Answer:
June 15th, 2017
accounts receivables 2,000 debit
sales revenues 2,000 credit
July 15th, 2017
cash 2,000 debit
accouns receivables 2,000 credit
Explanation:
The contract is perform when Cosmo delvier the goods to Greig than aren't rejected. Greig accepted the good thus, the contract is valid from that date.
Answer:
The correct and labeled image of the price ceiling is attached :
Explanation:
The Price ceiling is the legal maximum price, it is ineffective and not true for the market equilibrium price. It is always less than the market price equilibrium.
The correct image on the basis of the given instruction and to the price 3.14bis attached to the answer please zoom to see the clear image.
Answer:
C. Stay Open because Shutting Down would be More Expensive
Explanation:
Although it is quite obvious that in the short-run the business is not breaking even, based on the available options, staying open will be the best current course of action. Staying open and seeing if the trend of things change in coming fiscal years or financial periods will be better than shutting down.
Shutting down takes alot of processes that are quite expensive. Some of the processes include
- The Decision to Close
- File dissolution documents
- Cancel registrations, permits, licenses, and business names
- Comply with employment and labor laws
- Resolve financial obligations
- Maintain adequate records
These processes are expensive and since the business does not know what is causing the inability to cover its entire costs, it should investigate and find ways of increasing its total revenue to cover its entire costs before deciding to shut down completely.
a. Shut Down- Shutting Down is More Expensive
b. Exit the Industry- There isn't enough information to know exactly why the business is not making a profit
Answer:
D. Discount rate
Explanation:
Change the interest rate to the quality of the banks can request from the Federal Reserve System. Member banks can request short-term loans from the EDF. The interest charged by the EDF to banks for loans is called the <u>discount rate</u>, which is higher than the interest rate of commercial banks. This has an effect on the amount of money that banks overdraw.
Short answer, downloading a copy would put it on your hard drive.
