I think B is the answer. The manager.

**Answer:**

Journal Entries

Apr 08 Debit Bank $5,760 Debit Service charges $240 Credit Revenue $6,000

Debit Cost of goods sold $4,434 Credit Inventory $4,434

Apr 12 Debit Accounts Receivable $7,020 Debit Service charges $180 Credit Revenue $7,200

Debit Cost of goods sold $4,666 Credit Inventory $4,666

Apr 20 Debit Bank $7,020 Credit Accounts Receivable $7,020

**Explanation:**

Judging by the last transaction, The business first requires deposits from Continental card's bank hence the receiving of check at a later stage.

Answer: 1.67

Explanation:

The following can be gotten from the question:

MPC = 0.75

Taxes = 20% = 0.2

Income spent for foreign goods = 25% = 0.25

Then we slot the values into the GDP formula. This will be:

GDP = C+I+G+NX

GDP = C+0.75(Y-0. 2Y)+G+I+NX-0. 25(Y-0. 2Y)

Y = C+0.75(0.8Y)+G+I+NX-0.25(0.8Y)

Y = C+0.6Y+G+I+NX-0. 2Y

Collect like terms

Y = C+I+G+NX+0.6Y-0.2Y

Y= C+I+G+NX+0.4Y

Y-0. 4Y = C+I+G+NX

Y(1-0.4) = C+I+G+NX

0.6Y = C+I+G+NX

Divide through by 0.6

0.6Y/0.6 = 1/0.6(C+I+G+NX)

Y = 1.67(C+I+G+NX)

The expenditure multiplier is 1.67

**Answer:**

17%

**Explanation:**

Purchase price of bond = $921.77

Years investment held = n = 7

Coupon rate = C = 15%

Frequency of payment = m = 2

Annual coupon = $1,000 × (0.15/2) = $75.00

Realized Yield = i

Selling price of bond = PB = $961.22

The realized rate of return is approximately 16.6 percent. Using a financial calculator provided an exact yield of 16.625 percent.