In the market for loanable funds, suppose the current interest rate is 5%. At a rate of 5%, investors wish to borrow $100 million and savers wish to save $125 million. We would expect: a the interest rate to fall as there is currently a surplus of loanable funds. b the interest rate to rise as there is currently a shortage of loanable funds. c the interest rate to remain the same as the loanable funds market is in equilibrium. d the interest rate to rise as there is currently a surplus of loanable funds. e the interest rate to fall as there is currently a shortage of loanable funds.

The questions of economics address which of the following ? check all that apply

Double corporation acquired all of the common stock of simple company for

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)