Answer:
Total assets is increased by $18,100
Explanation:
The computation is shown below:
= Cash received from the issue of stock + revenue earned on account - cash paid for operating expenses
= $15,000 + $8,500 - $5,400
= $18,400
This positive amount shows that there is an increase in the total assets for $18,100
The cash collected from the account receivable is not relevant. Hence ignored it
Answer: I think it’s D The sales team is the voice of an organization, so there should be no scope for misinformation.
Explanation: They should be in constant communication so misinformation can be stopped.
Answer:
Aggregate Supply = National Income
Explanation:
Aggregate Demand is total value of goods & services buyers are planning to consume. In a closed un-intervened economy : AD = Consumption (C) + Investment (I) ,C is positively related with income (Y) & I assumed to be autonomous .
So the AD curve (plotted against Y) has an upward sloping curve (∵Y, C +ve relationship) having intercept on Y axis (∵ equal to autonomous C, I).
Aggregate Supply AS is the total value of goods & services producers are planning to sell. It is equal to National Income because : this producers' desired/ planned production level yields incomes which is distributed as factors incomes to factors of production. And, Income is either consumed or saved . So AS = C + S (Saving)
Hence , AS (C+S) plotted against Y , is an upward sloping 45° line . Because such line has a special feature of having equal distance from X & Y axis & the things magnitude on both axis is equal , like Y = AS (i.e C +S)