Answer:
D) Factors of production
Explanation:
The four factors of production are:
- land: any natural resource used to produce or manufacture goods and service
- labor: human work
- capital: machinery, tools, buildings, equipment that labor uses to produce or manufacture goods and services
- entrepreneurship: people that have the ability to combine the other three factors of productions and start to produce or manufacture goods and services
 
        
             
        
        
        
Answer: A deferred call provision prohibits the bond issuer from redeeming callable bonds prior to a specified date.
Explanation:
A deferred call provision refers to the provision whereby the calling of a bond before a particular date is prohibited. The bond is known to be call protected during this period.
Therefore, a deferred call provision prohibits the bond issuer from redeeming callable bonds prior to a specified date.
 
        
             
        
        
        
Answer: normal /upward sloping
Explanation:
The yield curve is a curve that shows the relationship that exist between interest rate and time to maturity. According to the expectation theory, it is stated that the yield curve will be upward sloping when there's increase in inflationary expectations.
The slope of the yield curve helps in giving a clue to know the direction of future interest rates. It should be noted that an upward sloping curve means that there is an expectation of higher interest rates in the future.
Therefore, when investors expect inflation to increase over the next 20 years and the maturity risk premium to increase over the next 5 years, the general yield curve will be upward sloping.
 
        
             
        
        
        
Option C
Costly to imitate criteria for sustainable competitive advantage
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Explanation:</u></h3>
Sustainable competitive advantages are business assets, properties, or skills that are hard to replicate or exceed; and render a higher or complimentary long term situation over competitors.  A company must produce distinct goals, plans, and methods to create a sustainable competitive advantage.
  It needs huge expenditure in time and money to create a brand. It demands very limitedly to destroy it. A good brand is precious because it prompts customers to favor the brand over competitors. A unique product or service increases customer support and is less suitable for a competitor to imitate.
 
        
             
        
        
        
Answer:
Expense & revenue summary a/c (credit balance) = $3500
Explanation:
   1. Dr  Expense & revenue summary 52500
                           Cr Sales discount                     1500
                           Cr Sales return & allowance   3000
                           Cr   Depreciation expense      25000
                           Cr   Salaries expense               23000
          (Close expenses to expense & revenue summary a/c)
2. Dr Sales    56000
                            Cr  Expense & revenue summary  56000
        (Close sales to expense & revenue summary a/c)
3.  Dr Expense & revenue summary a/c 3500
                          Cr  Retained earning a/c           3500
       (To close expense & revenue summary a/c)
4. Dr Retained earning  2000
                           Cr Expense & revenue summary  2000
        (Close dividend to expense & revenue summary a/c)d