NO because even if you can drive and you now the rules you need an amount of maturity and quick reflexes. We should not be able to drive until 18 years old because that's when we become an adult and we can actually drive without getting in a car accident.
To figure out the percentage being withheld, this is how you figure it out: Take 97.45 and divide it by $423.70. The answered rounded to the nearest percentage is 23%.
Answer:
Cash account in the amount of $10,100
Explanation:
The journal entry to be recorded for the receipt of payment is as:
Cash A/c.............................................Dr $10,100
Note receivable A/c...................Cr $10,000
Interest Revenue A/c..................Cr $100
Being recoded the receipt of payment
As payment is received so asset is increasing and any increase in asset is debited. Therefore, cash account is debited. And the note receivable got decrease will be credited and the interest revenue is also credited.
Computation of interest revenue is as:
Interest revenue = Amount × % of note × Days / Number of days in a year
= $10,000 × 6% × 60 / 360
= $100
Note: Assume 360 days in a year
D. is the correct answer!
Answer:
The fewness of firms creates mutual interdependence in pricing among the firms
Explanation:
An oligopoly is a market arrangement in which fewer firms are seen to dominate and when they share the market area they are operating in, the market is then sad to be concentrated.
These firms operating under oligopolistic conditions are interdependent in the sense that, they cannot act independently of one another.
The firms consider the potential reactions of each other when making their unique business decisions.
