The factor played a significant role in the increase in sharecropping and tenant farming in Georgia during Reconstruction was that landowners had no cash, but needed land worked.
A farming system is where a farmer cultivates the land for a landowner who also supplies the seeds and equipment and earns a portion of the harvest. White landowners used sharecropping to syphon off the agricultural labor of Black laborers' earnings, keeping them in a cycle of poverty and debt for years. Threats, violence, and even murder were levelled at Black individuals who opposed this system of dominance.
When money was hard to come by, the sharecropping system emerged to help impoverished farmers of all races survive both physically and financially as well as to satisfy the labor demands of white landlords for land cultivation. Poor farmers were allowed to cultivate tiny pieces of land under a sharecropping agreement.
To know more about Sharecropping here
https://brainly.com/question/29756189
#SPJ4
suppose the fed purchases $10 million of u.s. securities from the public. if the reserve requirement is 10 percent, the currency holdings of the public are unchanged, and banks have zero excess reserves both before and after the transaction, the total impact on the money supply will be a: group of answer choices $10 million decrease in the money supply. $10 million increase in the money supply. $100 million decrease in the money supply. $100 million increase in the money supply.
The extra reserves will be loaned out, but the bank will retain part of them as necessary reserves. The amount of money available rises as a result of that loan.
If the necessary reserve is 10% and a deposit of $100 is made, how much must the bank have on hand?$10
In the case of a 10% reserve requirement, the deposit multiplier indicates that banks must hold 10% of all deposits in reserves, but they can generate money and boost economic activity by lending out the remaining 90%. In other words, if a depositor deposits $100, the bank must retain $10 in reserve but can lend out $90.
To know more about amount visit:
https://brainly.com/question/13024617
#SPJ4
a flexible budget expresses variable costs on a per unit basis and fixed costs on a total basis. group startstrue or falsetrue, unselectedfalse, unselected
A flexible budget expresses variable expenses per unit and fixed costs as a whole. This is correct. Thus, the correct choice is true.
What is a flexible budget?A flexible budget is one that adapts to changes in real revenue or other activities. As a consequence, the budget closely matches the actual results. This method varies from the more traditional static budget, which consists entirely of set expenditure figures that do not alter in reaction to changes in real revenue levels. Because of flexible, rolling budgets, entrepreneurs can react to change. This agile planning strategy enables you to adjust expenditures during the year, resulting in less overspending, more options, and faster responses to changing market and corporate conditions.
To learn more about flexible budgets, click
https://brainly.com/question/14202862
#SPJ1
what is the first step in the organizing process? group of answer choices determining the specific activities needed to implement plans assigning work to specific employees grouping work activities into a logical structure coordinating the work of different groups and employees within a firm
Determining the specific activities needed to implement plans is the first step in the organizing process. Therefore, the option A holds true.
Organizing can be referred to or considered as one of the most integral process involved under the different functions of management. It identifies the plans and then further determines the activities that are to be performed in order to lead to a successful implementation of the plans. In fact, these activities are the initial process in the function of organizing.
Learn more about organizing here:
https://brainly.com/question/12825206
#SPJ4
which of the following statements are correct? multiple select question. managers generally maintain high debt-to-equity ratios in industries with little financial risk. stockholders generally prefer less debt and more equity. in practice, most debt-to-equity ratios are greater than 3. managers generally maintain high debt-to-equity ratios in industries with high financial risk. stockholders generally approve of high amounts of debt.
Stockholders generally prefer less debt and more equity.
What is meant by debt-to-equity ratio?The debt-to-equity ratio is a financial metric that shows how much debt and shareholder equity were utilized to finance the assets of a company. The ratio, often known as risk, gearing, or leverage, is closely related to leveraging.
What is a healthy debt-to-equity ratio?A debt-to-equity ratio of about 2 or 2.5 is typically seen as good, though it differs by industry. This ratio indicates that for every $1 invested in the company, around 66 cents come from debt, while the remaining 33 cents come from the company's equity.
