Question 1: (0.5 points) Humana Hospital Corporation installed a new MRI machine at a cost of $750,000 this year in its medical professional clinic in Cedar Park. This state-of-the-art system is expec ted to be used for 5 years and then sold for $75,000. Humana uses a return requirement of 24% per year for all of its medical diagnostic equipment. As a bioengineering student currently serving a coop semester on the management staff of Humana Corporation in Louisville, Kentucky, you are asked to determine the minimum revenue required each year to realize the expected recovery and return. Also, you are asked to draw two cash fl ow diagrams, one showing the MRI purchase and sale cash fl ow and a second depicting the required capital recovery each year.

In a cause-and-effect pattern, the main points of a speech do gradually build up to the speaker's thesis. This pattern involves explaining how an event, action or situation led to another event or situation. The given statement is true.

The cause-and-effect pattern requires the speaker to identify the cause and the effect of an event and establish a relationship between them.

The main points of the speech are structured in such a way that they lead the audience to the thesis statement. The thesis statement, in this case, represents the final effect that the speaker wants to convey to the audience.

The gradual buildup of the main points in a cause-and-effect pattern helps the speaker to establish a logical flow of the ideas.

By presenting each point in a coherent manner, the speaker enables the audience to easily understand the connection between the cause and effect of the topic being discussed.

This pattern also allows the audience to anticipate the thesis statement and prepares them to receive the final message of the speech.

Therefore, it is crucial for the speaker to effectively structure their speech to make sure the audience grasps the main points of the speech and connects the dots between the cause and effect.

To know more about cause-and-effect pattern here

https://brainly.com/question/3386852

#SPJ11

To price discriminate, the monopolist will charge each group a different price based on their willingness to pay. The monopolist will charge a higher price to the group with a higher willingness to pay, which is the senior group in this case.

To find the price charged to senior customers, we need to first find the quantity demanded by each group at the profit-maximizing price. The monopolist will set the price for each group where their marginal revenue equals their marginal cost.

For senior customers:
Marginal revenue = P + Qs/ dQs
= 50 - 2Qs

Setting this equal to the marginal cost of $10:
50 - 2Qs = 10
2Qs = 40
Qs = 20

So, at the profit-maximizing price, the senior group will demand 20 units.

For young customers:
Marginal revenue = P + Qy/ dQy
= 40 - 2Qy

Setting this equal to the marginal cost of $10:
40 - 2Qy = 10
2Qy = 30
Qy = 15

So, at the profit-maximizing price, the young group will demand 15 units.

To maximize profits, the monopolist will charge each group a price equal to their marginal revenue at their respective quantities demanded.

For senior customers:
P = 50 - Qs
P = 50 - 20
P = $30

So, the senior group will be charged $30 per unit.

Therefore, the answer is Py = $30.

To learn more about price discriminate visit;

https://brainly.com/question/31454297

#SPJ11

The statement is true because Chile's Ministry of Education implemented an optimization model in 2006 to improve the school meal program's efficiency and reduce costs.

This model was based on an auction bidding process that involved food suppliers bidding for school meal contracts. The optimization model takes into account several factors, such as nutritional content, quality, and price, to determine the most cost-effective supplier for each school.

This model allowed the Ministry of Education to award contracts to the most efficient and cost-effective suppliers while ensuring that the meals provided to students met certain nutritional standards.

As a result of this optimization model, the cost of providing school meals decreased significantly, allowing the government to feed more students with the same budget. Additionally, the use of the auction bidding process and optimization model increased transparency and competition in the bidding process, reducing the potential for corruption or favoritism in the awarding of contracts.

Learn more about Ministry of Education https://brainly.com/question/26959225

#SPJ11

According to the available data, it appears that Brand C's average ratings for dental health were greater than those of Brand A and Brand B. The statistics may corroborate the manufacturer's claims, but additional thorough and extended research is required to confirm these results.

Based on the data provided, it appears that the new brand of toothpaste did have higher average scores for tooth health than Brand A and Brand B. However, it's important to note that the study was only conducted on a small sample size of 7 people per group. This means that the results may not be representative of the entire population and could be subject to sampling error. Additionally, it's unclear if the groups were randomly selected or if there were any other factors that could have influenced the results. Therefore, while the manufacturer's claims may be supported by the data provided, more rigorous and extensive studies would be needed to confirm these findings.

