Answer: $11.25
Explanation:
From the above question, The bank charges 1.5 percent per month and uses the average daily balance excluding new purchases method.
The average daily balance for the month excluding the new purchase is $750.
Therefore, the finance charge =
$750 x 1.5%
= $11.25
Answer:
B. The Accounts Receivable controlling account.
Cash flow statement
hope this helps
This is due to the following reasons:
The curved shape is a representation of the law of diminishing returns. According to this law, there comes a time when an additional production element has less of an impact. Adding more resources to the production process, for example, may result in quite big profits at first.
<h3>What does the production possibility frontier represent?</h3>
- The Production Possibilities Frontier (PPF) is a graph that depicts all of the possible output combinations of two items that can be produced utilizing available resources and technology. The PPF expresses the ideas of scarcity, choice, and tradeoffs.
- A production possibilities curve depicts the possible combinations of two items that an economy can produce. Scarcity is implied by the decreasing slope of the production possibilities curve. The production possibilities curve's bowed-out shape derives from resource allocation based on comparative advantage.
Learn more about Production Possibilities Frontier here:
brainly.com/question/26460726
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