Answer:
March 1
Dr Notes Receivable $10,900
Cr Service Revenue $10,900
September 1
Dr Cash $11,390
Cr Notes Receivable $ 10,900
Cr Interest Revenue $490
Explanation:
March 1
Dr Notes Receivable $10,900
Cr Service Revenue $10,900
(Provide legal services and accept note)
September 1
Dr Cash $11,390
Cr Notes Receivable $ 10,900
Cr Interest Revenue $490
(Receive cash on note receivable and interest)
(Interest revenue = $10,900 x 9% x 6/12) =490.5
Answer:
The statement is TRUE. Time Hop was concerned with physical design
Explanation:
Tech giant, TimeHop was concerned about creating a workspace that was inviting and encouraged collaboration. Knowing that most of its employees would work odd hours, there was care taken to lighting choices and types of furniture. TimeHop was concerned with physical design.
The statement is true.
Answer: B. No. Imposing a price control below the equilibrium price in a market causes the quantity of the good available to consumers to fall because sellers will supply a smaller quantity, thereby causing some consumers to go without food that they would have been able to buy in the absence of the price control.
Explanation:
If price controls are introduced below the equilibrium price in the market, farmers or sellers will supply less to the market because they will not be incentivized to produce more seeing as they are not making what they should be making.
This, coupled with increased demand on account of food being cheaper, will lead to shortages which would mean that those that could have been able to afford the food at the equilibrium price would not be able to access food leading to even worse food shortages.
Answer:
Cedrick's potential maximum liability = $50
Explanation:
Given:
$250 = a Blueminusray player
$600 = new set of tires
$200 = Cash withdrawal
$40 = interest charges
Find:
Cedrick's potential maximum liability
Computation:
Cedrick's potential maximum liability = Blueminusray player - Cash withdrawal
Cedrick's potential maximum liability = $250 - $200
Cedrick's potential maximum liability = $50
<span>
<span>In
investment, the term risk can be defined as the possibility of the investor
losing all or part of their capital in a given venture. High quality bonds
are considered lower risk because the the investor is promised to receive
face value after a certain period unlike stocks that do not carry the same
promise. Returns on high quality bonds are also guaranteed in the form of
fixed interest rates whereas in stocks, a company may pay dividends but this
is not an obligation on their part. Lastly bonds are safer investment as they
are less susceptible to abnormal price changes unlike stocks whose prices can
easily swing in either direction.</span></span>
