Answer:
( c ) $27,950
Explanation:
The computation of the uniform amount that should be deposited is shown below:
= Accumulated sum of amount × (A/F, 14% ÷ 2, 2 × 6)
= $500,000 × (A/F, 7%, 12)
= $500,000 × 0.0559
= $27,950
hence, the amount that should be deposited is $27,950
Hence, the correct option is c. $27,950
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The answer is B. standardized products
Explanation:
Monopolistic Competition has the following characteristics :
1. There large numbers of buyers and sellers
2. The products offered by sellers are close substitutes for the products offered by another seller.
3. The costs associated with entry and exit are low.
4. Sellers differentiate their products through advertising, branding etc.
Know that the most distinguishable factor in this market is product differentiation or standardized products.
The extent to which the seller is successful in product differentiation determines pricing power in the market.
The demand curve in this market is downward sloping i.e increase in price will lead to decrease in quantity demanded. This market is similar to perfectly competitive market.
The economic profit will fall to zero in the long run because the entry costs are not high.
The answer is would be d because all credit cards have an interest rate and that will keep going up if you only pay a little bit at a time
Guarantees your money is available when you need it
Answer:
d. debit Accounts Receivable; credit Cash
Explanation:
The cash has been credited with $695 instead of $965 which means that $270 has been credited short. Same way, the liabilities have been debited by $270 short. So, we will have to reverse the entry ie. debit Accounts Receivable; credit Cash
