Answer:
C
Explanation:
The short term amount due (within the next fiscal year) is classified in the current liability section while the amounts due in years 2-5 would be reported in the long term section. Interest is always an expense and never reported on the balance sheet.
Answer: Positive.
Explanation:
Suppose there are two related goods, i.e, Good A and Good B.
Cross price elasticity of demand refers to the responsiveness of demand for Good A if there is a change in the price of its related good, i.e, Good B.
Now, we are talking about gasoline and public transportation, suppose if there is increase in the price of gasoline then it will be costlier for the people to drive their own cars, as a result demand for public transportation increases.
There is a positive relationship between the gasoline and public transportation.
Hence, cross-price elasticity of demand between gasoline and public transportation is Positive.
The technical analysis would be ineffective because The best predictor of future rates would be the forward rate.
Forward rates will includes what the market might exppect for future<span> bond interest </span>rates<span> or currency exchange </span><span>rates while technical analysis mostly rely on the interest rates or currency at current time.</span>
Answer:
Carmen Camry
<u>Income Statement for August 31 </u>
$
Consulting fees earned 27,000
Less Expenses :
Rent expense (9,550)
Salaries expense (5,600)
Telephone expense (860)
Miscellaneous expenses (520)
Net Income / (Loss) 10,470
Explanation:
Income Statement shows the Incomes and expenses for the business for the specific period of operation.