rates. When calculating elasticity is a result greater than 1, the demand for savings is said to be elastic (interest-sensitive). Thus, slight interest rate variations will be sufficient to increase savings deposits. This is because people stop consuming to save and earn interest income. When the value is less than 1, savings are inelastic - little interest-sensitive. Thus, interest rate changes would not affect savings. This means that interest earned on savings is not attractive and people prefer to invest their money. in the consumption of goods and services.
This relationship is not fully known to economists in the long run, but in the short run there is a direct relationship between rising interest rates and increasing savings deposits. Thus, it is said that in the short term, the demand for savings is elastic at the interest rate. With each interest rate increase, the savings deposit rate increases.
The following statement "the Renaissance began in Northern Italy because china took interest in increasing trade with this region and in developing northern Italy after its own models of society and government" is false.
Outside of Italy, northern Europe and other regions saw a Renaissance. Up until 1450, the Italian Renaissance had a relatively small impact. Renaissance movements emerged in Germany, France, England, the Netherlands, and Poland around 1450 as a result of the spread of ideals like humanism throughout Europe.
Italy was the birthplace of ancient civilization, therefore the Renaissance there began. It was in Italy, the cradle of the Roman Empire, that the Renaissance first emerged. The magnificent creations of Roman art and thought were momentarily lost after the fall of the empire in the 4th century and the ensuing dark ages.
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