Answer:
The correct answer is option B.
Explanation:
The unearned rent revenue will be reported as a current liability. The reason behind this is that unearned revenue is prepaid revenue or advance payments for goods or services that the firm has to provide in the future.
Unearned revenue is a liability because the goods or services are yet to be provided and there is a chance that the order might get canceled, or seller might not be able to provide to them.
To get the break-even point, the Total Cost must equal to
the Total Revenue or Profit. The Total Cost is the sum of Fixed Costs and
Incremental Costs. Fixed costs are depreciation, advertising and insurance which
is equal to $5,871 per month. Incremental Costs are weed and feed materials,
direct labor, and fuel which is equal to $32 per lawn. The Marginal Revenue is
equal to $89 per lawn. Letting “N” to be the break-even point in number of
lawns, the break-even equation becomes: $5,871 + $32N = $89N. Then calculating
N, the break-even number of lawns is equal to 103.
Answer:
The answer is "9%".
Explanation:
Please find the complete question in the attached file.
The formula for calculating the net return rate:
Therefore, the net return rate is 9%.
The answer should be letter C.
Answer:
D. Is fixed by the central bank
Explanation:
The theory of liquidity preference explains that people don't demand for money due to borrowing but rather because of the innate desire to hold money. The theory was developed by the father of Macroeconomics, John Maynard Keynes. He pointed out to interest rate being the price of money. According to him, there are 3 motives for holding money which are transactionary, precautionary and speculatory and that the supply of real money balances is fixed.