To know more about debt-to-equity ratio, visit:
brainly.com/question/28391877
#SPJ4
company 1 has return on assets of 8.2% and a debt to equity ratio of 67.2%. company 2 has return on assets of 6.3% and a debt to equity ratio of 53.4%. based on these ratios, what is generally true about these two companies?
According to the given information, Company 1 has higher profitability and higher risk.
Financially speaking, risk is the possibility that the results or returns on an investment will not match expectations. Risk encompasses the potential for losing a portion or the entirety of a starting investment.
Risk is typically quantified by taking into account past actions and results. A frequent statistic used to measure risk in finance is standard deviation. A measure of asset price volatility in relation to historical averages over a specific time period is provided by standard deviation.
Overall, managing investment risks is possible and wise if one is aware of the fundamentals of risk and how it is calculated.
Learn more about Risk, here
https://brainly.com/question/17284407
#SPJ4
Which company acts on behalf of more than 200 universities, bowls, and conferences to negotiate licensing agreements?
The company that acts on behalf of more than 200 universities, bowls, and conferences to negotiate licensing agreements is the Collegiate Licensing Company.
CLC is the largest licensing group in the country managing nearly 200 university licenses. There are three types of licenses: local, standard and restricted. A local license gives you permission to manufacture licensed products for colleges and universities in your state.
Officially Licensed Collegiate Products label, hangtag, or hologram means the University has granted the manufacturer the right to use its mark. If this mark is missing, the item may be counterfeit. IMG College's licensing subsidiary, The Collegiate Licensing Company, released its annual list of best-selling institutions and manufacturers on Tuesday, with no change at the top.
Learn more about Licensing agreements here:- https://brainly.com/question/28495633
#SPJ4
to calculate the expected risk premium on a stock, one must subtract the ________ from the stock’s expected return.
to calculate the expected risk premium on a stock, one must subtract the Inflation rate from the stock’s expected return.
Inflation is the price of boom in fees over a given time frame. Inflation is generally a huge measure, together with the general increase in fees or the growth inside the price of dwelling in a country. demand-pull inflation refers to situations in which there are not sufficient services or products being produced to hold up with demand, inflicting their prices to boom. value-push inflation, alternatively, happens while the fee of manufacturing services and products rises, forcing groups to elevate their costs.
More jobs and higher wages boom household incomes and lead to a rise in consumer spending, in addition growing aggregate call for and the scope for firms to growth the expenses of their items and services. when this occurs throughout a huge quantity of organizations and sectors, this results in an increase in inflation.
Learn more about Inflation rate here:https://brainly.com/question/8149429
#SPJ4
all of the following are key organizational data in the fulfillment process except:_____.
a. Purchasing organization b. Distribution Channel c. Storage location d. Sales organization
Client, company code, sales area, and plant are all important organizational components for the fulfillment process.
What is data from an organization?organization information used to depict an organization's structure. Plant. alludes to an authoritative component that plays out numerous. serves a purpose and is pertinent to several processes.
What are the four processes of organization?There are four types of departmentalization that a manager can use to organize activities: product, customer, geographical, and functional.
In the buying process, what are the three primary documents used?The three most normal sorts of acquisition process archives are Solicitation for Data (RFI), Solicitation for Proposition (RFP), and Solicitation for Citation (RFQ). The purpose of each document varies.
To learn more about organizational components here
https://brainly.com/question/28080906
#SPJ1
question content areathe financial loss that each stockholder in a corporation can incur is usually limited to the amount invested by the stockholder. true false
The statement is True. The financial loss that each stockholder in a corporation can incur is usually limited to the amount invested by the stockholder.
Shareholders, or stockholders, are the proprietors of an enterprise's amazing stocks, which represents a residual part of the enterprise's assets and profits in addition to a percent of the employer's balloting strength.
