Answer:
c. $40,000
Explanation:
Reduction in Account Receivables $500,000
($2,500,000 * 20%)
<u>* Interest rate 11% </u>
Annual saving $55,000
Less: Annual cost of system <u>-$15,000</u>
Pretax Net annual savings <u>$40,000</u>
Answer:a. an upward-sloping short-run aggregate supply curve
Explanation:
variable a represent an upward sloping short run aggregate supply curve.
The slope of the supply curve is positive which tells us that the quantity supplied has a positive relationship with Price.When price increases the quantity supplied will increase because the law of supply states that more quantity is supplied at a higher price
Answer: (B) Disclose
Explanation:
According to the question, the salesperson should disclose about the home that he has listed that the home was only used as the meth lab at once in the specific period of time.
Disclose is the process that helps in revealing the data or information about the specific things or the different types of financial statements.
The main advantage of the disclosure is that it helps in understanding the things more clearly without any interruption and makes the thinks more crystal clear.
Therefore, Option (B) is correct.
Answer:
The correct option is C, credit to cash over and short for $3
Explanation:
The requirement targets the balancing entry in the cash account,with cash of $17 in the petty cash account coupled with receipts of $86, the total amount in the petty cash is $103 ($86+$17) and the established float is just $100, which implies that the petty cash has an excess fund of $3 that must be returned to the main cash account.
The excess is the difference between $103 cash in the petty cash account and the maximum float of $100($103-$100)
