The first test case should fail. When all the test results are completed, you will save the test case results
<span>Mcdonald's, a fast food chain headquartered in the united states, applies the morality it practices in the united states to all foreign countries in which it operates. mcdonald's is adhering to "Moral Universalism". Moral Universalism is the need for a moral standard that is accepted by all cultures.</span>
Answer:
c. $33,000
Explanation:
The computation of the bad debt expense is shown below:
= Estimated uncollectible amount + debit balance of allowance for doubtful accounts
= $25,000 + $8,000
= $33,000
To find out the bad debt expense, we have to add the estimated uncollectible amount and the debit balance of allowance for doubtful accounts so that an accurate amount can come.
Answer: Reconveyance deed
Explanation: A Reconveyance deed is used to indicate that a borrower has paid his loan or debt in full. A Reconveyance deed is issued by the trustee or lender to signal the transfer of title to the original owner after he or she must have satisfied the term of loan issued by the trustee. A Reconveyance deed is usually notarized containing a legal description of the property and its parcel number.
Answer:
demand for loanable funds will decrease
Explanation:
Loanable funds is the total of all funds that people have saved and deposited in the savings account of commercial banks. This saved funds are in turn lended out to borrowers so as to gain returns (interest) on it.
When a private investor becomes less optimistic, they would not want to invest their money in loan able funds, therefore the demand for loan able funds will decrease which leads to reduction in the real interest rate.
