Answer:
Explanation:
When money is said to be accessible, it means that the owner can get to it quickly and easily. This means that the money is very liquid and so can be used in times of emergency.
Examples of accessible money include physical cash, short term investments and checkable deposits at banks. The owners can access these easily and quickly because they either have the money, can sell the investments pretty quickly to get money or can simply withdraw the money from their bank accounts.
Answer:
$412,500
Explanation:
March
Cash receipts from sales on account for April = $400,000 * 75%
Cash receipts = $300,000
April
Cash receipts from sales on account for April = $450,000 * 25%
Cash receipts = $112,500
Total Cash receipts = Cash receipts from sales on account from March + Cash receipts from sales on account from April
Total Cash receipts = $300,000 + $112,500
Total Cash receipts = $412,500
The government has antitrust laws, which increase competition and offer patents which decrease competition. An antitrust law is a law that is bound by the federal and state government that is used to promote fair competition for consumer benefits. These laws came about so that different businesses couldn't make agreements with others to limit competition. A patent gives the rights to one person or company to be in charge of using or selling a specific item.