Answer: I think its D
Explanation: because they have the power to to tax, make enforce laws, and charter banks
Answer:
d. product structure.
Explanation:
Product structure is designed for larger companies. In this flowchart, different products are separated into mini-companies while the management remain unique.
Answer:
Explanation:
The journal entry to record the bad debt expense is shown below:
Bad debt expense A/c Dr $9,000
To Allowance for doubtful debts $9,000
(Being bad debt expense is recorded)
The computation of the bad debt expense is shown below:
= (Ending balance in the Allowance for Uncollectible Accounts) - (credit balance of Allowance for Doubtful Accounts)
= ($12,000) - ($3,000)
= $9,000
Answer: Price floor
Explanation:
A price floor is the legal minimum price control that is imposed by the government. It is binding when the equilibrium price is below the legal minimum price. At the price floor quantity supplied of a good is greater than its demand.Thus there is a surplus in the market at the price floor.
So, the lowest amount a manufacture can pay its factory workers is an example of a price floor.
Price ceiling is the maximum price that can be paid or charged for a good.