Learn more about corroborate  here

https://brainly.com/question/30573017

#SPJ11

High inflation can have various effects on your personal finances, making it essential to adapt your financial strategies to protect your wealth and maintain your standard of living.

If we entered another period of relatively high inflation, your personal finances could be impacted in several ways. Key terms to consider include purchasing power, savings, investments, and interest rates.

High inflation erodes the purchasing power of your money, meaning the same amount of money buys fewer goods and services. This can lead to a decrease in your standard of living if your income does not keep pace with inflation.

Savings stored in traditional bank accounts may lose value in real terms if the interest rates paid by banks do not match or exceed the inflation rate. In this scenario, your savings would not grow as fast as prices increase, potentially reducing your future purchasing power.

Investments, such as stocks and bonds, may be affected by high inflation. Some investments may perform better in inflationary environments, while others may underperform. Diversification and careful selection of investments become important to protect and grow your wealth.

Lastly, high inflation often leads to higher interest rates as central banks try to control inflation. This could impact your personal finances by increasing the cost of borrowing, such as mortgages or personal loans, making it more expensive to finance large purchases or manage existing debt.

Learn More about inflation here :-

https://brainly.com/question/30112292

#SPJ11

Multicollinearity refers to a situation where two or more independent variables in a regression model are highly correlated with each other.

The consequences of multicollinearity for OLS estimation include unstable and imprecise estimates of the regression coefficients, large standard errors, and reduced statistical power. In other words, the estimated coefficients may not be reliable, and the model may not be able to accurately predict the dependent variable.

One possible remedy for multicollinearity is to remove one of the highly correlated independent variables from the model. Another possible solution is to combine the correlated variables into a single variable through factor analysis or principal component analysis. This can help to reduce the degree of multicollinearity and improve the accuracy of the regression estimates.

It's also important to note that multicollinearity can sometimes be a symptom of a larger problem with the data, such as an incorrect specification of the model or a sample that is too small or too homogeneous. Therefore, it's important to thoroughly examine the data and the model to determine the root cause of the multicollinearity and to apply appropriate remedies.

Know more about Multicollinearity here:

https://brainly.com/question/29737655

#SPJ11

The government's budget surplus would be $40 per year ($80 tax revenue minus $40 government spending).

In the given scenario, we have:

Real GDP = $800 per year
Consumption = $560 per year
Tax revenue = $80 per year
Government spending (initially) = $120 per year
Government spending (after the change) = $80 per year

To calculate the government's budget deficit or surplus (public saving), we can use the following formula:

Public saving = Tax revenue - Government spending

Using the new information with the reduced government spending:

Public saving = $80 - $80 = $0

So, with the new government spending of $80 per year, the country's government has a balanced budget, neither a deficit nor a surplus. The public saving is equal to $0.

Learn more about Real GDP here: brainly.com/question/30737857

#SPJ11

The income statement for Ski West 2024 would include the revenue earned from the sale of the season pass to Jake Lawson.

This revenue would be recognized upfront as the pass was sold before the skiing season began. On the other hand, the balance sheet would show an increase in cash (or accounts receivable if Jake Lawson hasn't paid yet) and a corresponding increase in liabilities under the "season pass sales" category.

This is because Ski West has an obligation to provide services (i.e. ski access) to Jake for the duration of the skiing season. As the season progresses, Ski West would recognize the "earned revenue" portion of the season pass as revenue on their income statement.

To know more about  income statement, refer to the link:

https://brainly.com/question/28035395#

#SPJ11

Answer:

Government can restrict the flow of money by c. raising taxes.

Explanation:

Higher taxes means more money going into the hands of government that means lower saving for the poor and middle class families, this would in turn lead to reduced demands and restrict flow of money.

17. If the economy is initially in equilibrium at Ey, and the central bank buys Treasury bills, the correct option is: a) AD, will; the right, causing; inflationary. 18. If interest rates are at the zero lower bound, the correct option is: b) normal monetary policy is ineffective. 19. Economists argue that money is neutral in: c) the long run, but money does affect the price level


17. If the economy is initially in equilibrium at Ey, and the central bank buys Treasury bills, the correct option is:

a) AD, will; the right, causing; inflationary

This is because when the central bank buys Treasury bills, it increases the money supply, which shifts the aggregate demand (AD) curve to the right. This leads to an inflationary gap where the price level increases and real GDP is above potential output.

