Answer:
ending balance for allowance for bad debt = 1,800
Explanation:
allowance 2,000 credit
write-off (4,200)
adjusting 4,000
ending balance 1,800
The write-off decrease the value of the allowance
The adjusting it is recognizing bad dbet, so it increase their balance.
Answer:
a. Negative
b. Negative
c. No
d. Negative
Explanation:
a. There is a negative relationship between price level and consumption. As the price level increases, the real money income and purchasing power of consumers decline. This causes their consumption spending to decline as well.
b. There is a negative relationship between the price level and investment. A decline in the price level implies that the consumers will need a lesser amount of money. This will cause the demand for money to decrease. The leftward shift in the money demand curve will cause the interest rate to fall. At a lower interest rate, the investment will be higher.
c. There is no direct relationship between the price level and government spending. An increase in government spending will increase aggregate demand. This, in turn, will cause the price level to increase. Though an increase in price level does not essentially cause government spending to increase.
d. A higher price level will make domestic goods expensive as compared to imports. This will cause the imports of goods to increase and exports to decline. So an increase in price will cause the net exports to fall.
Answer:
the increase resulting from this merger = 256
Explanation:
before the merger, both Fiat and Case's contribution to Herfindahl-Hirschman index = 16² + 8² = 320
after the merger, Fiat and Case's contribution to Herfindahl-Hirschman index = 24² = 576
the increase resulting from this merger = 576 - 320 = 256
Answer:
Option D is correct because a penalty clause is excessive harm mitigation charge which is written in the contract so according to the law in case of default of one party the other party must be only compensated for the damage. So in this case Evan has used a penalty clause to enforce Drew to sell him his house. If Drew wants to default then he will have to compensate for the demages to Evan due to his default.