A lot of things can affect your monthly payments, but here are a few major ones. The amount you decide to put down as a down payment, your interest rate, t<span>he length of the loan you choose to take and t</span><span>he amount of the home you decide to purchase. </span>
Answer:
Kelly Pitney
Explanation: Amount in $
May 3. Cash Dr.4,500
Unearned Revenue Cr.4,500
May 5. Cash Dr.2,450
Advance fee Cr.2,450
May 9.
Advertisement Expense Dr. 225
Cash Cr.225
May 13. Stationary Dr. 640
Cash Cr.640
May 15. Account Receivable Dr. 9,180
Service Revenue Cr. 9,180
May 16. Salaries Expense Dr.750
Cash Cr.750
May 17. Cash Dr.8,360
Service Revenue Cr.8,360
May 20. Supplies Dr.735
Supplies Payable Cr.735
May 21. Account Receivable Dr.4,820
Service Revenue Cr.4,820
May 25. Cash Dr.7,900
Service Revenue Cr.7,900
May 27. Cash Dr.9,520
Account Receivable Cr.9,520
May 28. Salaries Expense Dr.750
Cash Cr.750
May 30-31. Utility bill-Telephone Dr.260
Utility bill- Electricity Dr.810
Cash Cr.1,070
May 31. Cash Dr.3,300
Service Revenue Cr.3,300
May 31. Account Receivable Dr.2,650
Service Revenue Cr.2,650
May 31. Drawings Dr.10,500
Cash Cr.10,500
b. Trail Balance
Kelly Pitney
For the moth of May
Amount in $
Dr. Cr.
Cash 22,095
Unearned Revenue 6,950
Advertisement Expense 225
Stationary Expense 640
Account Receivable 7,130
Service Revenue 36,210
Salaries Expense 1,500
Supplies Payable 735
Supplies Expense 735
Electricity Expense 810
Telephone Expense 260
Drawings 10,500
Total 43,895 43,895
<span>A niche strategy has competitive advantages,
such as it is suitable for small companies with
limited resources. It can be used in a limited geographic area and
product line is focused on a specific product. In contrast, with </span><span>product/service differentiation, there is a big difference, in which,
there is a strong dealer networks, consistent product reliability, with credible
image and various brands name and services.</span>
<u>Answer:</u>
<em>True
</em>
<em></em>
<u>Explanation:</u>
Macroeconomics is a part of financial aspects that reviews how a general economy—the market frameworks that work on a vast scale acts. Macroeconomics manages the exhibition, structure, and conduct of the whole economy, rather than microeconomics, which is progressively centered on the decisions made by singular entertainers in the marketplace.
Macroeconomists create models clarifying connections between these components. Such macroeconomic models and the gauges they produce are utilized by government elements to help in the development and assessment of financial, money related, and monetary approaches; by organizations to set methodology in household and worldwide markets.
Complete/Correct Question:
Assume that Brad and Theresa can switch between producing wheat and producing beef at a constant rate.
Minutes Needed to Make
1 Bushel of Wheat
Brad: 10
Theresa: 6
1 Pound of Beef
Brad: 12
Theresa: 10
Brad has a comparative advantage in the production of
a. wheat and Theresa has a comparative advantage in the production of beef.
b. beef and Theresa has a comparative advantage in the production of wheat.
c. both goods and Theresa has a comparative advantage in the production of neither good.
d. neither good and Theresa has a comparative advantage in the production of both goods.
Answer:
B, beef and Theresa has a comparative advantage in the production of wheat.
Explanation:
Firstly, let's define comparative advantage.
Comparative advantage can be said to be the ability to produce a product at a far lesser rate than is obtainable.
From the above question, it can be deduced that Theresa has a comparative advantage in the production of wheat going by the huge difference in the time needed to produce wheat.
On the other hand, Brad has a comparative advantage in the production of beef. This is because the time difference in the production time of wheat isn't the same with beef and as such Brad has some advantage in this regard.
Cheers.