18. If interest rates are at the zero lower bound, the correct option is:

b) normal monetary policy is ineffective

At the zero lower bound, traditional monetary policy tools, such as adjusting interest rates, become less effective because interest rates cannot be lowered further to stimulate the economy.

19. Economists argue that money is neutral in:

c) the long run, but money does affect the price level

In the long run, changes in the money supply only affect the price level and have no impact on real variables such as output and employment. In the short run, however, changes in the money supply can influence real economic variables.

For more such questions on Economy.

https://brainly.com/question/30131108#

#SPJ11

Ceteris paribus, the decrease in sugar cane crop due to Hurricane Andrew passing through Louisiana in the summer of 1992 would result in an increase in the price of sugar cane.

Ceteris paribus, which means "all other things being equal," if approximately a quarter of the sugar cane crop was destroyed when Hurricane Andrew passed through Louisiana in 1992, there would be a decrease in the supply of sugar cane.

This would result in an increase in the price of sugar cane due to the reduced supply. This increase in price would likely be passed on to consumers in the form of higher prices for sugar and other products made from sugar cane, such as candy and soda. The degree of price increase would depend on the extent of the damage to the sugar cane crop and the availability of substitute products.

Learn more about Ceteris paribus

https://brainly.com/question/13864080

#SPJ4

So, the monopolist is currently facing an inverse demand curve of PD=12-Q and production costs of C(q)=5+6Q. Now, the firm has the option to develop a new technology that would potentially reduce production costs.

If the new technology is developed, the firm's production cost function would change to a lower value. Let's assume that the new production cost function is C(q)=2+4Q. This would result in a reduction in the marginal cost of production by 2, as the previous marginal cost was 6 and the new marginal cost is 4.

Now, the firm can determine the optimal level of output for both the current and new production cost functions. For the current production cost function, the monopolist's profit-maximizing output can be found by setting marginal revenue (MR) equal to marginal cost (MC). So, MR=12-2Q=MC=6, which gives us Q=3. Thus, the monopolist would produce 3 units of output and charge a price of P=12-3=9.

For the new production cost function, the monopolist's profit-maximizing output can be found by setting MR=12-2Q=MC=4, which gives us Q=4. Thus, the monopolist would produce 4 units of output and charge a price of P=12-4=8.

Comparing the two outcomes, we can see that with the new technology, the firm can produce more output at a lower price, resulting in a higher consumer surplus and potentially higher profits for the monopolist. Therefore, developing the new technology would be beneficial for the firm as it would result in a content loaded production process.

Know more about monopolist here:

https://brainly.com/question/29763908

#SPJ11

The percentage change in price results in a smaller percentage change in the quantity demanded, indicating that consumers are not highly sensitive to changes in the price of corn. The demand for corn in Nigeria is price inelastic

(i) The mid-point formula for price elasticity of demand is:
[tex]Elasticity = (ΔQ/((Q1 + Q2)/2)) ÷ (ΔP/((P1 + P2)/2))[/tex]
where ΔQ is the change in quantity demanded, Q1 and Q2 are the initial and final quantities demanded, ΔP is the change in price, and P1 and P2 are the initial and final prices.

Using the values given in the question:
ΔQ = 10,500,000 - 4,850,000 = 5,650,000
Q1 = 10,500,000
Q2 = 4,850,000
ΔP = 16,000 - 4,000 = 12,000
P1 = 4,000
P2 = 16,000

Elasticity = (5,650,000/((10,500,000 + 4,850,000)/2)) ÷ (12,000/((4,000 + 16,000)/2))
Elasticity = (5,650,000/7,675,000) ÷ (12,000/10,000)
Elasticity = 0.7356

Therefore, the price elasticity of demand for corn in Nigeria is 0.7356.

(ii) A price elasticity of demand between 0 and 1 is considered to be price inelastic, meaning that changes in price have a relatively small effect on the quantity demanded. In this case, the price elasticity of demand for corn in Nigeria is 0.7356, which is between 0 and 1. Therefore, the demand for corn in Nigeria is price inelastic, meaning that the increase in price had a relatively small effect on the quantity demanded.

Learn more about demand here:

https://brainly.com/question/29703449

#SPJ11

The price of wholesale milk dropped by 30.3% due to the Pennsylvania Milk Marketing Board's decision to lower the regulated price.

