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2 years ago

What effect did the cotton gin have on the south’s economy?.

Business

2 answers:

coldgirl [10]2 years ago

4 0

Increased cotton production and the economy of the south became dependent on cotton.

andreev551 [17]2 years ago

4 0

Answer: The cotton gin allowed planters the ability to increase cotton production, requiring more slave labor to plant, cultivate, and harvest the cotton, which in turn led to an increase in profits for southern plantation owners.

Explanation:

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Coronado Industries is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures w

lubasha [3.4K]

Answer:

Coronado Industries

The weighted-average accumulated expenditures are:

= $8,388,333.

Explanation:

a) Data and Calculations:

Amount borrowed on June 1 = $3,170,000

Interest rate = 13%

Outstanding 11% 3-year note payable = $6,350,000

Outstanding 12% 4-year note payable = $12,350,000

Date Expenditure Weight Weighted-Average

Expenditure

March 1 $6,370,000 10/12 $5,308,333

June 1 $5,280,000 7/12 3,080,000

December 31 $8,650,000 0/12 0

Weighted-average accumulated expenditure $8,388,333

7 0

3 years ago

Warner Corp. sells goods on account for $10,000 on April 2. On April 20, the customer returns $3,000 of the merchandise. The cus

Studentka2010 [4]

Explanation:

The journal entry are as follows

On April 20

Sales returns A/c Dr $3,000

To Account receivable A/c $3,000

(Being the sales returned of goods is recorded)

While recording this given transaction, we debited the sales return account and credited the account receivable account so that the proper posting could be done

6 0

3 years ago

One advantage of a fixed interest rate over a variable rate is that a fixed rate

koban [17]

Fixed rates have the advantage over variable rates in that debt may be readily repaid within the allotted time. Hence, choice B

<h3>What is a fixed and variable rate?</h3>

Loans with fixed interest rates have an interest rate that will not change throughout the loan's term, regardless of changes in market interest rates. A loan with a variable interest rate is one in which the interest rate imposed on the outstanding balance changes in accordance with changes in the market interest rates.

Therefore, the benefit of fixed rate versus variable rate is that it enables speedier debt repayment.

Learn more about interest rates:

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6 0

2 years ago

I think I have the correct answers but I would like a second opinion

Sergio039 [100]

Answer:

the answer is c

Explanation:

3 is in the hundreds

3 0

3 years ago

Advertising increases levels of consumer purchase of specific brands which in turn affects gross domestic product. T/F

jeka57 [31]

Answer:

The correct answer is False.

Explanation:

Advertising really tries to increase the purchase levels of products and services, not specific brands. Therefore, this statement is false considering that although all economic transactions affect GDP (positively or negatively), the advertising function is not aligned with its duty.

8 0

3 years ago

Read 2 more answers