Answer:
The correct answer is letter "C": Interest rates tend rise during economic expansion and decline during recessions.
Explanation:
The expansion is the period of the economy that represents grow. Because of the prosperity atmosphere, people and businessmen request loans frequently pushing central banks and governmental entities to raise the interest rates to slow down the economy to prevent a recession. The recession itself is the period where the economy is contracted or reduced. In this case, the central banks and governmental entities decrease the interest rates to stimuli economy through loans and purchases.
Answer:
$61,640,000
Explanation:
Earning before tax:
= Net income ÷ 60%
= $148,000,000 ÷ 60%
= $246,666,667
EBIT:
= Earning before tax + Interest expense
= $246,666,667 + $46,000,000
= $292,666,667
EVA:
= EBIT(1 - t) - (Capital employed × cost of capital)
= $292,666,667(1 - 0.4) - ($1,036,000,000 × 11%)
= $175,600,000 - 113,960,000
= $61,640,000
It’s either c or d they make the most science honestly I’d say d tho
<span>Catherine will lose the case since she did not sustain any damages. However, there is a slim (and very unlikely) chance that T</span>om's will might agree to settle if Catherine claims damages in terms of emotional trauma.
Cash will be debited and sales will be credited by $6,120 and cost of good sold with be debited and inventory will be credited by $3,540.
A journal entry is the act of maintaining or producing records of any economic or the non-economic transaction. An accounting journal, which shows a company's debit and credit balances, records transactions. The journal entry may have many records, each of which is either a debit or a credit.
The journal entry to record days cash sales would be as given below:
Cash (Dr) $6,120
To sales $6120
(Being cash sales of $6,120)
Cost of good sold (Dr) $3,540
To inventory $3,540.
(Being cost of cost of good sold)
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