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3 years ago

Notes receivable:_______.

Business

1 answer:

Phoenix [80]3 years ago

5 0

Answer:

D. are supported by a promissory note

Explanation:

Notes receivable defines as a written agreement or promise that is to be received in a future date

It is a mix or combination of both the principal and the interest

It is shown in the current asset side of the balance sheet and it contains the debit balance. Moreover, it is also supported by the promissory note.

Hence the correct option is d.

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50 red and 50 black balls in a box when you randomly pick two balls without replacement

LUCKY_DIMON [66]

2/100
=1/50
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3 years ago

The last stage in sales is<br> Conviction<br> Action<br> Desire<br> Interest

Ksivusya [100]

Answer will be ‘Desire’ according to me.

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3 years ago

Read 2 more answers

A monopolistic firm has a sales schedule such that it can sell 10 prefabricated garages per week at $10,000 each, but if it rest

Wewaii [24]

Answer:

option (D) $1,000

Explanation:

Data provided in the question:

Sales when 10 prefabricated garages per week are sold = $10,000 each

Sales when 9 prefabricated garages per week are sold = $11,000 each

Now,

Marginal revenue is given as Change in revenue with 1 unit change in production

Thus,

Marginal revenue = ( $10,000 × 10 ) - ( $11,000 × 9 )

= $100,000 - $99,000

= $1,000

Hence,

The answer is option (D) $1,000

7 0

3 years ago

Country A would have an absolute advantage compared to Country B in the production of corn if

viva [34]

Answer:

B) Country A uses fewer resources to produce corn than Country B does.

Explanation:

An absolute advantage is a situation where a country or a company can produce some goods and services using fewer inputs compared to competitors. The company can produce more quantity of using the same amount of inputs than others. A country with an absolute advantage will manufacture a product at a lower cost than other countries or companies.

Absolute advantage enables companies and countries to gain from trade. Through specialization, a company will focus on what it can produce at a lower cost than others, and sell it. Country A has an absolute advantage if it can produce corn at a lower cost than country B.

6 0

3 years ago

When the price of good A is $50, the quantity demanded of good A is 500 units. When the price of good A rises to $70, the quanti

katen-ka-za [31]

Answer:

total revenue for 500 is $2500

total revenue for 400 is $2800

Explanation:

given data

price of good A = $50

quantity demanded of good A = 500 units

price of good A rises = $70

quantity demanded of good A falls = 400 units

solution

we get here Elasticity of demand that is express as

Elasticity of demand = (change in quantity ÷ average quantity) ÷ (change in price ÷ average price) .......................1

here

Change in quantity is = 400 - 500 = -100

and average quantity is = $\frac{400+500}{2}$ = 450

and change in price is = 70 - 50 = 20

average price is = $\frac{70+50}{2}$ = 60

so now we put all value in equation 1

Elasticity of demand = $\frac{\frac{-100}{450} }{\frac{20}{60} }$

Elasticity of demand = -0.67

as here the elasticity of demand is inelastic because elasticity is above -1

so about total revenue when price will increases as elasticity is inelastic

so increase in price will cause increase in revenue because revenue is maximum when elasticity = -1

and increase in price will cause increases elasticity in the absolute term and revenue will increase

total revenue = price × quantity

total revenue for 500 = 500 × 5 = $2500

total revenue for 400 = 400 × 7 = $2800

5 0

3 years ago