To estimate the amount of money needed so you don't run out.
Answer:
Explanation:
It means that there must be a huge number of people that have little or nothing.
The most recent estimate of America's population is 331,000,000 roughly
1% of the population is 331,000,000 * 1/100 = 3,310,000
So that means that 3 million people own 33% of 14 trillion in property alone. These numbers are really hard to imagine.
1 trillion has 12 zeros behind it
so 14 trillion has 12 zeros behind it.
3 million people own 1,400.000,000 = 14 000 000 000 000 dollars worth of property.
That means that each person in that group of 3 million is 1 of 14 , 000, 000 in wealth just in property alone. The goods will dilute this somewhat, but I think you get the idea.
3 million people in the United States are multimillionaires, if they own 100% of the property. Of course that isn't true, but I think it's fair to say that they are not poor either.
Answer:
Explanation:
Direct Method
Aug
a
Dr Accounts Receivable 55,000
Dr Cash 13,900
Cr Sales 68,900
b
Dr Cash 45,100
Cr Accounts Receivable 45,100
c
Dr Bad Debt Expense 1,680
Cr Accounts Receivable 1,680
d
Dr Accounts Receivable 300
Cr Bad Debt Expense 300
Dr Cash 300
Cr Accounts Receivable 300
Allowance Method
a
Dr Accounts Receivable 55,000
Dr Cash 13,900
Cr Sales 68,900
b
Dr Cash 45,100
Cr Accounts Receivable 45,100
c
Dr Allowance for Doubtful debts 1,680
Cr Accounts Receivable 1,680
d
Dr Accounts Receivable 300
Cr Allowance for Doubtful debts 300
Dr Cash 300
Cr Accounts Receivable 300
Answer:
message flows are modeled with solid arrows
Explanation:
In Business Process Model and Notation (BPMN), message flows are used in the collaboration diagram to show how two or more distinct processes within the model, communicate and collaborate with each other without any form of central control.
Dash lines together with an empty circle are used for the message flow to show where the message comes from and an empty arrow head is used to show where the message would be terminating in the model.
Answer:
The correct answer is option d.
Explanation:
An increase in the market demand will cause the market demand curve to move to the right. This rightward shift in the demand curve will lead to an increase in the market price.
This increase in market price will cause the individual demand curves to move upwards. As the price increases, the profits earned by the firms will increase as well.
Profit to a firm is the difference between its total revenue and total cost, as the price increases, revenue will increase and cost will remain the same. This will cause profits to increase.