A stockholder is someone who has stocks in a corporation. Stockholders are personally a piece of that agency. if you're a stockholder inside the cutting-edge, best, financially sound new start-up business enterprise, your inventory might be worth numerous money! Stockholders are those who maintain shares — in other phrases, own stocks — in a company.
Learn more about stockholders here https://brainly.com/question/16289143
#SPJ4
negligence action by p against d, the owner of a supermarket, after p allegedly slipped on a ketchup spill. d denies there was any ketchup spill. to prove the spill was present, p calls witness, another customer who was in the store at the time, to testify that 15 min before p fell, witness told d's manager that there was ketchup on the floor. same case. suppose witness's statement is only offered to prove that d was aware of the ketchup spill before the accident occurred. hearsay?
No statement is only offered to prove that d was aware of the ketchup spill before the accident occurred.
What to do if you spill ketchup?
Mix half a tablespoon of mild dish soap with 1 cup of cold water. Dip a sponge into the solution and dab the stain. Rinse off with a clean sponge and cold water. Repeat until the Ketchup stain removes.
Will ketchup stains wash off?
Remove excess ketchup with a spoon or knife without scraping the dough. Avoid dabbing as it can spread the stain. If the garment is washable, remove it as soon as possible and run cold water over the stain from the back side to press the stain out of the garment.
To know more about Ketchup visit here:
https://brainly.com/question/15566657
#SPJ4
if a customer chooses not to keep a defective shipment of garments or shoes, at best you may be able to negotiate a quick replacement. at worst, you receive a canceled order. if procurement is able to keep track of the loss gross margins that defective product returns has on profitability, this is an example of how purchasing affects which value dimension? innovation agility quality delivery
The Value dimension represents the distinctive types of values stored in your application, and can encompass the enter currency, mother or father currency, adjustments, and consolidation detail such as proportion, elimination, and contribution detail.
Which value dimension is most important?The most important value dimension that shapes our sense of self is the individualism-collectivism cost dimension. Individuals with an exterior locus of control have a tendency to emphasize free will, character motivation, and personal effort and responsibility.
What are the 5 value dimensions?According to Hofstede, the 5 most important dimensions are identity, power, gender, uncertainty, and time. You can think about cultural value dimensions on a scale or a continuum, the place one element of the cost lies on one aspect of the scale and the other extreme lies at the different end of the scale.
Learn more about Value dimension here:
https://brainly.com/question/28559189#SPJ4With respect to expanding opportunities for ICT environmental contributions, what term is associated with the issues such as LEED Certified Buildings, Smart Motors, and Industrial Robots?
Attack Surface term is associated with the issues such as LEED Certified Buildings, Smart Motors, and Industrial Robots. The entire number of potential points of entry for unauthorised access into any system is known as the attack surface.
It includes every endpoint and vulnerability that can be used to launch a security attack. An attack vector is a strategy for breaking into a computer system or network without authorization. The entire number of attack Robots that an attacker can use to influence a network or computer system or extract data is known as the attack surface. Through monitoring, scanning, and penetration testing of digital assets.
To learn more about Robots, click here
https://brainly.com/question/29379022
#SPJ4
samuel's company is in the following situation: what is the average cost at samuel's company? $20.00 $5.63 $34.37 $14.37
The average cost at samuel's company is the Q = 20. They are the total revenue are the amount are the given.
What is company?The term "company" refers to legal entities that are lawfully registered under the Company Act. The company's major goal is to increase profits while maintaining goodwill. With the assistance of management, the organization was flawlessly run. Employees are compensated by the company.
Because the price may be calculated using the total revenue and quantity. The overall sales is the combination of the quantity and the price. So, dividing total revenue by quantity yields the price level value.
Q = TR / P
Q = 142000 / 7100
Q = 20.
As a result, the average cost at samuel's company is the Q = 20. They are the total revenue are the amount are the given.
