Explanation:
Refers to how well a product or service meets the customer's needs
Answer:
Explanation:
DATE Account AccountsPayable OfficeSupplies OtherAccounts
Credited credit debit debit
Apr. 4 Officemate $620 $610 no entry
Apr. 9 Tek Village $2,460 $2,460
Apr. 16Officemate $170 $170 no entry
Apr. 19 Paper to Go $250 $250 no entry
Apr. 30 Total $3,500 $1050 $2,460
b. Total amount posted / credited to accounts payable= $( 620+2,460 + $170 + 250) = $3500
Total amount from and debited from Office supplies = $(610 + 170+ 250) = $1050
What is the April 30 balance of the Officemate Inc. creditor account assuming a zero balance on April 1?
$ __170____ ie $ 610 + 170 - 610( because invoice on April 4th was paid on April 27th.
Suppose the economy is in the long run equilibrium. If there is a sharp increase in the minimum wage as well as an increase in taxes then in the short run, real GDP will
- fall and the price level might rise, fall, or stay the same. In the long run, the price level might rise, fall, or stay the same but real GDP will be lower.
Given that this economy is in the long run equilibrium. Given a sharp increase in minimum wage and taxes, then real GDP will decrease in the short run as well as the price level.
In the long run it may stay the same. But the Real GDP will definitely be lower.
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Answer:
Decreasing taxes would result in a loss of money from government funded organizations and other government jobs. There would be a lower budget for public schools and the salaries of police forces, post offices, and teachers would be forced to be cut. However, this would also raise economic activity, increasing people's ability to buy and coontribute more to the flow of money.
Explanation:
Answer:
30.26%
Explanation:
Return on equity measures how profitable a business is, when compared to it's equity.
Return on equity is computed as;
= Net income / Shareholder's equity
Where,
Shareholder's equity = Company's assets - Debts
= $114,900,000 / ($730,200,000 - $350,496,000)
= $114,900,000 / $379,704,000
= 30.26%
