Answer:
Adjusted 1,312,000
Explanation:
Unadjusted 750,000
outstanding checks 350,000
Purchase net of discount 147,000
Shipped FOB destination 65,000
the title of the goods passes when the supplier deliver to the carrier.
Adjusted 1,312,000
The check were not mailed until next year, so it doesn't decrease the AP balance
The purchase is recorded net of discount
150,000 x (1-2%) = 147,000
Answer:
d. Equilibrium price will increase, equilibrium quantity will decrease"
Explanation:
"Ceteris paribus" all things being equal; the higher the price, the lower the quantity demanded. If there are speculations about possible increment in price of wheat in near future time, it will result into panic buying of wheat in the market today and that will definitely increase the equilibrium price of the wheat and decrease the equilibrium quantity of wheat demanded.
1)D, i think...
2)B, i think... not sure
Answer:
1. Assets is debited for $10,000 as loans.
2. Liabilities is credited for $10,000 as deposits.
Explanation:
Note: This question is not complete as the amount is omitted. The complete question is therefore presented before answering the question as follows:
Suppose banks keep no excess reserves and that all banks are currently meeting the reserve requirement. The Federal Reserve then makes an open market purchase of $10000 from Bank 1.
Use the T-account below to show the result of this transaction for Bank 1, assuming Bank 1 keeps no excess reserves after the transaction.
The explanation of the answer is now given as follows:
Note: See the attached photo for Bank 1's T-Account.
In the attached photo, we can see that:
1. Assets is debited for $10,000 as loans.
2. Liabilities is credited for $10,000 as deposits.
Answer:
Two activities scheduled to be carried out in parallel and using the same scarce resource are independent.
Explanation:
An Israeli physicist named, Eliyahu M. Goldratt developed the Critical Chain Project Management (CCPM) and introduced it in his book "Critical Chain" in 1997.
The CCPM is a project management methodology used by managers to better manage a project. The CCPM ensures that the project plan is feasible and immune from any uncertainty or statistical fluctuations.
In the CCPM activity network, there are no milestones and all non-critical activities are performed as late as possible.
CCPM adopts the use of drum buffers, so as to ensure extra safety is applied to a project immediately before using constrained resource.
According to Goldratt, two activities scheduled to be carried out in parallel and using the same scarce resource are independent.
