Answer:
B. Debit Notes Receivable $4,000; credit Sales $4,000
Explanation:
Notice we are asked for hthe entry in the supplier's book:
The supplier will take the note thus, it will ahve a note receivable as in the future it expect to receive a cashflow.
The interest will be accrued over time, so are ignored for the moment
The supplier also has to recognize the amount of sales revenue earned with the sale.
Answer:
D. They provide the four factors of production and spend money on the product market.
Explanation:
In circular flow of business, all the players namely; household, government agencies, firms and others in an economy have an important role to play.
The level of a nation's employment status, price level and income are determined as a result of various interactions among firms/businesses, household and government agencies.
When a unit spends money, it becomes the income of another unit. Household goes to market with their monies to buy goods and services, while firms goes to the factor market to buy the resources, which are owned by the household, to produce the goods and services.
As for the government agencies, they collect taxes on the goods and services produced and on income(both household and firms) . Government also buys goods and services inorder to produce specialize goods.
Through these interactions, money and business changes hands from the household to the firm and then to government. It goes back to the household and the list goes on and on.
Answer:
Contribution Margin for each corporate customer= $ 67.5
Explanation:
Intricate Computer Solutions
<u><em>Corporate Business Segment Individual Business Segment</em></u>
Revenue. $ 60, 000 $ 45,000
<u>Variable costs $ 33, 000 $ 25,100</u>
<u />
<u>Contribution Margin $ 27,000 $ 20,000 </u>
Less
<u>Fixed costs $ 7, 500 $ 7, 500 </u>
<u>Operating Income $19,500 $12,500</u>
Contribution Margin for each corporate customer= Contribution Margin/ No Of Customers =$ 27000/ 400= $ 67.5
The most appropriate job for Janelle is in clerical work. The answer is B.
Clerical work requires competent systematic skills. Since Janelle is very comfortable in arranging or organizing files, she is very compatible with the job. Moreover, clerical work requires focus and does not really require interaction with workers. As long as you are able to deliver the outputs, that is already considered as efficient.
