Answer:
The budgeted accounts receivable balance at the end of February is closest to: $4,500.
Explanation:
Prepare a Accounts Receivable Budget for January and February
January February
Balance b/d $0 $4,200
Credit Sales $7,000 $7,500
Cash Received (40%) ($2,800) ($3,000)
Cash Received (60%) $0 ($4,200)
Balance c/d $4,200 $4,500
Conclusion:
Therefore, the budgeted accounts receivable balance at the end of February is closest to: $4,500
Answer:
0.8314
Explanation:
First, we are given the following
Unemployment during on Average = U= 12.7 weeks
Standard deviation= SD = 0.3 Weeks
Therefore, P (12 Greater than x Greater than 13)
= P (12-12.7 /0.3 Greater than X -U/SD Greter than 13-12.7/0.3)
= P (-0.7/0.3 Greater than Z Greater than 0.3/0.3)
= P (-2.33 Greater than Z Greater than 1)
= P (Z Greater than 1) - P (Z Greaer than -2.33)
At this Point we make use of he Z table to find out the figure
= 0.8413 - 0.0099
= 0.8314
I would think the answer D cause they both have good plans
The answer is The income effect.
Income effect is described as the change in demand of a service or good brought on by change in the income of a consumer.It is observed in two cases first is when income of person increases and second is when price of goods or service decreases.
The scenario given in the question is an example of second case as the price of burger was less than normal Steve perceived his income to be able to buy more product in same price
Answer: Endowments
Explanation:
The institutional investors that most likely must spend a target percentage of the portfolio annually is the endowments.
Endowment fund refers to the long term fund that is used for perpetual operations and usually set up by colleges or in hospitals
The fund then covers the expenses relating to provision of services for the students. A portion of the endowment is allowed to be use for every fiscal year.