The reason why the price to consumers in Philadelphia fell by substantially less than the 30.3% drop in wholesale milk price is that there are additional costs that go into bringing milk from wholesale to retail. This includes transportation, processing, and packaging costs, as well as other expenses associated with running a retail business. Additionally, retailers may not have immediately passed on the full savings to consumers, choosing instead to maintain profit margins or gradually adjust prices over time as new content loaded their inventory.

However, the price to consumers in Philadelphia fell by less than 30.3% because factors like transportation costs, retail margins, and taxes, which are not directly tied to the wholesale price, can influence the final price that consumers pay.

Learn more about Pennsylvania here:

https://brainly.com/question/9213150

#SPJ11

Answer:

The correct option is B) finished goods inventory decreased during the period.

Explanation:

If the cost of goods sold is more than the cost of goods manufactured, then the finished goods inventory decreased during the period. This is because the cost of goods manufactured represents the total cost of the goods that were completed during the period, while the cost of goods sold represents the cost of the goods that were sold during the same period.

When the cost of goods sold is more than the cost of goods manufactured, it means that more goods were sold than were produced during the period. As a result, the finished goods inventory would have decreased.

Option A is incorrect because an increase in finished goods inventory would result in the cost of goods sold being less than the cost of goods manufactured, not more.

Option C is incorrect because overhead being overapplied or underapplied relates to the application of manufacturing overhead costs, which is not directly related to the relationship between the cost of goods sold and the cost of goods manufactured.

Option D is also incorrect because overhead being overapplied or underapplied does not relate to the relationship between the cost of goods sold and the cost of goods manufactured.

To Know more Cost of goods

https://brainly.com/question/28036706

The expected spot exchange rate between the Mexican peso and the US dollar is mxn12.092/$.

To determine the spot exchange rate, we can use the interest rate parity formula which states that the difference in interest rates between two countries should equal the percentage difference between the forward exchange rate and the spot exchange rate.

So, let's start by calculating the percentage difference between the two risk-free rates:

7.74% - 5.140% = 2.6%

Next, we can use this percentage difference and the one-year forward rate to calculate the expected spot exchange rate:

Expected spot exchange rate = Forward exchange rate / (1 + % difference)

Expected spot exchange rate = mxn12.431/$ / (1 + 2.6%)

Expected spot exchange rate = mxn12.431/$ / 1.026

Expected spot exchange rate = mxn12.092/$

Therefore, the expected spot exchange rate between the Mexican peso and the US dollar is mxn12.092/$.

Learn more about rate here

https://brainly.com/question/29334875

#SPJ11

The statement is False. Self-cueing is a psychological process that involves using external cues to trigger a desired behavior or response.

It is not directly related to entrepreneurship but can be applied to a variety of contexts where behavior change is desired. The process of raising awareness of how, when, and why entrepreneurs behave a certain way is more closely related to entrepreneurial self-reflection or self-awareness, which involves examining one's own thoughts, emotions, and behaviors in order to improve decision-making and performance.

However, self-cueing is just one of many techniques that entrepreneurs can use to improve their performance. Other important factors include developing strong networks, seeking feedback and advice from mentors and peers, and continuously learning and adapting to changes in the market and industry.

To learn more about self-cueing, visit here

https://brainly.com/question/30264465

#SPJ4

A cash dividend is a payment made by a company to its shareholders in the form of cash. It is typically paid out of a company's profits, and the amount of the dividend is usually declared by the company's board of directors.

Cash dividends are one of the ways in which companies can return value to their shareholders. Other ways include share buybacks and stock dividends. Cash dividends can be distributed quarterly, semi-annually, or annually, and the amount of the dividend is usually expressed as a dollar amount per share. If a corporation pays a cash dividend, it would affect its balance sheet in the following way:
I. Assets decrease (due to the outflow of cash)
III. Net worth decreases (since retained earnings are reduced by the amount of the dividend)
Therefore, the correct answer is: I and III.

Learn more about cash dividends here:

https://brainly.com/question/13535979

#SPJ11

It is accurate to say that Brazilians typically like shopping, and conserving money is not a particularly frequent habit.

Yes, it is true that Brazilians generally love to shop and the habit of saving money is not very common. Consumerism is deeply ingrained in Brazilian culture, and many people prioritize spending on material possessions over building a savings account. However, it is important to note that there are still many Brazilians who prioritize saving and investing for their future financial stability.

