I believe that the strategy you are using when you only read the title, section headings, and captions is called the SQ3R reading method. The abbreviation stands for survey, question, read, recite, and review, and it helps you better understand your assignment.
Answer:
30 months
Explanation:
expenses is 2000 and she wants to save for 6 months of them so 2000x6= 12000 10% of 4000 is 400 so we divide 400 into 12000 and get the awnser 30 months
Answer:
a) elastic
Explanation:
Elasticity is a microeconomic concept that aims to measure the sensitivity of demand for savings to changes in interest rates. When calculating elasticity is a result greater than 1, the demand for savings is said to be elastic (interest-sensitive). Thus, slight interest rate variations will be sufficient to increase savings deposits. This is because people stop consuming to save and earn interest income. When the value is less than 1, savings are inelastic - little interest-sensitive. Thus, interest rate changes would not affect savings. This means that interest earned on savings is not attractive and people prefer to invest their money. in the consumption of goods and services.
This relationship is not fully known to economists in the long run, but in the short run there is a direct relationship between rising interest rates and increasing savings deposits. Thus, it is said that in the short term, the demand for savings is elastic at the interest rate. With each interest rate increase, the savings deposit rate increases.
Answer:
$19,780
Explanation:
Net realizable value of accounts receivable = Accounts Receivable balance - Balance in the Allowance for Doubtful Accounts - Uncollectible account was written-off
Therefore, we have:
Net realizable value of accounts receivable = $22,600 - $2,200 - $620 = $19,780.
Therefore, the net realizable value of accounts receivable immediately after the write-off is $19,780.