Answer:
Debit Cash and Interest Expense; Credit Notes Payable.
Explanation:
This Journal entry would increase Cash, Interest Expense; and Notes Payable. For example, a borrower would receive $9,901 (proceeds) for a $10,000 (face value) note discounted $101 the journal entry would be debit Cash $9,901, debit Interest Expense $101 and credit Notes Payable $10,000.
Answer:
"Total quality management
" is the correct answer.
Explanation:
- TQM seems to be a management philosophy focused mostly on the idea that such a company can achieve long-term performance by making all its participants concentrate on enhancing efficiency and thereby providing customer loyalty, including low-level staff to their highest position representatives.
- This can be accomplished by the incorporation of all roles and processes relating to quality throughout the business.
Answer:
B) the existence of only two candidates
Explanation:
Thee median voter theorem only considers voting choices along a single dimension, e.g. yes/no, candidate A/candidate B. This theory is based on the premise that median voters are those whose voting peak is at the median and voting equilibrium can be achieved when one majority wins against another alternative.
Theoretically, all that the government must do is find a voter whose preferences for public policies are in the middle of the normal distribution of voting preferences and carry out the policies preferred by that voter.
But when the alternatives are more than yes/no, then the preferences will not be normally distributed.
Answer:
D
Explanation:
Per capita GDP measures the standard of living of the people in a country. The higher the Per capita GDP, the higher the standard of living
Per capita GDP = GDP / population
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
South Korea operates a market economy compared with North Korea. A market economy leads to greater efficiency in production when compared with a command economy.
A market economy is an economy where production decisions are made by the forces of demand and supply. there is no intervention of the government in production decisions
Characteristics of a market economy
• Private ownership of means of production
• freedom of choice. Producers are free to produce what they desire
• competition among producers
• no government intervention.
A command economy is an economy where production decisions are made by the government.
Answer:
Explanation:
There are so many things that can cause customers dissatisfaction which in turn could lead to low patronage.....
1. Lack of interest in the property or service
2. Inability to properly present the product and service
3. Taste of the customers
4. Season at which the products and services are produced
5. Price or cost of product or service
6. Customers income....
7. Management tactics
These are some of the things that can deprive the company from actualising its goals