Learn more about conserving money here

https://brainly.com/question/4219249

#SPJ11

If the actual overnight rate is higher than the Bank of Canada's target for the overnight rate, the Bank of Canada will likely increase the reserves of commercial banks. This action will inject more liquidity into the market, which should help bring the overnight rate down to the desired target level.

If the actual overnight rate is higher than the Bank of Canada's target for the overnight rate, the Bank of Canada will increase the interest rate paid to banks on their reserves held with the Bank of Canada. This is because when the overnight rate rises above the target rate, it means that there is a shortage of liquidity in the banking system. By increasing the interest rate paid on reserves, the Bank of Canada can incentivize banks to hold onto their reserves rather than lend them out, which can help to reduce the demand for funds and bring the overnight rate back in line with the target rate.

It is important to note that changes in the overnight rate can have a ripple effect on other interest rates throughout the economy, as banks adjust their lending rates in response to changes in the cost of borrowing funds.

Learn more about commercial  here:

https://brainly.com/question/13379893

#SPJ11

An expansionary U.S. monetary policy typically aims to stimulate economic growth by increasing the money supply, lowering interest rates, and making credit more accessible. In the long run, this policy can have both positive and negative effects on the U.S. economy.

On the positive side, lower interest rates can encourage consumer spending and business investment, leading to higher demand for goods and services. This can, in turn, boost GDP growth, create more jobs, and reduce unemployment. Additionally, a more accessible credit market can foster innovation and help businesses grow and expand.

However, there can be negative consequences as well. Prolonged expansionary monetary policy can lead to inflation, as an increased money supply tends to raise the general price level. If inflation becomes too high, it can erode purchasing power and negatively impact economic stability.

Additionally, low interest rates may result in excessive borrowing, which can lead to unsustainable debt levels for both consumers and businesses. This can potentially create financial instability and make the economy more vulnerable to economic shocks.

In summary, expansionary U.S. monetary policy can have both beneficial and adverse long-run effects on the U.S. economy, influencing GDP growth, employment, and inflation rates. Policymakers must carefully balance these factors to achieve the desired economic outcomes.

For more question on monetary policy

https://brainly.com/question/2417605

#SPJ11

It seems like your question is about the challenges faced by policymakers when agreeing on the size of the output gap and its implications for conducting monetary policy.

The difficulty in agreeing on the size of the output gap can arise due to several reasons:

A. The size of the output gap may be subject to data limitations, and as new information becomes available, it may be revised later.
B. The output gap represents the percentage difference between actual GDP and potential GDP, which may be challenging to estimate precisely.
C. Economic information, such as GDP, is often released with a lag, which can make real-time decision-making more difficult.
D. All of the above factors contribute to the challenges policymakers face when agreeing on the size of the output gap and conducting monetary policy.

Disagreement over the size of the output gap may make it difficult for the Federal Reserve to effectively conduct monetary policy because:

A. Differences in the estimates of the output gap can lead to disagreements about the appropriate target for the federal funds rate.
B. Policymakers may be reluctant to change the procedures of monetary policy when there is uncertainty about the size of the output gap.
C. Policy choices become more complicated when there is disagreement over the size of the output gap.
D. All of the above factors make it challenging for the Federal Reserve to conduct monetary policy effectively.

Learn more about policy here:

https://brainly.com/question/28024313

#SPJ11

The conclusion that is not supported by the intertemporal substitution hypothesis is D. The intertemporal substitution hypothesis states that individuals will adjust their consumption.

The leisure patterns over their life cycle in response to changes in wages and interest rates. The hypothesis assumes that individuals will always choose to work more when wages are high and work less when wages are low, regardless of whether the labor market is in a recession or expansion. Therefore, the idea that an unemployed person might choose to become a discouraged worker during a low-wage recession is not supported by the intertemporal substitution hypothesis.

Learn more about consumption here: brainly.com/question/14933604

#SPJ11

The U.S. government accepts loans programs under different departments to support the needs of individuals, businesses, and communities.

The US government borrows a lot of money. Almost $7 trillion comes from foreign countries as loans.

Loans provide benefits to both the parties, borrowers - the U.S government  and to the lender. They make capital available to the US government who need it, and the initial capital is returned with interest. As considered these are secured—or guaranteed—by the government. It’s a win-win for everyone involved.