Learn more about on company, here:
https://brainly.com/question/29354835
#SPJ1
which type large-business software can handle tasks as diverse as manufacturing and quality control to accounting and human resources?
Enterprise resource planning (ERP) is a software program that supports automation and business processes in a variety of areas, including finance, human resources, manufacturing, supply chain, services, and procurement.
ERP software systems provide the automation, integration, and intelligence required to efficiently handle all everyday business processes, earning them the moniker "the central nervous system of an enterprise." The bulk or all of an organization's data should be stored in the ERP system in order to provide a single source of truth throughout the whole enterprise.
Finance requires an ERP to quickly close the books. Sales need ERP to manage every client order. Logistics is dependent on the effective use of ERP software in order to provide the right goods and services to customers on time. Accounts Payable needs ERP to correctly and efficiently pay vendors.
To know more about human resources click here,
https://brainly.com/question/10583893
#SPJ4
A clothing manufacturer builds quality into its operating system, placing responsibility on each employee. this process is known as quality __________
Income statement conveys a company's ability to generate profits in the current period.
An income statement is a financial statement that lists the revenue and expenses of the company. Additionally, it displays a company's profit or loss over a specific time frame. You may better comprehend your company's financial situation by comparing the income statement to the balance sheet, cash flow statement, and cash flow forecast.An income statement displays the revenues, costs, and profitability of a business over time. It is also sometimes referred to as an earnings statement or a profit-and-loss (P&L) statement. It displays your sales revenue for goods and services. expenses for running your firm and generating money.To know more about Income statement here
https://brainly.com/question/15169974
#SPJ4
True or false? trade secrets have an unlimited duration, i.e. do not expire after a fixed period of time.
It is accurate to say that trade secrets have an endless shelf life.
The duration of trade secret protection is unlimited (patents last in general for up to 20 years). Trade secrets do not require registration and can persist as long as the secret is kept from the public (though keeping the information confidential may entail high costs in certain cases).
Are trade secrets subject to a time limit?Since a trade secret has no expiration date, a company may employ one to preserve a competitive edge for as long as the company upholds the trade secret' confidentiality. Any corporate procedure or practice that is typically unknown to parties outside the organization is considered a trade secret.
To know more about trade secrets visit:-
https://brainly.com/question/28301036
#SPJ4
A majority of economists believe that in the long run, real economic variables and nominal economic variables behave independently of one another. For example, an increase in the money supply, a nominal variable, will cause the price level, a nominal variable, to increase but will have no long-run effect on the quantity of goods and services the economy can produce, a nominal variable. The distinction between real variables and nominal variables is known as ______
The nominal, nominal, real, and the classical dichotomy are terms used to describe the division between real and nominal variables.
What do variables mean by nominal?An attribute that is being measured is given a name, a label, or a classification using a nominal variable. The descriptive values it employs to describe the several categories have no intrinsic ordering.
Real and nominal variables: what are they?Real variables are from which inflation and/or price impacts have been eliminated. Nominal variables, on the other hand, are those where the impacts of inflation have been taken into account. As a result, inflation and price changes have an impact on numeric data but not real ones.
To know more about nominal variables visit:
https://brainly.com/question/17276179
#SPJ4
explain how an increase in u.s. and canadian intraindustry trade altered the level of productivity in the affected canadian sector. what were canada's motives for proposing and signing the canadian-u.s. free trade agreement?
Canada's motives for proposing and signing the canadian-u.s. free trade agreement are : -
Reduced Tariffs : Studies have found that these lowered tariff barriers have generally resulted in increased trade: “Other than in automobiles and parts and petroleum, trade between the two countries has grown more quickly in those sectors liberalized by the Canada-US FTA than in those not liberalized.
Increased stability : Second, trade has benefited from increased stability that has resulted from the “significant bilateral regime, particularly in the realm of trade and investment, with its own principles, norms, and rules, as well as some institutions,” that have been put in place to deal with and manage this increased trade These have lowered transaction costs and reduced uncertainty.
