Answer:
a. commission
Explanation:
please mark me as brainliest...
Answer:
Entries are shown below.
Explanation:
To record the journal entries, we first need to calculate interest payment and principal as per the present value. This is done below:
PV Factor Present Value
Interest Payment $6,400 1.7125 $10,960
Principal $80,000 0.8116 $64,928
$75,888
<u>Journal Entries</u>
Date Particular Debit ($) Credit ($) Working
Jan 1, 2020 Note Receivable 80,000
Discount on Receivable 4,112
Land 75,888
Dec 31, 2020 Cash 6,400
Discount on Receivable 1,948 (8348-6400)
Interest Revenue 8,348 (75888*11%)
Dec 31, 2021 Cash 6,400
Discount on Receivable 2,162 (4279-3600)
Interest Revenue 8,562
(75888+1,948)*11%
Dec 31, 2021 Cash 80,000
Notes Receivable 80,000
Answer: the time it takes for firms to change all production inputs.(B)
Explanation:
In macroeconomics, the short run is defined as the time horizon when the wages and prices of other inputs to production are inflexible, while the long run is the period of time when input prices have time to adjust.
In the long-run, all factors of production and costs are variable such that firms are able to adjust every costs, whereas, in the short run, the firms only influence prices through the adjustments made to production levels.
Answer:
I think it's C but I'm not 100% sure.
Explanation: