Answer:
(C) Cash
Explanation:
Receivables means deptors. These are obligations that has been honoured and value given, but you're yet to get cash. Receivables are seen as such. So the things you've given value to and you're yet to receive cash or payment for are receivables.
So when receivables are collected, then the asset account Cash is increased.
On the Delivery of goods or Services, the company debits Accounts Receivable and credits what is known as Sales Revenues or Service Revenues. When an account receivable is collected say 30 days later, the account receivables is reduced and the Cash or bank account is increased.
Answer: Option (B)
Explanation:
A partnership is referred to as or known as an arrangement where organizations, parties, business partners, tend to agree to cooperate with each other in order to advance the mutual interests they have. These partners that are in partnership may tend to be businesses, individuals, organizations, governments. Organizations tend to partner in order to increase their likelihood of achieving the mission and also amplify reach.
Answer:
See attached pictures.
Explanation:
See attached pictures for explanation.
Answer:
The answer is below
Explanation:
Using an optimal choice model to find the value of F such that you are indifferent between joining and not joining.
Let N be the number of visits per year
1) N-number of visits per year 10N=5N+F
Given that 10N=5N+F
Hence F=5N
F = 5N
2) Therefore, Would I go to the pool more or fewer times than if i did not join?
Then, if F is fixed and I join the local Swimmng pool member, I would go more times.