Productivity : Regardless, Canada has not experienced a convergence in productivity rates with the United States, whose productivity growth has outstripped Canada’s, although it seems that productivity increases were most significant in those industries most affected by the FTA.
Stand of living : it is very likely that there were some transitional job losses as tariffs fell, in some cases from more than 20% to zero in the short space of a decade. On the other hand, jobs were undoubtedly created by the FTA-induced export expansion, although credit for the export boom has to be shared with our depreciating dollar and other forces.
Trade involves dealings in items or services on a normal foundation. One unmarried transaction of sale or buy does no longer represent business. earnings incomes. one of the fundamental reason of enterprise is to earn profits.
Learn more about trades here :-
brainly.com/question/14926566
#SPJ4
What are some things to consider when handling and managing a patient's dental records what would happen if a patient's dental records are not handled properly?
Dental records should only contain clinical information. Critical or humorous comments shouldn't be recorded in a patient's file.
It is impossible to exaggerate the significance of a dental office's patient records. The creation and upkeep of adequate patient records are mandated by law for dental practices. If this isn't done, the practice could face serious risks and liabilities. Additionally, a number of laws and regulations, including the Health Insurance Portability and Accountability Act (HIPAA), mandate the preservation of records for varied amounts of time.
To give patients the best care possible, dental records must be structured, clear, and thorough. Additionally, the documentation of a dental office may be used in a court of law in support of or in opposition to malpractice claims or other civil litigation.
learn more about clinical information here
https://brainly.com/question/1089166
#SPJ4
What is the importance of having different communicative strategies in a certain situations?
Communicative strategies are important in various situations so that the proper message is dispersed to everyone.
It is important to have different communicative strategies in different situations because each situation may require a unique approach in order to effectively communicate with others. For example, in a professional setting, it may be important to use formal language and a clear, concise communication style in order to convey information accurately and effectively.
In a personal setting, on the other hand, a more informal and friendly communication style may be more appropriate. Having a variety of communicative strategies allows the person to adapt to different situations and communicate effectively with others.
Read more about Communicative strategies on:
https://brainly.com/question/10869544
#SPJ4
item38 ebookitem 38 under an installment contract, when does the ucc provide that a buyer/lessee may reject an installment of a particular item?
The broad solution may be found in the UCC under Section 2-612, which allows the buyer to reject any nonconforming installment if the nonconformity cannot be remedied or if it materially reduces the value of that specific installment.
Revocation:A revocation of acceptance indicates that even if the buyer has acknowledged and claimed ownership of the goods, he still has the option to send them back and receive a refund. If the nonconformity "significantly degrades its worth to him," the buyer may rescind his acceptance in one of two situations: 2-608 of the Uniform Commercial Code.
If the acceptance was caused by a latent fault that could not reasonably have been found prior to acceptance.
or
If the buyer reasonably believed the nonconformity would be corrected and it is not within a reasonable period.
In a sales contract, the buyer's obligations are to examine, accept, and pay. A waiver of the right to complain occurs when a flaw that an inspection would have found is not found. Normally, the buyer accepts the items as conforming and may reject the entire nonconforming delivery or a portion of it if a problem is discovered.
Learn more about Uniform Commercial Code (UCC):
brainly.com/question/15980446
#SPJ4
the process of developing an approximate and best guess of the monetary value of resources needed to complete all project activities is known as:
The process of estimating the cost of the financial resources required to accomplish project operations is known as cost estimation. Cost estimation is a claim that quantifies the expense paid in producing finished goods.
