Answer:
B. you are borrowing money from another person
Explanation:
rest is you giving money to others which if you could youd want higher interest rates for
Answer:
The answer is: D) The quotation is incorrect: A decrease in price causes a decrease in quantity supplied, not a decrease in supply.
Explanation:
A decrease in the price of a product or service will always decrease the quantity supplied and increase the quantity demanded of the product. The terms supply and demand apply to the entire curve, not an specific point in them.
For example, the equilibrium point for milk is 5 million gallons sold at $3 each. If the government suddenly decides that it will place a price ceiling for milk at $2 per gallon (may use argument that it is a necessity good essential for the well being of children) the quantity demanded for milk will rise but the quantity supplied will fall.
That is because not every dairy business will be able to produce and sell milk at $2 and still make a profit (or meet their expected profit levels), so they will either lower their milk production (make substitute products) or go out of business.
Answer:
$37,000
Explanation:
The computation of the bad debt expense is shown below:
= Amount estimated as uncollectible + written off amount - credit balance of allowance for bad debts
= $28,000 + $15,000 - $6,000
= $37,000
We simply applied the above formula to determine the bad debt expense. Hence, all other information which is given is not relevant therefore, ignored it
I disagree because you should never change the truth just a little because if you do your lying to yourself and everybody else.
A client finances a newly constructed home with a federal housing management mortgage, the FHA requires the builder is The FHA set requirements for production and underwriting and insures loans made through banks and other private creditors for domestic building.
Finance is described because of the control of cash and consists of activities inclusive of making an investment, borrowing, lending, budgeting, saving, and forecasting. There are 3 primary forms of finance: (1) private, (2) company, and (3) public/government. The finance subject includes 3 fundamental subcategories: personal finance, corporate finance, and public (authorities) finance. customers and organizations use monetary services to collect economic goods and obtain economic desires.
Financing is the technique of providing finances for enterprise activities, making purchases, or making an investment. financial establishments, which include banks, are in the enterprise of offering capital to companies, consumers, and investors to help them attain their dreams.
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