I do believe that is the gross domestic product!
Answer:
A. Appropriation
Explanation:
Appropriation is the act of taking something such as an idea, custom, or style from a group or culture that you are not a member of and using it yourself.
Here we have not been given the answer choices. However, we can see that these choices are: 2/10 net 30, 2/5 net 30, 2/5 net 20, 1/10 net 45, 1/5 net 15
Here we are to select the best one if you want to forgo the discount. Since you want the discount to be forgone, we will select the plans that offer the least discount which are options 4 and 5 1/10 net 45 and 1/5 net 15.
Net out of these two, the 1/10 net 45 gives you discount of 1% for 10 days with total payable in 45 days and the other one gives you a 1% discount in 5 days. So we would like to select the one with most number of days without discount and this would be 1/10 net 45 and would give you a total of 45 days to pay the credit as against only 15 days in other option.
Hence the option which best suites is 1/10 net 45.
Answer:
the supply will decrease causing an increase in pricing on mattresses.
Explanation:
Monopolism occurs when only one supplier produces a product with no other competitors. They control the supply and price of commodities.
Since other mattresse sellers have closed shop, the final seller will have monopoly of the mattresse market.
In order to maximise revenue he will reduce supply and increase prices so that customers will have no choice but to buy the scarce mattresse at higher price.
Answer:
d. posting
Explanation:
There are various steps to prepare the financial statements. These are as follows:
1. Journalizing: It is a recording of business transaction with a narration in which the one account is debited and the other account is credited. It can be more transactions debited and credit that is depending upon the nature of the transaction.
2. Ledger posting: After recording the journal entries, the next step is to make the number of ledger i.e posting of the amount and the accounts to their respective ledger i.e sales ledger, purchase ledger, etc
3. Trial balance
4. Income statement
5. Statement of owners equity
6. Balance sheet
7. Cash flow statement
