Cook builders pays its workers every two weeks. as of december 31 of year 1, workers have earned wages of $9,000 for which they have not yet been paid; they will not be paid these wages until january of next year. the correct adjusting entry was made. on january 5 of year 2, cook builders paid total wages to the employees of $15,000, of which $9,000 related to work performed last year. which one of the following is included in the journal entry necessary on january 5 of year 2 to record the payment of $15,000 in cash?

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.

Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.) present value investment x $ investment y

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.