The appropriate response is sales revenue. Revenue is the measure of cash that an organization really gets amid a particular period, including rebates and conclusions for returned stock. It is the "best line" or "gross pay" figure from which costs are subtracted to decide net salary.
The accounts that will be used to record the disposal of the assets are Gain/loss on sale of asset and Sales Income
<h3>What is a
disposal account?</h3>
A disposal account calculates the gain or loss account that appears in the income statement.
The disposal account records the difference between the disposal proceeds and the net carrying amount of the fixed asset being disposed of.
Hence, the account that will be used to record the disposal of the assets is Gain/loss on sale of asset and Sales Income
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Answer:
the present value is $88,087.08
Explanation:
The computation of the present value is shown below:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
$203,000 = Present value × (1 + 0.11)^8
So, the present value is $88,087.08
hence, the present value is $88,087.08
If there is a withdrawal of cash from a bank which does not go below the required reserves, the withdrawal will not change money supply but will reduce bank checkable deposits.
<h3>What does withdrawing from a bank do?</h3>
If one withdraws money from a bank, it will reduce the bank's checkable deposits as these are made of cash that was deposited by entities.
As regards total money supply however, these withdrawals will only have an impact if the withdrawal causes bank reserves to fall below the required reserves.
Find out more on required reserves at brainly.com/question/10684321.
Suppose there are 70 million people in the labor force, out of which 60 million are employed, then the unemployment rate is: 14.28%.
An unemployed person is someone who does not have a job but is actively looking for one. Employed or Not Employed? You are employed part-time. If you work as a student, the university cafeteria is employed.
Labor force participation rate = (labor force/working age population) x 100 where labor force = employment + unemployment. To solve this problem, we need to know the number of people employed, the number of job seekers, and the working age population.
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