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3 years ago

A phrase that refers to the trade-offs

Business

1 answer:

Ierofanga [76]3 years ago

3 0

Answer:

The correct answer is C

Explanation:

Guns and butter is policy of the economy, where the decision of whether the country is more interested in spending the money on people. It states or explains the relationship among the investment of the nation in defense and the civilian goods.

But in business, guns and butter, will be a phrase which states the trade- off the nations face while selecting to produce or manufacture more or less military or the consumer goods.

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Ken Young and Kim Sherwood organized Reader Direct as a corporation; each contributed $55,000 cash to start the business and rec

Talja [164]

Answer:

The ending retained earning would be $2,400

Explanation:

For computing the ending retained earnings balance, we have to use the formula which is shown below:

Even in the question, the formula is given so we use it

Ending retained earnings = Beginning retained earnings + net income - dividend

Ending retained earnings = 0 + $6,000 - $3,600

In the question, the beginning retained earnings balance is not given so we assume zero balance

So, the ending retained earnings would be $2,400

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3 years ago

The primary purpose of the legal reserve requirement is to:

Marta_Voda [28]

Answer: The correct answer is choice C.

Explanation: The primary purpose of the legal reserve requirement is to provide a means by which monetary authorities can influence the lending ability of commercial banks. These policies are the way in which the Federal Reserve can control the money supply.

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3 years ago

If the price level increased from 200 to 250, then what was the inflation rate?

timurjin [86]

The answer is a. 50 percent

8 0

3 years ago

Read 2 more answers

Dhaliwal Digital categorizes its accounts receivable into three age groups for purposes of estimating its allowance for uncollec

inysia [295]

Answer:

1. Estimate the appropriate 12/31/2021 balance for Dhaliwal’s allowance for uncollectible accounts.

$19,905 credit balance

2. What journal entry should Dhaliwal record to adjust its allowance for uncollectible accounts?

December 31, 202x, adjustment of bad debt expense

Dr Bad debt expense 45,605

Cr Allowance for uncollectible accounts 45,605

= $19,905 + $25,700 = $45,605

Explanation:

Accounts not yet due = $104,000; estimated uncollectible = 15%. ⇒ bad debt = $104,000 x 15% = $15,600

Accounts 1–45 days past due = $14,400; estimated uncollectible = 20%. bad debt = $14,400 x 20% = $2,880

Accounts more than 45 days past due = $5,700; estimated uncollectible = 25%. bad debt = $5,700 x 25% = $1,425

total bad debt expense = $15,600 + $2,880 + $1,425 = $19,905

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3 years ago

in Illinois Mobile homes are generally considered to wich one a. personal property b. real property c.trade fixture d. fixtures

valina [46]

A. personal property

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3 years ago