Answer:
The answer is B.
Explanation:
Because it is 9 months, the interest to be used cannot be 10% instead, it will be 9months/12months x 10%
0.75 x 10%
=7.5%
Interested on the borrowed money is 7.5% x $9,000
$675
On April 1, 2019, Herzog will the money lent plus interest.
So we have $9,000 + $675
=$9,675 and because Herzog is receiving, we debit cash account.
Interest revenue will be
$675/3months
=$225.
This will be credit
Interest receivables will be $675 - $225 = $450
This will also be in credit side
i would say its either B or C...but imma go with the answer C
Answer:
A. It wants to increase the value of goods and services it produces.
Explanation:
GDP is the total value of all commodities and services produced within the country over a given period. Only finished consumer goods are considered when calculating GDP. The GDP value communicates the state of a country's economy. An increase in GDP reflects growth, while a decrease suggests a recession.
When a country wants to increase the GDP value, it is thinking of increasing the value of all commodities and services produced within its boundaries. Increasing GDP is similar to expanding the economy.