Hello there!
I am not 100% sure with this one but I would go with B
Damages to the rental car.
Out of all the options, B sounds better.
I really hope this helps!
Answer:
Oct 6 Cash 7344 Dr
Interest Revenue 144 Cr
Notes Receivable 7200 Cr
Explanation:
First we calculate the day on which notes receivable is due.
We start from July 9 as being our first day and in July there are 31 days so 31 - 8 = 23
In August there are 31 days.
In September there are 30 days.
So total days till september are 22+31+30 = 84
So the note is due to be received on October 6.
The amount of interest due is 7200 * 0.08 * 90/360 = $144
The entry to be passed on Oct 6 is a debit to cash for the amount of principal and interest (7200+144) and a credit to interest revenue of 144 and notes receivable of 7200
Answer:
Suppose the government decides to increase taxes by $40 billion in order to increase Social Security benefits by the same amount. If the MPC is 0.9, will aggregate demand increase, decrease or remain unchanged at current prices with this combined tax transfer policy? No change Increase in AD O Decrease in AD
Answer: Not Sound as Company does not benefit as a Whole.
Explanation:
This question alludes to the presence of Divisions in a company tasked with producing different segments of a good.
One Division makes a segment of the good and transfers it for a price to the other division so that they may be able to show Revenue on their books.
The reasoning of the CEO of Lexington is flawed because if she chooses the highest feasible Transfer Fee for the goods it will be good for the Division doing the Transferring because they make more revenue.
However, it will increase the cost of those being transferred to by the same amount that it increase the revenue of the Division transferred from.
As a result, the increase in Cost and the Increase in Revenue in the two divisions will cancel each other out meaning that the company did not benefit.
Hey there,
Your question states: <span>Andy has a remaining balance of $845 on his credit card. His credit card company has an APR of 18 percent. How much will Andy pay in interest for one month?
</span>1.5% of 845 is 12.675
So by round this above, your correct answer would be <span>12.68
Hope this helps</span>