The approximate cost of a project, program, or operation is known as a cost estimate. The end result of the cost estimating procedure is the cost estimate. The cost estimate has one total value and perhaps one or more separate component values. A competent, trustworthy, and precise cost estimate will help you prevent a problem with a cost overrun. The expert who creates cost estimates is known as a cost estimator. Cost estimators come in several varieties, and their titles may be followed by a modifier like "building estimator," "electrical estimator," or "chief estimator." Cost estimates may also be created by or with input from other experts, including as quantity surveyors and cost engineers. The Bureau of Labor Statistics reports that there were 185,400 cost estimators in the US in 2010. In the UK, there are about 75,000 professional quantity surveyors at work.
Learn more about cost estimation here
https://brainly.com/question/27993465
#SPJ4
jake is unhappy that his lease was extended automatically. what lease provision should jake review closely to ensure it is enforceable?
Jake is dissatisfied that his lease was automatically renewed. Jake should carefully examine the automatic lease agreement to make sure it is enforceable.
A lease is defined as a legal arrangement whereby the owner of an asset leases that asset to the lessee for a fixed or variable amount over a fixed or flexible period of time in exchange for payment. An implicit or written lease outlines the terms and conditions under which a lessor agrees to rent out a piece of property for use by a lessee. The lessee will have access to the property for the agreed amount of time, and the owner will continue to be paid during that time, as per the agreement. A lease is an enforceable contract that specifies the terms under which one party agrees to rent property owned by another party.
Learn more about lease from
brainly.com/question/24460932
#SPJ4
now that sheila has completed her bachelor's degree, she has decided to pursue her master's degree. sheila's choice of additional education is called an investment in:
Now that Sheila has finished her bachelor's degree, she has determined to pursue her master's degree. Sheila's desire of extra training is referred to as an funding in: A human capital.
The required details about human capital is mentioned in below paragraph.
The time period human capital refers to the monetary price of a people revel in and skills. Human capital consists of property like training, training, intelligence, skills, health, and different matters employers price consisting of loyalty and punctuality. As such, it's far an intangible asset or first-class that isn't (and can not be) indexed on a business enterprise's stability sheet. Human capital is looked as if it would boom productiveness and for this reason profitability. The extra funding a business enterprise makes in its employees, the possibilities of its productiveness and fulfillment end up higher.
(COMPLETE QUESTION)
Now that Sheila has completed her bachelor's degree, she has decided to pursue her master's degree. Sheila's choice of additional education is called an investment in:
A human capital.
B labor
C financial capital.
D physical capital.
E natural resources
To learn about human capital visit here.
https://brainly.com/question/10480832
#SPJ4
the idea that individuals would contribute according to their abilities and receive benefits according to their needs supports which type of economy?
Communist based economy is the type of economy that the idea that individuals would contribute according to their abilities and receive benefits according to their needs supports.
What are the characteristics of a communist economic system?Common ownership of the means of production and unrestricted access to consumer goods are characteristics of a communist society, which is frequently classless, stateless, and moneyless and signifies the end of labor exploitation.Since the government controls the economic system in a communist society, economic instability is not a possibility. Every citizen must put in labor to qualify for benefits; those who don't face equivalent penalties. This encourages participation and promotes economic expansion.China and Cuba are two of the prime instances of communism or a communist economy. The Communist Party of China, formally known as the People's Republic of China, is the only political force in power in China. The National People's Congress, the president, and the State Council each have a portion of the power.Learn more about communist economic system refer to :
https://brainly.com/question/12302794
#SPJ4
Full employment implies there is zero unemployment in the economy state true or false and give reason
Given the numerous varieties of unemployment and the fact that some are inevitable or even required for a healthy labor market, full employment is not the same as zero unemployment.
The nonaccelerating inflation rate of unemployment (NAIRU), the absence of cyclical unemployment, and GDP at potential are the three conditions for full employment, according to the BLS.
When part-time workers cannot find occupations that match their skill level, there may be underemployment or unemployment in an economy with full employment. This type of unemployment is considered structural rather than cyclical. Because some people may still be unemployed due to skill mismatches, full employment does not equate to zero unemployment.
