Answer:
Cash debit 1,200
Note Receivable debit 2,800
Account Receivable credit 4,000
Explanation:
The accounting will reflect the receipt of cash and the note at their principal.
The interest of the note will ge accrued with the past of time. Currently no interest was earned, so we don't have to post anything related to the interest of the note.
We just write-off the account receivable of the customer and declare how we settle.
B) Fiscal policy requires a short and contentious legislative process
Answer:
The correct option B ,stock price increased proportionately with the dividend increase
Explanation:
To a rational investor, the price tag on a share is given by the expected dividend divided by the investor's rate of return.
To illustrate this further, the increase in dividend in percentage terms is calculated thus:
=($1.48-$1.45)/$1.45=2.07%
The divided has increased by 2.07%
Assuming investor's rate of return is 10%, we can calculate the price of the stock when dividend is $1.45 as well as when it is $1.48
price=$1.45/0.1=$14.5
price=$1.48/0.1=$14.8
The increase in price is computed thus:
(14.8-14.5)/14.5=2.07%
There is no doubt that an increase in dividend of 2.07% brought about the same increase share price ,hence choice of answer.
Answer:
The<u> "Landrum-Griffin" </u>act requires certain financial disclosures by unions and establishes civil and criminal penalties for financial abuses by union officials.
Explanation:
The other name which is used for Landrum-Griffin Act is Labor-Management Reporting and Disclosure Act (LMRDA). This act was initially ordered in 1959 to ensure workers' rights to organize, deal and select their very own agents. The Landrum-Griffin Act looked to counteract such improper practices by work associations, bosses, and others by building up a Bill of Rights.
Answer:
-2.33
Explanation:
The computation of the price elasticity of demand using mid point formula is shown below:
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of quantity demanded)
where,
Change in quantity demanded would be
= Q2 - Q1
= 5,000 - 2,500
= 2,500
And, average of quantity demanded would be
= (5,000 + 2,500) ÷ 2
= 3,750
Change in price would be
= P2 - P1
= $0.45 - $0.60
= -$0.15
And, average of price would be
= ($0.45 + $0.60) ÷ 2
= 0.525
So, after solving this, the price is -2.33