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Aleks04 [339]
3 years ago
6

A rightward shift of the supply of loans curve would

Business
1 answer:
Minchanka [31]3 years ago
3 0

C. increase in the interest rate

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On March 17, Jackal Lumber sold building materials to Fredo Limited for $15,000 with terms of 3/10, net 20. What amount did Jack
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$15,0000 is recorded as revenue

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The amount of $15,000 is recorded as revenue immediately the sale is made on March 17. The Discount allowed of $300 (2%).

"3/10, Net 20" means Fredo will enjoy 2% discount if he pays within 10 days or pays in full within 20 days. The amount recorded in revenue will not change regardless of which option he chooses.

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What is the major determinant of supply? 
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The available demand and goods
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