Answer: Spontaneous debt financing plus bank loans plus owners investment plus retained earnings.
Explanation: It is the general rule in accounting that assets of any business entity will always be equal to the capital invested from different sources and the liabilities taken over by the business for funds. Debt, owners equity and retained earnings are a source of capital whereas bank loans is a liability .
Answer:
<u>monthly flexible budget for each $11,100 increment </u>
Sales $11,100
Less Sales Commissions ( $11,100 × 6%) ($666)
Net Sales $10,434
advertising ( $11,100 × 5%) ($555)
traveling ( $11,100 × 4%) ($444)
delivery ( $11,100 × 2%) ($222)
Net Income $9,213
Explanation:
Consider Only the incremental costs and revenues.Fixed costs are not relevant for the $11,100 increment
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Medical school, and internship and residency program
Answer:
<u><em>Microeconomic issues</em></u>
<em>a)How will an increase in the price of Coca-Cola affect the quantity of Pepsi-Cola sold?</em>
<em>c)How does a quota on textile imports affect the textile industry?</em>
<u><em>Macroeconomic issues</em></u>
<em>(b) What will cause the nation's inflation rate to fall?</em>
<em>(d) Does a large federal budget deficit reduce the rate of unemployment in the economy?</em>
<em></em>
Explanation:
The issues pertaining to a industry and business are all studied and analyzed in <em>Microeconomics that's why (a) & (c) fall under Microeconomic issues.</em>
The issues pertaining to the entire economic system like inflation, budget deficit and unemployment rate etc. as stated in options <em>(b) & (d) </em>respectively all fall under <em>Macroeconomic issues. </em>
Answer: Agency by federal law
Explanation: An agency relationship is the relationship between the principal and agent, in which the principal gives the agent legal authority to act on his or her behalf while dealing with a third party.
Ratification, estoppel, operation of law and agreement are the ways through which such relationship can be formed.
