Answer:
a) $19610 credit
Explanation:
Given: Accounts receivables as on Dec 1, 2017 = $12770
Credit sale during the month = $34200
Collections during the month = $27360
Accounts Receivable balance at the end of the month = Opening Accounts Receivable balance + credit sales during the month - cash collected during the month
= $12770 + $34200 - $27360
Accounts Receivable balance as on Dec 31, 2017 = $19610 credit
Answer:
Microeconomics uses a set of fundamental principles to make predictions about how individuals behave in certain situations involving economic or financial transactions. These principles include the law of supply and demand, opportunity costs, and utility maximization. Microeconomics also applies to businesses.
Based on the amount that consumers spent on the various types of goods, the consumption for that year would equal $95 billion.
<h3>What was the consumption last year?</h3>
The consumption spending is everything that consumers spent in a year so in this case that would be:
= Durable goods + Non-durable goods + Services
Solving gives:
= 14 + 35 + 46
= $95 billion
In conclusion, $95 billion was spent on consumption.
Find out more on the use of consumption spending at brainly.com/question/25947470.
<span>The amount of a product that people are willing and able to purchase at a specific price is referred to as </span>demand.
Answer:
Explanation:
The Proposed bargain or deal is supportive of the business visionaries instead of the financial backer(investor) since all the capital is coming from the financial backer and the investor will be receiving just only 25% for the bargain or deal while he faces all the challenges posed or loss of capital. The business visionaries are not placing in any of their own personal capital but only their idea. They likewise have a bigger say in the administration of the business and the financial backer has no power over the choice since he conveys just 25% votes. Consequently, it's not a good bargain or deal for the financial backer considering the risk-reward ratio.
The counter-offer will include raising a proposed equity percent rate to half (i.e 50%). In addition to that, the financial backer needs to demand another seat on the board with the goal that they have equivalent authority over the administration and its choices. The most reduced the financial backer can go down is equity of 40% stake.