Answer:
If decrease in demand for loanable funds was less than decrease in supply then interest rate will increase.
Explanation:
In the case when there is an increase in the uncertainity so the impact should be that it reduced the demand for the loanable fund and that should be less than the reduction in the supply due to this there should be the rise in the rate of the interest. Also we cant estimated the rate of interest whether it is increased or not but as per the theory of supply and demand if supply decreased more than the demand so the rate of interest should increased
Answer:
the target sales in units is 12,000 dinner cruise tickets
Explanation:
For FunTime Cruiseline to reach its target operating income of $30,000, it must first break -even then make a profit to the extent of $30,000.
This statement is presented in the formula below :
Target Sales - Units = (Fixed Cost + Target Profit) / Contribution per Unit
= ($210,000+$30,000)/( $50 - $30)
= $ 240,000/ $ 20
= 12,000
The closing agent is responsible for ordering, preparing, and reviewing closing-related documents.
<h3>Who is a Closing agent?</h3>
This is a professional who deals in real estate transactions and acts a middle man between the buyer and the seller.
He ensures the transfer of the legal title is appropriately done by preparing and reviewing closing-related documents, such as the title policy and settlement statement.
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A. Adam Smith, Father of Modern Economics," believed that competition is a regulatory force. He argues that keeps self-interest at bay by restraining the ability to take advantage of consumers.
B. Friedrich Von Hayek, often called F.A. Hayek, believed that less government intervention gives people more economic freedom. He wrote about it in his pamphlet, "Economic Freedom and Representative Government."
C. John Maynard Keyness, according to Keynesian economics, one of the tenets of this school of thought is that government intervention is necessary for stability.
D. Milton Friedman (not Friedrich), said that the government's role in the role should be restricted. The government should not control the money supply.
Answer:
A. $ 8 comma 730.
Explanation:
The computation is shown below:
For 1 - 30 days
= $61,000 × 2%
= $1,220
For 31 - 60 days
= $44,000 × 5%
= $2,200
For 61 - 90 days
= $21,000 × 11%
= $2,310
Over 90 days
= $9,000 × 50%
= $4,500
So, the total amount is
= $1,220 + $2,200 + $2,310 + $4,500
= $10,230
Now the Account Expense is
= Total expense - credit balance
= $10,230 - $1,500
= $8,730
