Answer:
a. True
Explanation:
The computation of the average accounts receivable balance is shown below:
= Daily credit sales × day terms
= $2,000 × 60 days terms
= $120,000
We simply multiplied the average amount with the day term so that the average account receivable balance could come
Hence, the given statement is true
Therefore the correct option is a.
Answer: The explanation is provided below
Explanation:
Below article is the summary of the acceleration of inflation in the emerging markets that was published in 2018.
According to the article, inflation in an economy is caused by an adverse supply shock or as a result of the expansionary fiscal policy or the expansionary monetary policy.
In an adverse supply shock, total quantity of basic goods will reduce drastically causing the aggregate demand to rise exponentially and therefore, push prices higher and then gradually lead to inflation.
Also, the continous and eventual implementation of the expansionary fiscal or monetary policy through continous tax cuts or by increasing government spending or reducting interest rates, lead into significant increase in the aggregate demand and as a result, prices rise eventually resulting in hyperinflation in the economy. This will also lead to increase in the real GDP of the economy.
Different tools in the monetary policy framework can be used to control inflation such as government securities,
the cash reserve ratio, interest rates. To reduce recession, government utilize automatic stabilizer in order to boost the economy.
In the case of distributive bargaining, the target point indicates what a person would like to achieve out of a negotiation.
<h3>What is collective bargaining?</h3>
This is when an agreement is reached between employer and employees in an organization on issues that requires urgent attention.
Collective bargaining involves employees working together in an organization coming together to agree about some important matters.
Learn more about collective bargaining here: brainly.com/question/11819753
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Tariffs can be helpful if the imports are unfairly cheaper than the domestic counterparts. This would level the playing field and help the domestic companies compete more effectively.
Tariffs can be harmful for consumers because there is strong possibility that the increased costs will raise consumer prices.
Answer:
No, a contract has not been form because the offer has been revoked
Explanation:
an offers can be terminated if there is rejection of offer by the offeree. an offer can be revoked before its has been accepted. Since the revocation is made known to Joe before the letter of acceptance reach joe. No contract has been form.
Acceptance or rejection of offer can be done orally or written. orally can be through phone communication.
the phone call can also be a form of rejection of offer which has been declared by the offeree.
