Answer:
$63,500
Explanation:
Interest expense paid in cash $55000
Less: Adjusted for accrued interest $13,000
payable
Add: prepaid interest adjusted <u>$21,500</u>
Interest expense in its current year <u>$63,500</u>
statement of income
When the aggregate demand curve shifts rightward, this will increase Economia's real output and the price level.
<h3>What happens when the aggregate demand shifts rightward?</h3>
The aggregate demand curve is a curve that shows the total quantity of all goods and services demanded by the economy at different price levels. The aggregate demand curve slopes downward.
When aggregate demand curve shifts to the right, there would be an increase in the real output and the price levels.
To learn more about the demand curve, please check: brainly.com/question/25140811
Answer:
Socially responsible
Explanation:
A socially responsible company is one that seeks to identify as well as relieve the social needs in its business environment.
A major social problem or need around the world is the lack of clean drinking water and birthing services. Thus, by proffering solutions to this problem loyal customer of TOMS shoe company could notice that the company takes seriously its responsibility to the society.
Answer:
4.5
Explanation:
Inventory refers to the goods that a company has in its stock. Inventory includes raw materials and finished goods sold by the company.
Inventory turnover refers to the number of times a company sells and replaces its inventory during a given period.
Annual sales of a manufacturing company 
Inventory 
Inventory turnover ratio for the company = Sales/Inventory
Answer:
$19
Explanation:
Marginal revenue is the change in revenue when production increases by one unit
Marginal revenue = change in total revenue / change in quantity produced
total revenue 1 = $30 x 10 = $300
Total revenue 2 = $29 x 11 = $319
change in total revenue = $319 - $3000 = $19
Change in quantity produced = 11 - 10 = 1
Marginal revenue = $19 / 1 = 19
