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3 years ago

Are now the largest single component of the supply side of gdp, representing over half of gdp.

Business

2 answers:

saveliy_v [14]3 years ago

4 0

Services are now the largest single component of the supply side of gdp, representing over half of gdp.

Alborosie3 years ago

4 0

Services are now the largest single component of the supply side of gdp, representing over half of GDP.

Reason: In the 21st century which is called as the information age services has become the largest contributor to the supply side of the GDP replacing manufacturing which held the position earlier. Due to rapid growth of the internet, the global population is more focused on the services part which makes it a large component

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Hunt Incorporated sold $209,000 of accounts receivable to Gannon Factors Inc. on a with recourse basis. Gannon assesses a 2% fin

pentagon [3]

Answer:

Dr Cash $190,190

Dr Due from Gannon Factors $14,630

Dr Loss on Sale of Receivables $16,280

Cr Accounts Receivable $209,000

Cr Recourse Liability $12,100

Dr Accounts Receivables $209,000

Cr Due to Customer $14,630

Cr Interest Revenue $4,180

Cr Cash $190,190

Explanation:

Journal entries

Dr Cash $190,190

Dr Due from Gannon Factors $14,630

Dr Loss on Sale of Receivables $16,280

Cr Accounts Receivable $209,000

Cr Recourse Liability $12,100

Dr Accounts Receivables $209,000

Cr Due to Customer $14,630

Cr Interest Revenue $4,180

Cr Cash $190,190

*7% X $209,000 =$14,630

*2% X $209,000 =$4,180+$12,100=$16,280

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3 years ago

You would like to compare your firm's cost structure to that of your competitors. However, your competitors are much larger in s

Mashutka [201]

Answer:

b. Common-size income statement

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It helps to analyze the company overall productivity, financial position, performance of the company that helps the company to compare with its competitors.

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Karen Meyer owns and operates Crystal Cleaning Company. Recently, Meyer withdrew $10,000 from Crystal Cleaning, and she contribu

elena-14-01-66 [18.8K]

Answer:

a. Karen Meyer's personal records

c. American red cross

Explanation:

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Madison wants to open a restaurant and plans to employ a staff of about 10 people, including wait staff and cooks. what type of

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