Answer:
It implies that the firm paid $5,000 to its supplier this accounting period (e.g. year) out of the amount the firm is owing the supplier.
Note: The correct answer is as stated above it is not included in the option. Kindly confirm the options again from your teacher.
Explanation:
Accounts payable refers to the amount of money a firm is owing its suppliers.
Account payable is one of the component of the current liabilities in the balance sheet, and non-cash current liability item that is adjusted for in the cash flow statement to arrive at net cash from operating activities when an indirect method is being used.
Since accounts payable is the amount of money a firm is owing its suppliers, a negative a NEGATIVE adjustment to its implies that company has paid its supplier the negative amount in the accounting period.
Therefore, a NEGATIVE adjustment of $5000 related to Accounts Payable implies that the firm paid $5,000 to its supplier this accounting period (e.g. year) out of the amount the firm is owing the supplier.
(a)
the probability that a randomly selected student is male, given that the
student is a nursing major.
total nursing
Majors (male+female)--------98+741=839
<span>Total males nursing Majors ---------------------98</span>
P=98/839=0.1168=11.68%
(b) the
probability that a randomly selected student is a nursing major, given that
the student is male.
total nursing
Majors (male+female)--------98+741=839
<span>Total males --------------------------------------1151</span>
P=98/1151=0.0851=8.51%
Answer: Worsen; benefits
Explanation:
Specific Automakers is signing a long term contract with the union who are the representative of workers.
Real wages should increase by = 2%
Expected inflation = 5%
Nominal wage increase = 7%
Actual inflation = 6%
Actual inflation is greater than expected inflation, so this would worsen the union and it is beneficial for the automakers because now real wage increase is only:
= Nominal wage - Actual inflation rate
= 7% - 6%
= 1%
This is an example of re-distributive cost of inflation.
<span>C.) The amount of money earned in a week being invested in new book purchase
Hope this helps!</span>
