Answer:
The net realizable value after the write-off equals is;
B). $2,100
Explanation:
Since and amount of $80 has been written off, this means that this amounts needs to be debited from the accounts receivable while at the same time debiting the accounts credit balance. To determine the net receivables, we can form the expression below;
N=(R-W)-(C-W)
where;
N=net realizable value
R=accounts receivable
W=written off accounts receivables
C=credit balance
In our case;
N=unknown
R=$2,300
W=$80
C=$200
replacing;
N=(2,300-80)-(200-80)
N=(2,220-120)=2,100
N=$2,100
The net realizable value after the write-off equals=$2,100
Answer and explanation:
The difference between constructive and normative economic statements is considerable. Economists use both types of statements when addressing economic issues with varying degrees of objectivity. Positive statements state facts, which show no signs of endorsement or disapproval. Normative economics includes assumptions related to subjectivity and meaning.
1)<em> The sugar quota in the United States costs consumers $6.08 billion a year. </em><u><em>(Positive statement)</em></u>
<em />
2)<em> Higher tariffs on imported automobiles would decrease the demand for foreign-made cars. (</em><u><em>Normative statement)</em></u>
<em />
3)<em> International trade should be limited because it can cause some workers to lose their jobs. (</em><u><em>Normative statement)</em></u>
<em />
4)<em> International trade makes some people better off and some people worse off. </em><u><em>(Positive statement)</em></u>
<em />
5)<em> The U.S. should impose import quotas in the market for consumer electronics to help domestic workers. </em><u><em>(Normative statement)</em></u>
<em />
6)<em> The sugar quota in the U.S. is good public policy and should be made stronger. (</em><u><em>Normative statement)</em></u>
$613.04 will the investment be worth in 12 years.
<h3>What is
investment?</h3>
The dedication of an asset to achieve a gain in value through time is referred to as investment. Investment necessitates the sacrifice of a current item, such as time, money, or effort. The goal of investing in finance is to earn a return on the invested asset.
Income investing is an investment approach that focuses on constructing an investment portfolio that is expressly designed to provide recurring income. The income investing strategy's main goal is to generate a consistent stream of income.
The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is essentially your financial risk profile, which considers aspects such as age, financial history, circumstances, and investment aspirations.
To know more about investment follow the link:
brainly.com/question/25300925
#SPJ4
Answer:
4. $12,000 CAPITOL GAIN
Explanation:
JRL distributes $40,000 Cash to Jessica which includes $28,000 basis of Jessica in JRL. So the remaining amount of $12,000 will be accumulated as Capital Gain for Jessica as JRL has no other Asset or Liability at the date of Distribution of Cash.
