Answer:
Explanation:
Back in the day you can buy so much with a dollar, as of today yes you can buy a candy bar but back then you can buy a whole steak for a $1
Answer:
A is the answer of the percentage
Answer:
The answer is "India and increases".
Explanation:
Since its working-age population is rising, India will have a higher economic growth rate, and according to traditional thinking, restricting China's people would boost economic growth.
- The modernization theory includes reducing population growth in China would reduce economic growth.
- In India, real GDP per person has a growth of 8-1.6 = 6.4% as well as that of China is 9-0.6 = 8.4% in 2005.
- In India, the doubling time is 70/6.4% = 11 years or 2016 and in China, 8.33 or 2014.
Answer:
At December 31, Black should record interest revenue of: $545
Explanation:
Black Company receives a 10% interest bearing note from Reese Company to settle an $21,800 account receivable.
The amount of the interest per year = 10% x $21,800 = $2,180
At December 31, following 3 months, the interest accrual = $2,180/12 x 3 = $545
Journal entries to record the interest accrual:
Debit Interest receivable $545
Credit Interest revenue $545