Answer:
A I don't know how to explain it but the answer is A
Answer:
Correct answer is B, Debit cash $38,800, debit factoring fee expense $1,200 and a credit of Accounts receivable of $40,000
Explanation:
Factoring is one way to raise fund for immediate use of the company. It is a way to sell accounts receivable of the company. The above-mentioned problem is to sell accounts receivable (factored) with the corresponding factoring fee of 3% and that is $1,200 (40,000 x 3%). In effect of this fee, the company will receive cash less than the amount of its accounts receivable sold. The company will record the inflow of cash at $38,800 (40,000 - 3%) and will also recognize an expense incurred during the factoring in the amount of $1,200 and finally will credit the sold accounts receivable in the amount of $40,000.
Answer:
The correct answer is option b.
Explanation:
When there is a fall in the interest rate, it means the cost of borrowing will decrease. So it will become cheaper for both firms and households to borrow money.
Thus, borrowing will increase. Firms will borrow more for new plants or equipment to increase output. While households will borrow more for building homes and other such purposes.
The answer is D because 4 hours working on problems are 0 hours of reading
Correct/Complete Question:
The view that the family is an enduring social institution because of the important tasks it performs for society — economic security, emotional support, socialization of children — is the __________ perspective.
A. interactionist
B. feminist
C. family systems
D. structure-functional
Answer:
D, structure-functional
Explanation:
A family is seen from structure-functional perspective because of its structure (father,mother, children) as well as its functions (economic security, emotional support, etc) to the society.
This means that the family system is a structured and working system that helps the society in different ways to ensure the well-being of the society at large.
I hope this helps.
