If a person write a check for $759 to make a payment on a loan, then the account balance would be changed as in the balance sheet of the person.
<h3>What is account balance?</h3>
An Account balance is limited as the amount of monetary system that is hold in a specific account in the bank account or in any another account.
From the given case, if a person make a payment of loan, then the account balance would be:
Assets = $36,767 ($37,526 – $759)
Liabilities = $12,086 ($12,845 -$759)
Equity = $32,500
Therefore, the balance of Equity remains unaffected by the payment of loan.
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Answer:
$4,500
Explanation:
The computation of the annual financial advantage (disadvantage) for the company is shown below:
Sales (9,000 units × 20.50) $184,500
Less: Variable costs:
Direct materials (9,000 units × $3.10) -$27,900
Direct labor (9,000 units × $1.50) -$13,500
Variable manufacturing overhead (9,000 units × $6.40) $57,600
Increase in variable costs (9,000 units × $5) -$45,000
Less: Investment in special molds -$36,000
Financial advantage $4,500
We simply deduct the all cost from the sales so that the financial advantage could come
Answer:
The correct answer is C) The curve shifts to the left because if firms invest less, they will produce less goods and services, that is to say, the will produce less ouput, which will cause a shift of the aggregate demand to left, because the Y axis of the AD Curve represents output.
