Answer:
Entries are given below
Explanation:
Calculations
Cash = ($68,000 x 90%) - ($68,000 x 2%)
Cash = $61,200 - $1,360
Cash = $59,840
Loss on sale = ($68,000 + $3,800) - ($59,840 +$5,800)
Loss on sale = $71,800 - $65,640
Loss on sale = $6,160
Entries
DEBIT CREDIT
Cash $59,840
Loss on sale $6,160
Receivable from factor $5,800
Recourse liability $3,800
Receivables $68,000
File extensions are a way of labelling the names of files so you and your computer can keep track of what they contain. File extensions are a way of letting the user and their computer know what type of program created any given file.
Answer:
1-2%
Explanation:
In simple words, every nation in the world have some kind of central authority that works to control and keep the inflation as low as possible. However, too low inflation can also lead to recession which brings problems way worse than inflation.
Thus, keeping in mind about all the information we have studied, it is advisable to keep inflation at 1% or 2% band, so that economy can grow moderately along with no price pressure on consumers.
Answer:
Explanation:
1. To find the cost per unit of production, first we find the total cost. So we multiply the unit of each factor used times its cost.
capital: 2*$10=$20
raw materials: 5*$4=$20
labour: 8*$3=$24
Total cost: $20+$20+$24=$64
Then we divide the total cost over the total units produced:
Cost per unit: $64/640=$0,1 Answer is B
2. If the cost per unit of raw materials increases from $4 to 8$. Then the total cost of production will be:
capital: 2*$10=$20
raw materials: 5*$8=$40
labour: 8*$3=$24
Total cost: $20+$40+$24=$84
To find how much the cost per unit will rise, to find how much it rises
64$→100%
$84←x
x=($84*100%)/$64=131.2%
131.2%-100=31.2%. The answer is B
3. Because there is a change in raw materials, then there would be changes in the supply demand. In this case, the total cost and the cost per unit increased, then it is a negative shock to the supply demand. This is represented as a shift to the left. The answer is D
