Answer:
The journal entries are shown below:
Explanation:
Cash $149,040
Due from factor $11,592 ($165,600 × 3%)
Loss on sale of receivables $4,968 ($165,600 × 3%)
To Account receivable $165,600
(Being the factoring of account receivable is recorded)
Account receivable $165,600
To Due from factor $11,592 ($165,600 × 3%)
To Cash $149,040
To Gain on sale of receivables $4,968 ($165,600 × 3%)
(Being the factoring of account receivable is recorded)
Only these entries are passed
Answer:
Explanation:
It means that there must be a huge number of people that have little or nothing.
The most recent estimate of America's population is 331,000,000 roughly
1% of the population is 331,000,000 * 1/100 = 3,310,000
So that means that 3 million people own 33% of 14 trillion in property alone. These numbers are really hard to imagine.
1 trillion has 12 zeros behind it
so 14 trillion has 12 zeros behind it.
3 million people own 1,400.000,000 = 14 000 000 000 000 dollars worth of property.
That means that each person in that group of 3 million is 1 of 14 , 000, 000 in wealth just in property alone. The goods will dilute this somewhat, but I think you get the idea.
3 million people in the United States are multimillionaires, if they own 100% of the property. Of course that isn't true, but I think it's fair to say that they are not poor either.
An increase in government spending raises income (B) in the short run, but leaves it unchanged in the long run, while lowering investment.
<h3>
What is government spending?</h3>
- All government purchases, investments, and transfer payments are included in what is known as government spending or expenditure.
- Government final consumption spending is defined in national income accounting as the purchase by governments of goods and services for immediate consumption, to primarily meet the individual or collective needs of the community.
- Government investment is defined as the purchase of goods and services by the government with the intention of generating future benefits, such as infrastructure investment or research spending (government gross capital formation).
- Together, these two categories of government spending—on final consumption and gross capital formation—make up one of the primary parts of the GDP.
Therefore, an increase in government spending raises income (B) in the short run, but leaves it unchanged in the long run, while lowering investment.
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The correct answer would be, Primary Data.
This type of research is described by marketing professionals as the collection of Primary Data.
Explanation:
There are two types of data that is being collected and used for a research. They are as follows:
- Primary Data
- Secondary Data
Primary data is the data which is collected for the purpose for which the research is being conducted. Secondary data is the data which was collected for some other purpose but can be used in the current research as well.
So when the marketing department will collect a lot of information on what customers want while they are at the park, through surveys and direct questioning, the team of marketing department will basically be collecting the Primary data for their research in which they will come to know about the customer needs and wants directly.
Learn more about types of data at:
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Answer:
Ans. Car loans must be $4,000,000 and Home loans $16,000,000 in order to use all the conditions in the problem. Return= $2,000,000
Explanation:
Hi, well, you need to make sure to get as many car loans as the conditions of the problem allows you, since it returns 14%.
I used MS Excel solver to find this result, please download the excel spreadsheet attached to this answer.
Best of luck.
