Answer:
$106 million
Explanation:
allowance for doubtful accounts
debit credit
beg. balance 426
bad debt 85
ending balance <u>405 </u>
106
Since you need $106 million to balance the account, that should be the amount of bad debt written off during the current year. Allowance for doubtful accounts is a contra asset account, any debit balance increases accounts receivable while a credit balance decreases it.
I think this is a true or false question
The above statement is true.
As we can see that there are always some sort of affinity among people some have highly positive towards some and negative towards others so they will try to group up with the ones they like but this would always lead to dissatisfaction of some people in group as they will feel unfair as they are not in group they wanted but in random assignment no one has control so even if they are unsatisfied they cant blame it on others. So there are lesser differences
Answer:
out of the loanable funds market.
Explanation:
In the case when the Fed purchased bonds from a financial institution so the new money shift directly out of the funds market i.e. lonable because the bank reserve would increased also they begins lending at lesser rate of interest
Therefore as per the given situation, the fourth option is correct
And, the same is relevant
Answer:
nominal interest rate = 5%
real interest rate = 3%
Explanation:
given data
deposit previous = $2,000
deposit present = $2,100
CPI consumer price index rises = 200 to 204
to find out
nominal interest rate and real interest rate
solution
we get here first nominal interest rate that is express as
nominal interest rate = ( deposit present - deposit previous ) ÷ deposit previous × 100 ..........................1
put here value we get
nominal interest rate = 
× 100
nominal interest rate = 5%
and
now we get here inflation rate that is
inflation rate = ( CPI present - CPI previous ) ÷ CPI previous × 100 .............2
inflation rate = 
× 100
inflation rate = 2%
and
real interest rate will be as
real interest rate = nominal interest rate - inflation rate .................3
real interest rate = 5% - 2%
real interest rate = 3%
Answer: Business can positively influence how society operates. It can build and maintain social capital through its core operations; the goods and services it provides; and the activities supported through increasingly global and complex supply chains.
Explanation:
