Answer:
The answer is A. A debit to Accounts Receivable for $ 586,080
Explanation:
Sales tax is an additional amount of money one pays based on a percentage of the selling price of goods and services that are purchased.
The sales tax amount will be added to sales revenue to form the total bill.
Sales revenue ----------------- $528,00
Sales tax -------------------------- 11%
Sales tax amount
$528,00 x 0.11
= $58,080
Therefore, total bill is:
$528,00 + $58,080
=$586,080.
Debit increases an asset(accounts receivable) while credit decreases an asset(accounts receivable).
Since the accounts receivable will increase, it will be on debit side.
Answer:
Option (b) is correct.
Explanation:
When we are considering the theory of liquidity preference, the higher interest rate will lead to reduce the demand for real balances and will lead to increase the supply of real balances. As it will be profitable for the money holders to invest money in bonds because the opportunity cost holding money (i.e. interest rate) is higher. So there will be more supply of real balances as compared to the demand for real balances.
Answer:
Frictional
Not Unemployment
Structural,
Explanation:
Unemployment can be defined as members of the labour force that do not have a job but are actively seeking employment
Types of unemployment
structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent. Ned is structurally unemployed due to changes in his industry
Frictional unemployment: the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. The period from when graduates till when he gets a job, he is frictionally unemployed
Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom
Jane is not unemployed because she is not seeking employment
Explanation:
principal ...............
Answer:
ANSWER C
Explanation:
hmmmm well lets see here, you usually need points of parity when you try to mimic other products so i would say C. points of parity are like similarities points of difference basically give ideas that are unique to only that product.
