Answer:
A. higher production results in a greater supply
Explanation:
Answer:
Aug 2 2013 Notes Receivable 6000 Dr
Accounts Receivable 6000 Cr
Oct 31 2013 Interest Receivable 180 Dr
Interest Revenue 180 Cr
Oct 31 2013 Cash 6180 Dr
Notes Receivable 6000 Cr
Interest Receivable 180 Cr
Explanation:
When the note is received, the customer account will be closed and accounts receivable will be credited while a new asset of notes receivable will be created and notes receivable is debited.
The interest on notes receivable is calculated assuming a 360 day year and the 12% is annual interest rate.
The interest on note is 6000 * 0.12 * 90/360 = $180
The interest is income so wull be credited while as it is receivable, the interest receivable will be debited.
On 31 October when the note is honored and cash is received, it will be total of principal + interest so cash = 6000 + 180 = 6180
As a result, the assets notes and interest receivables will be closed and credited against cash.
Considering the situation described above, the Notary Signing Agent (NSA) should <u>check the documents for errors and call the borrower for the next appointment.</u>
This a because, at this stage, what is left is to wrap up the appointment, and checking of errors can be quickly done.
A Notary Signing Agent is an individual whose role is to sign an agent. A courtesy signer is an agent whose function is to ensure a formal signature of an appearer is made to a document.
Generally, the role of an NSA includes the following:
- Printing loan documents,
- Meeting the signer and notarizing their signature,
- Returning the documents for processing.
Hence, in this case, it is concluded that the correct answer is "<u>check the documents for errors and call the borrower for the next appointment."</u>
Learn more here: brainly.com/question/25497898
Answer:
Laffer curve.
Explanation:
Laffer Curve is developed by
Arthur Laffer. It is used to show the relationship between tax rates and the amount of tax revenue collected by governments of a particular country. Laffer curve is used to demonstrate Laffer’s argument that sometimes cutting tax rates can increase total tax revenue.
Laffer curve shows the relationship that occurs between the tax rate and the amount of tax revenue collected
The relationship between the tax rate and the amount of tax revenue collected is called the LAFFER CURVE curve. This curve shows that TAX CUT CAN INCREASE TAX REVENUE.
The drawing of a laffer curve has been attached
Answer:
Customer-focused compensation strategy
Explanation:
Customer-focused compensation strategy is the rating system where the employees are rated based on the way customers are being serviced. In this scenario, Mich Inc. is rating its employees on their friendliness, usefulness, and product knowledge, so the compensation strategy followed by Mich is closely described as a customer-focused strategy.
