Answer:
Interest Expense 696 Interest Payable 696
Explanation:
Based on the information given the appropiate adjusting journal entry to be made on December 31, 2022 for the interest expense accrued to that date, If we assumed that no journal entries have been made previously to accrue interest is:
December 31, 2022
Dr Interest Expense $696
Cr Interest Payable $696
($34800*8%*3/12)
(To record interest expense accrued)
Answer:
A. True
Explanation:
The intrinsic value is the value in which there is a worth of an asset.
It can be calculated as
Intrinsic value = Current price - Strike price
In the case when the accounting metrics are collected due to intrinsic value also there is no need of context for understand
So the given statement is true
hence, the correct option is A.
Disequilibrium and a surplus because the quantity supplied will be greater than quantity demanded at a price of $4.00
Answer:
C.wealthy nations have knowledge and entrepreneurial opportunities, while poor nations are often lacking in these areas
Explanation:
Factors of production includes:
1. Land - land includes all natural resources
2. Capital - includes machinery, tools used in the production of goods and services
3. Labour - includes all human effort expended in the production of goods and services
4. Entrepreneurship - coordinates all factors of production.
Poor countries have high levels of illiteracy, so they don't have an abundance of knowledge. Poor countries are usually overpopulated, so they usually have high Quanitity of labour.
On the other hand, rich countries have high literacy levels, so, they have an abundance of knowledge.
I hope my answer helps you
Answer:
Must be exactly 8,000 people per hour.
Explanation:
Flow rate or throughput is the rate at which customers, goods, or services flow though a business process. It is usually measured as an average number of units that pass through a process per unit time.
In this scenario the people that entered the NASCAR venue were 8,000 people per hour.
So when people are coming out of the NASCAR venue average rate of flow out must be 8,000 people per hour.
The rate of units entering a business process must be equal to rate of units coming out per unit time.
