The answer is a.
It is true that the effect of the Internet has been to increase a company's bargaining power vis-à-vis its suppliers. Internet<span> services increase the bargaining power a company by helping to find better offers in an easier way and gather the required information to develop much better strategies.</span>
Answer:
a. Debit Accounts receivable for $600
Explanation:
As Greasy catering company provided services but had not got the bill from the customer, it increases an asset. According to the revenue recognition principle, revenue has recognized whenever it is provided not when the cash is received. In that case, the journal entry to record the transaction is -
Accounts receivable (Debit) $600
Revenue (Catering) (Credit) $600
Accounts receivable is debit because the company owes the amount from the customers.
Answer: lowers the federal funds rate.
Explanation:
The federal funds rate is the rate at which banks lend money to their selves overnight to ensure that they meet lending and reserve requirements.
The interest rate paid on excess reserves rate is the amount of interest that the Fed pays banks to keep excess reserves. If this rate was to decrease, banks would have less incentive to keep excess reserves at the Fed and so would have more money to meet lending and reserve requirements such that they won't need to borrow from other banks as much which would then lead to the federal funds rate decreasing due to less demand.
Answer:
d. 81
Explanation:
E(number of order) = E(X1) + E(X2) + 21 -4
= 12 + 12 + 17
= 41
Therefore, The store should order 81 .
Answer:
7.5 hours
Explanation:
Let m = macro's work rate
Cliffs work rate = m/2 since macro does the work two times faster than cliff.
(M/2) + M = 5 hours
Solving for m , m = 7.5 hours.
Thus, it would take macros 7.5 hours working alone
