Answer:
See the explanation.
Explanation:
Account receivable Rondo Distributors debit $1,200
Sales revenue credit $1,200
Note: To record the merchandise sales on account. As the company used the periodic inventory system, we do not need to give the cost of goods sold journals.
Purchase debit 10,000
Accounts payable credit 10,000
Note: To record the purchase on account.
Delivery expense debit $525
Cash credit $525
Note: To record the payment of the delivery expense.
Your answer is going to be true.
Answer:
falling unemployment and rising inflation.
Explanation:
Stagflation means that both the inflation and unemployment rate are rising. Before the 1970s, classical economists stated that an inverse relationship existed between the inflation rate and the unemployment rate. This means that when the inflation rate was increasing, the unemployment rate should be decreasing. But reality does not follow theoretical rules.
Here, public savings = $1.05 billion and private savings = $3.15 billion
It is calculated as follows:
Total savings, S = $4.20 billion
We know: S = V+U
It means National Savings = Private savings + Public savings
Here:
V = private savings , U = public savings and
Private saving, V = 0.75 × S
= 0.75 × $4.20 billion
= $3.15 billion
And, the public savings will be = National savings - private savings
= $4.20 billion - $3.15 billion
= $1.05 billion
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Answer:
4%
Explanation:
The Gordon constant growth dividend model =
Value = dividend / cost of capital - growth rate
Subsisting with the values given in the question gives :
25 = 2.5/0.14 - g
To solve for g,
1. multiply both sides by 0.14 - g
25(0.14 -g) = 2.5
2. divide both sides by 25
0.14 - g = 0.10
g = 0.04 = 4%
