The best and most correct answer among the choices provided by the question is the third choice. It is safe to assume when you <span>consult the HOA before planning a remodeling project. </span>I hope my answer has come to your help. God bless and have a nice day ahead!
Answer:
$538,685
Explanation:
Calculation to determine what Scarbrough will receive and record cash of
Receivables $600,000
Less: Amount of the hold back ($30,000)
($600,000 x 5%)
Less: Withheld as fee income ($18,000)
($600,000 x 3%)
Less: Withheld as interest expense ($13,315)
($600,000 × 15% × 54/365)
Cash $538,685
($600,000-$30,000-$18,000-$13,315)
Therefore Scarbrough will receive and record cash of $538,685
The price elasticity of supply for a good is 3 if a 1% decrease in price leads to a 3% decrease in quantity supplied.
<h3><u>
Explanation:</u></h3>
The measure of the response that a supply for goods and services shows after the modification of prices refers to the Price elasticity. When the price of any goods or services increases there will be a rise in the supply of goods and services. When the prices of any goods or services decreases then the supply of those goods and services will also decrease.
Price elasticity also measures the demand that a product or services has based on the modification of the price. When the product tends to be affected by the price changes it is said to be elastic. When it is not responding to the prices of the product the n these are said to be inelastic. In the given example the price elasticity of the supply of a good is said to be 3% and if a 1% decrease in price leads to a 3% decrease in quantity supplied.
<span>After a suspected identity fraud case has been resolved, you should continue to monitor your credit reports and accounts and keep all copies of relevant documentation. When you believe fraud has occurred it is best to make sure you keep copies of your last transactions and what transactions that are happening that aren’t yours. Monitoring your credit reports are imperative because you need to make sure someone isn’t charging their purchases to your credit cards. </span>
Answer:
Return on investment is decreased by 3.30%
Explanation:
The computation of the return on investment is shown below:
= (Controllable margin ÷ operating assets) × 100
= ($93,000 ÷ $300,000) × 100
= 31%
Now the new controllable margin equals to
= $93,000 + $15,000
= $108,000
And, the new operating assets would be
= $300,000 + $90,000
= $390,000
So, the new return on investment equals to
= ($108,000 ÷ $390,000) × 100
= 27.70%
The return on investment is decreased by
= 31% - 27.70%
= 3.30%
