Answer:
what is the balance of Accounts Receivable for Whitewater Rentals at the end of September?
$800
Explanation:
We can seen in the transactions in the question that Whitewater Rentals first obtained $2,000 from rented canoes on account. These $2,000 represent the initial balance of accounts receivable.
Later, credit clients paid $1,200 cash. This reduced accounts receivable by the same amount.
Therefore, the balance of Accounts Receivable for Whitewater Rentals at the end of September is = $2,000 - $1,200 = 800
In the IS-LM model when government spending rises, in the short-run equilibrium, in the usual case the interest rate rises and output rises.
<h3>
What Is the IS-LM Model?</h3>
The IS-LM version, which stands for "investment-savings" (IS) and "liquidity preference-cash supply" (LM) is a Keynesian macroeconomic version that suggests how the marketplace for monetary goods (IS) interacts with the loanable finances marketplace (LM) or cash marketplace.
It is represented as a graph wherein the IS and LM curves intersect to reveal the short-run equilibrium among hobby charges and output.
Your question is incomplete, but most probably your full question was:
In the IS-LM version while authorities spending rises, in short-run equilibrium, withinside the typical case, the interest rate ______ and output ______.
- rises; falls
- rises; rises
- falls; rises
- falls; falls
Hence, the appropriate alternative is rises; rises.
Learn more about IS-LM Model on:
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Answer:
a. People respond to incentives.
Explanation:
Assuming the state of Wyoming passes a law that increases the tax on cigarettes thereby causing smokers who live in Wyoming to start purchasing their cigarettes in surrounding states.
Consequently, an increase in the tax on cigarettes altered the behavior of the smokers in Wyoming, it made them to purchase from neighboring states.
This illustrates or reflect the fact that people respond to incentives.
Answer:
How much does the airplane weigh if it is carrying 55 gallons of fuel?
2433 pounds
Explanation:
W= (2124-1964
)÷(35-10)
w= 160÷
25
w= 6,4
w= (2331-x)÷
(42-58
)
6,4= (2331-X)÷42-58
X= 6,4*16+2331
X= 2433
Answer:
b. $105.00
Explanation:
The computation of the activity rate under the activity-based costing system is shown below:
For Activity 3,
The activity rate is
= Estimated cost ÷ Estimated activity
= $52,500 ÷ 500
= $105
We simply divided the estimated cost by the estimated activity to get the activity rate
All other information which is given is not considered. Hence, ignored it