Some Advantages are -

1. Safe Investment

2. Offers better return

3. Never defaults on payments

4. Helps to maintain Exchange rate

Learn more about Government Borrowing: https://brainly.com/question/31527366

#SPJ4

According to Florida Statutes Chapter 475, the authorized brokerage relationship disclosure requirements do not apply to certain real estate transactions.

Specifically, these requirements do not apply to transactions that involve the rental or lease of a residential or commercial property for a period of less than one year. Additionally, these requirements do not apply to transactions that involve the sale or lease of a business, or the sale of a mobile home that is not considered real property.
It is important to note that while these specific transactions may not require authorized brokerage relationship disclosure, other legal and ethical obligations still apply to real estate professionals involved in these transactions. Real estate professionals should always act in the best interest of their clients and provide honest and transparent communication throughout the transaction process.
Overall, understanding the authorized brokerage relationship disclosure requirements is crucial for real estate professionals in Florida. While certain transactions may not require disclosure, it is important for professionals to stay informed and act in accordance with legal and ethical guidelines at all times.

Learn more about business :
https://brainly.com/question/15826604

#SPJ11

b. Long but predictable.
Targeting inflation is better than monetary fine-tuning when time lags in the implementation of monetary policy are Long but predictable

When time lags in the implementation of monetary policy are long but predictable, targeting inflation is better than monetary fine-tuning. This is because monetary fine-tuning, which involves frequent adjustments to interest rates in response to short-term economic fluctuations, can lead to unintended consequences and instability in the long run. On the other hand, targeting inflation involves setting a clear inflation target and adjusting monetary policy gradually over a longer time horizon to achieve that target. This approach provides more stability and predictability in the economy, which can help to anchor inflation expectations and promote long-term growth.Inflation targeting is a monetary policy framework where a central bank sets an explicit target for the rate of inflation and adjusts its policy tools, such as interest rates, to achieve that target over the medium to long term.

Learn more about inflation here:

https://brainly.com/question/29308595

#SPJ11

To find the average fixed cost when 12 units are produced, we first need to calculate the total fixed cost at this level of production.

From the given total cost function, TC = 151 + 37Q + 202, we know that the total cost consists of a fixed cost component (151 + 202) and a variable cost component (37Q). To find the fixed cost, we can set Q = 0, since fixed costs do not vary with the level of production. Therefore, fixed cost = 151 + 202 = 353. To find the average fixed cost, we divide the fixed cost by the level of production: Average fixed cost = Fixed cost / Quantity Average fixed cost = 353 / 12 Average fixed cost = 29.42 So, the average fixed cost when 12 units are produced is $29.42 (rounded to two decimal places).

To know more about fixed cost click here:

brainly.com/question/30011394

#SPJ11

The characteristic of a marketing objective that allows a marketer to understand if their strategies are working is measurability.

Measurable marketing objectives have clear, specific, and quantifiable goals that can be tracked and evaluated over time. This allows marketers to determine whether their strategies are effective and make any necessary adjustments to their campaigns. Measurable objectives can be evaluated through various metrics, such as sales figures, website traffic, customer engagement, and social media engagement.

By setting measurable objectives, marketers can more effectively assess their progress and make data-driven decisions that lead to better business outcomes.

You can learn more about marketing objective at

https://brainly.com/question/25754149

#SPJ11

The given statement "Trade credit is credit extended to the buyer by the seller. It is entered in the buyer's books as an account receivable." is true because trade credit is a form of credit provided by the seller to the buyer, allowing the buyer to delay payment for goods or services received.

This credit is recorded in the buyer's books as an account receivable, representing the amount owed to the seller.

Trade credit is an important aspect of many businesses, allowing them to maintain positive relationships with suppliers and manage their cash flow effectively. It is often used as a short-term financing tool, allowing buyers to purchase goods or services on credit while they await payment from their own customers.

Trade credit can also help to reduce the administrative costs associated with traditional forms of credit, such as loans or lines of credit. Overall, trade credit plays an important role in the financial health of many businesses.

For more questions like Businesses click the link below:

https://brainly.com/question/15826604

#SPJ11

Trade credit is credit extended to the buyer by the seller. It is entered in the buyer's books as an account receivable. True or False.

Answer:

True

Explanation:

400,000 people are seriously injured in car crashes each year.