It is common because it is a. book that was written a man name oliver in 1881
I’m thinking it’s A or C, would anybody be able to correct me?
Answer:
b. the market price and the minimum price a seller is willing to accept
Explanation:
The formula to find out the producer surplus is shown below:
Producer surplus = Market price - minimum price to sell the goods
It shows a difference between the market price and the minimum price for accepting the price
Let us take an example, the market price is $10 and the minimum price for accepting the price is $5
So, the producer surplus equal to
= $10 - $5
= $5
Answer:
The adjusted cash balance per bank at July 31 is <u>$8,720</u>
Explanation:
Adjusted cash balance is the cash balance calculated after required adjustments in the balance as per bank or balance as per record of the entity having that bank account.
Accroding to the bank reconciliation statement
- The outstanding checks are deducted from the cash balance as per bank because these are the check issued but not be presented in the bank until the end of a period.
- On the other hand, the deposit in transit is the cash that is to be received but this balance is in the clearing process of the check.
- Bank Service charges is already adjusted in the balance as per bank.
Adjusted Balance can be calculated as follow
Cash balance as per Bank ______________ $8,085
Less: Outstanding Checks ______________ $755
Add: Deposit in transit _________________ <u>$1,390</u>
Adjusted Cash balance ________________ <u>$8,720</u>
Principal amount (P) = I / (RT)
I = Interest amount
R = Rate of Interest
T = Total number of years
P = I / (RT)
P = $72,000 / (12% * 8)
P = $72,000 / 0.96
P = $75,000
What is meant by using the rate of interest?
An rate of interest tells you the way high the value of borrowing is, or high the rewards are for saving. So, if you're a borrower, the rate of interest is the amount you are charged for borrowing money, proven as a percentage of the total amount of the loan.
What is rate of interest with examples?
The rate of interest affords the exact quantity of hobby someone earns or pays for a loan. For instance, a mortgage of $100 with a nominal rate of interest of 6% might accrue $6 in interest ($100 X 0.06). The rate does no longer alternate if the amount of the loan increases. A borrower could nonetheless pay 6% if the loan elevated to $1,000.
What are the forms of rate of interest?
There are essentially three fundamental varieties of rate of interest: the nominal hobby price, the effective charge, and the real hobby fee.
Learn more about rate of interest here:- brainly.com/question/25793394
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