<span>Monetary Policies in the United States are regulated by the Federal Open Market Committee (FOMC) which is a sister arm of the Federal Reserve Board and it says which direction the financial bearings and adjustment of the united state financial conditions sway towards A vote to transform the financial outcome of United States by this FOMC through it's monetary policies can either purchasing or offering US government securities in the open market to build up the advancement of the country.</span>
Answer: $315
Explanation:
The following information can be gotten from the question:
Amount = $9000
Rate = 14%
The receivable was held from October to December. This means it was shelf for 3 months.
Therefore, the accrued interest revenue will be:
= $9000 × 14% × (3/12)
= $9000 × (14/100) × (1/4)
= $9000 × 0.14 × 0.25
= $315
The accrued interest is $315
Answer:
The long run is best defined as a time period
- during which all inputs can be varied.
One thing that distinguishes the short run and the long run is
- the existence of at least one fixed input.
Explanation:
On the long run, all productive inputs can be changed and/or altered. that includes fixed costs like equipment and machinery, building facilities, processes, wages, etc.
On the short run, at least one of the inputs used to produce our goods or services cannot be changed, e.g. wages tend to be sticky, fixed costs (depreciation of equipment and machinery, buildings, etc.)
Answer:
(b) Shane has to pay $20,000 to Morgan for breach of contract
Explanation:
In the situation, it is given that Shane decides to quit as he gets another job so he breaks the contract instead of finishing his work on time.
Due to breach of contract, Shane has to pay $20,000 to Morgan because it is written in the party that if any party breaks the contract than he has to pay the amount. But due to some unnatural causes, no one has to pay.
In the given case, Shane has deliberately broken the contract so it is compulsory to pay the $20,000 to Morgan.
Hence, option b is correct
