Answer:
$30,000
Explanation:
Total collections on account is computed as;
= Accounts receivable at the beginning + Sales during the year - Accounts receivable at the end
Given that;
Accounts receivable at the beginning = $52,000
Sales during the year = $47,000
Accounts receivable at the end = $69,000
Therefore,
Total collections on account
= [($52,000 + $47,000) - $69,000]
= $30,000
It is a true statement that the Keynes law best applies to short time horizons which see fluctuations in total demand.
<h3>What is the
Keynes law?</h3>
The Keynesian economic model is developed to adovate an increased government expenditures (spending) and lowering of taxes for stimulation of demand for getting an economy out of the depression.
The law of Keynesian model states that demand creates its own supply and any changes in aggregate demand will cause changes in real GDP and employment.
In conclusion, the statement that Keynes law best applies to short time horizons which see fluctuations in total demand is true.
Read more about Keynes
<em>brainly.com/question/26987729</em>
Answer:
Agricultural specialists research farms and crops, collect data, and help farmers implement the best industry practices available. As an agricultural specialist, you also take the time to evaluate farmlands, cultivate relationships with others in the industry, and support land conservation efforts.
→Answer:
a. $188,533.82
b. $219,296.09
Explanation:
These problems can be solved using the present value of annuity formula which is:
PV= C x (1-(1+r)^-n)/r
Where:
PV = the present value of annuity (the amount we are solving for)
C= The annual amount receivable from the insurance company ($20,700)
r= The interest rate (7%)
n= Number of years (15 and 20 years respectively)
- To solve the first question (a) plug the variables into the formula and you will have → 20,700 × (1-(1.07)^-15)/.07= $188,533.82
- to solve the second question (b) plug the variables into the formula and you will have → 20,700×(1-(1.07)^-20)/.07 = $219,296.09
Answer:
$4,600
Explanation:
Calculation for the adjusted debit balance at the end of the two month period
Using this formula
Adjusted debit balance = (Number of shares × Shares amount ÷ Numbers of months) + Interest amount
Let plug in the formula
Adjusted debit balance= (100 shares ×$90÷2 months) +$100
Adjusted debit balance = ($9,000÷ 2 months) +$100
Adjusted debit balance=$4,500+$100
Adjusted debit balance=$4,600
Therefore the adjusted debit balance at the end of the two month period will be $4,600