Read more about Full employment at
https://brainly.com/question/13830837
#SPJ4
Umpqua defines other financial institutions that perform banking services as their competitors. therefore they take a/an ___________ of its competition.
Umpqua defines other financial institutions that perform banking services as their competitors, therefore they take an advantage of its competition.
What are the competitors in the financial services industry?Basically, a competition means the situation in a market in which firms or sellers independently strive for the patronage of buyers in order to achieve a particular business objective, for example, for profits, sales and market share. In context, the competition is often equated with rivalry. It is also defined as a scenario where different economic firms are in contention to obtain goods that are limited by varying the elements of the market.
Most banks compete not only with each other, but with variety of other financial services providers including trust companies, life insurance companies, finance companies, federal and provincial credit unions and caisses populaires, federal and provincial financial agencies and financial technology companies.
Read more about competitors
brainly.com/question/28465564
#SPJ1
which program pays medicare part a and b or medicare part c premiums, deductibles, coinsurance, and copayments?
The Qualified Medicare Beneficiary (QMB) Program covers the premiums, deductibles, coinsurance, and copayments for Medicare Parts A and B or Part C.
What benefits may you get from QMB?You can get help from your state to pay your Medicare premiums through one of the four Medicare Savings Programs, the Qualified Medicare Beneficiary (QMB) Program. This program allows for the payment of Part A and Part B premiums as well as deductibles, coinsurance, and copayments.
Is Medicare Part D covered by QMB?A Medicare beneficiary who meets the requirements for the QMB program is immediately eligible for the Medicare Part D Extra Help program, which provides financial aid with Medicare Part D prescription pharmaceutical coverage (monthly premiums, deductibles, and drug costs).
Learn more about Qualified Medicare Beneficiary (QMB) Program: https://brainly.com/question/14073500
#SPJ4
on july 8, jones inc. issued an $70,000, 7%, 120-day note payable to miller company. assume that the fiscal year of jones ends july 31. using a 360-day year, what is the amount of interest expense recognized by jones in the current fiscal year? when required, round your answer to the nearest dollar.
Jones recognizes $313 as interest expense on the note payable in the current fiscal year.
What is a note payable?A liability account that is recorded in a company's general ledger is called notes payable. It is the place when borrowers formally commit themselves to paying back lenders. On the other hand, the lender would note this identical written guarantee in their account for notes receivable.
The amount of interest expense recognized by jones in the current fiscal year is calculated as:-
It is assumed that the fiscal year ends on July 31.
There are 23 days between the note payable issued i.e. July 8 and the end of the fiscal year on July 31st.
Principal amount = $70,000
Rate= 7%
Interest = Principal x Rate x Time
=$70,000 x 7% x 23/360
=$70,000 x 0.07 x 23/360
=$313.05
Therefore, Jones recognizes $313 as interest expense on the note payable for the current fiscal year.
To learn more about note payable, click here:
https://brainly.com/question/14524393
#SPJ1
panel b is consistent with a firm in a monopolistically competitive market that is a. in long-run equilibrium. b. not in long-run equilibrium. c. producing its efficient scale of output. d. earning a positive economic profit.
The correct answer is c. producing its efficient scale of output.panel b is consistent with a firm in a monopolistically competitive market that.
One group's sole possession of the resources needed to produce or sell a good or a service: "Monopoly typically... results through government assistance or from collusive agreements among people" (Milton Friedman). 2. a. A business, organization, or person who has sole control over a commercial operation. Industries with monopolistic competition include those in restaurants, hair salons, home goods, and clothes. Numerous rival businesses compete to sell, advertise, and price goods like dish soap and hamburgers.A monopoly is a market arrangement where one seller dominates the whole market because he is providing a distinct good or service. Monopolistic competition, on the other hand, is a competitive market with a small number of customers and sellers who provide similar replacements.
To learn more about monopolistically click the link below:
brainly.com/question/29763908
#SPJ4