Keynes would predict that aggregate income would decline, but rise in the future, if the additional savings were not translated into investment.
According to the Keynesian model. the government puts price controls on the economy, keeping the price level fixed.
Answer:
The answer is
Dr: Notes Receivable $4,800
Dr: Interest Receivable $120
Cr: Sales $4,920
Explanation:
The yearly interest rate is 10%
So the interest rate for 90 days(assume 360 days make a year?
90/360 x 10%
2.5% is the interest rate for 90 days.
The interest payment for 90 days will be;
2.5% x $4,800
= $120
The entry will now be:
Dr: Notes Receivable $4,800
Dr: Interest Receivable $120
Cr: Sales $4,920
Answer:
transferred out = 1550 units
Explanation:
given data
beginning WIP inventory = 600 units
received = 1,500 units
end of month with process = 550 units
to find out
transferred out
solution
we get here transferred out by the given equation that is
Units in Work in process at the end of the month = Beginning WIP inventory + Units receive or started - transferred out ..................1
put here value we will get
550 = 600 + 1500 - transferred out
transferred out = 1550 units
I believe this is true.
Hope this helps!
