During the debates over the ratification of the constitution, most people assumed that <u>George Washington</u> would be the first president.
<h3>What is the ratifying the Constitution about?</h3>
The federalists were said to have been in favor of the constitution and they were the set that was said to have wanted a strong national government that the constitution can be able to provided.
Note that the anti-federalists were people who believed that the federalists served as a threat to state governments.
Therefore, During the debates over the ratification of the constitution, most people assumed that <u>George Washington</u> would be the first president.
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A company paid $500 cash for a new printer. the entry to record this transaction would include a Credit to cash.
To show that the supplier has received payment, the amount is deducted from their accounts payable account. It will thereafter be assigned to an invoice that is posted to the supplier's account. The business has paid for cash, and it has to be added to the cash asset account.
When a company pays a supplier cash but the money is not credited to a specific supplier invoice or the supplier has not yet received an invoice, a paid cash on account journal entry is required. Consider a scenario where a company requests design services and pays a provider $2,000 in cash.
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Answer:
$65
Explanation:
The calculation of the break even price for this position is given elow:
Break even price is
= Strike price - premium
= $70 - $5
= $65
The stock goes increase i.e. upwards to $65 so the amount that lose is only $5 but it declines than the stock would be $0
Therefore, the break even price of this position is $65
So, by using the above formula we can get the break even price and the same is to be considered
Answer: Decrease in efficiency and decrease in equality in the united states.
Explanation: In economics the situation in which one thing cannot be improved without the other thing being hurt is called efficiency. Decreasing tax on wealthy and decreasing welfare payments will both result in decrease in efficiency in the economy as well as decreasing the equality as the wealthy will have more to save and consume and the poor ones living standard will decline further.
Answer: 110 days
Explanation:
The operating cash cycle is the difference between the operating cycle (accounts receivable and inventory) and the payment cycle (accounts payable)
Days of operating cycle = (Days Accounts Receivable + Inventory days) - Days of Accounts Payable
Inventory days = Days Accounts receivable - Days accounts payable - Days of operating cycle
Inventory Days = 40 - 30 - 120
Inventory Days = 110 days