Answer:
Journal Entry
Explanation:
Cash Dr, $63,360
Loss on sale receivable Dr, $6,640
Receivable from factor Dr, $6,200
To resource liability $4,200
To Accounts receivable $72,000
(Being transfer on the books of Mountain High is recorded)
Working Note :-
2% × $72,000 = $1,440
Cash = ($72,000 × 0.90) - ($72,000 × 0.02)
= $64,800 - $1,440
= $63,360
Loss on sale receivable = ($4,200 + $72,000) - ($63,360 + $6,200)
= $76,200 - $69,560
= $6,640
Answer:
Total PV= $15,103.49
Explanation:
Giving the following information:
Cf1= 4,500
Cf2= 5,700
Cf3= 8,000
Discount rate= 9%
<u>To calculate the present value, we need to use the following formula on each cash flow:</u>
PV= FV/(1+i)^n
Cf1= 4,500/(1.09)= $4,128.44
Cf2= 5,700/1.09^2= $4,797.58
Cf3= 8,000/1.09^3= $6,177.47
Total PV= $15,103.49
Answer: Human resources specialists are responsible for recruiting, screening, interviewing and placing workers. They may also handle employee relations, payroll, benefits, and training. Human resources managers plan, direct and coordinate the administrative functions of an organization.
Explanation: I used google to find my answers!
Answer: The hourly wage will be higher in occupation B.
Explanation:
From the information given in the question, workers in occupations A and B possess the same skills and abilities as work for the same number of hours. The difference between both occupations is that there is stability of employment for workers in occupation A while there are seasonal layoffs in occupation B.
Due to the seasonal changes in occupation B, the hourly wage will be higher in occupation B. Workers in occupation B need to be compensated in order to overcome the layoffs and uncertainties.
The effect on economic growth in the country is the capital stock is decreasing.
<h3>What is
economic growth?</h3>
The rise or improvement in the market value of the commodities and services generated by an economy during a specific time period, adjusted for inflation, is referred to as economic growth. Traditionally, statisticians use the real GDP growth rate as a proxy for measuring economic growth. To account for inflation's distorting influence on the pricing of produced items, growth is typically expressed in real terms, or terms adjusted for inflation. Using national income accounting, economic growth is measured. It has all the benefits and disadvantages of that measure since economic growth is calculated as the annual percent change of GDP. Commonly, the GDP to population ratio is used to compare the economic growth rates of different nations (per-capita income).
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