Answer:
Option Total assets, total liabilities, and equity are unchanged.
Explanation:
The reason is that the double entry to record this transaction is as under:
Dr Cash Account $42,000
Cr Accounts Receivable $42,000
Hence there increase in one asset and decrease in other asset will have zero net impact on assets. As equity and liabilities are not effected by the transaction, hence they will also remain unchanged.
Answer:
1.short run aggregate supply decreases
2.short run aggregate supply decreases
3.short run aggregate supply increases
Explanation:
The short run aggregate supply is the total production of goods and services in an economy holding some factors of production fixed.
1. Even in a healthy economy. As the natural rate of unemployment increases, short run aggregate supply decreases.
2. A rise in the price of lumber (inflation) would cause a decrease in short run aggregate supply.
3. An increase in productivity caused by the acquisition of capital equipment would cause the short run aggregate supply to increase.
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get dababied
These are factors that influences the personal economic choices that a person will decide:
-the resources you have available
-the money you decide to spend on leisure products
-the amount of money you put into your savings account
-and the manner in which you balance your time between work and leisure
In the answers above, the only choice that I did not check is number 1 because it is not a personal choice that is applied to everyone. resources and money are saved and used for personal choices of a person for leisure and needs.
Answer: $18,000
Explanation:
Income from investment is the percentage of the acquired company's income that the company that acquired it will report as their own based on their percentage of ownership.
By purchasing 3,000 shares out of 10,000, Pillow Corp owns;
= 3,000 / 10,000
= 30% of Sleep Co.
These shares were bough on July 1 so the relevant period will be half a year.
At the end of the year, Pillow Corp will report 30% of half of Sleep Co. income as income from investment for the year.
= 30% * 120,000 * 0.5
= $18,000
