Wood Company uses the gross method and a perpetual inventory system. Assuming the following entries, compute the amount that Wood Company received on March 14. March 3 Sold goods costing $3,000 to Brown Company on account, $5,000, terms 1/10, n/30. The goods are shipped FOB Shipping Point, Freight Prepaid by Seller, $280. March 9 Brown Company returned undamaged merchandise previously purchased on account, $300. March 14 Received the amount due from Brown Company.

Answer the questions about keynesian theory, market economics, and government policy. keynes believed that there were "sticky" wages and that recessions are caused by increases in prices. decreases in supply. decreases in aggregate demand (ad). increases in unemployment. keynes believed the government should increase ad through increased government spending, but not tax cuts. control wages to increase employment because of sticky wages. increase employment through tax cuts only. increase as through tax cuts. increase ad through either increased government spending or tax cuts. intervene when individual markets fail by controlling prices and production.