Answer: These could be categorized as follows :-
Explanation:
a. Accounts receivable = Asset in balance sheet
b. Sales = Revenue in income statement
c. Equipment = Asset in balance sheet
d. Supplies expense = Expense in income statement
e. Cash = Asset in balance sheet
f. Accounts payable = Liability in balance sheet
g. Retained Earnings = Equity in balance sheet
h. Revenue = Revenue in income statement
i. Contributed Capital = Equity in balance sheet
j. .Cost of Goods Sold = Expense in income statement
k. Notes Payable = Liability in balance sheet
l. Selling and Administrative Expenses = Expense in income statement
Answer:
it is the sudden ruduction of available money or credit in the banks or lenders
Answer:
Following are the affects of the above events on the SRAS curve
Explanation:
Increase in the price level will have no effect on the short-run supply curve, price level will only affect the long-run supply curve. Likewise, short-run supply curve will shift inwards due to the expected future price expectation. A price level that is currently higher than expected will also shift the short-run supply curve inwards. Increase in the price of an important raw material will shift the supply curve inwards because there is a shift in one of the important raw material. An increase in the labor force participation will increase and shift the short-run supply curve rightwards.
Answer:
LetFM = number of fronts madeSM = number of seats madeWM = number of wheels madeFP = number of fronts purchasedSP = number of seats purchasedWP = number of wheels purchasedMin8FM + 6SM + 1WM + 12FP + 9SP + 3WPs.t.3FM + 4SM + .5WM 5000010FM + 6SM + 2WM 1600002FM + 2SM + .1WM 30000FM + FP 12000SM + SP 12000WM + WP 24000FM, SM, WM, FP, SP, WP 0
