Answer:
A) subsidiary ledger
Explanation:
A subsidiary ledger is a group of similar accounts that all together form a general ledger account.
For example, accounts receivable is a general ledger account that is divided into individual accounts for each customer that owes money to the company for goods or services delivered. The sum of all the individual accounts will be the balance of the general accounts receivable.
Answer: Sell bonds
Explanation:
One reason there could be inflation in an economy is the high supply of money in the economy. With a high supply, people would have more money and so would demand more goods and services which would take the prices of those goods and services up thereby causing demand pull inflation.
If the Fed wants to reduce this inflation, they need to reduce the amount of money in the economy. They will do this by selling bonds to the public who will then pay in cash which the Fed will then take out of circulation thereby leading to a lower money supply and theoretically, less inflation.
Answer: Collateral bonds
Explanation: In simple words, collateral or secured bonds refers to the the bonds that have are backed by the security of some financial asset such as any stock or some other bonds which are referred to as collateral.
These collateral assets are held and deposited by the trustee at the discretion of the holders. Generally, the interest rate on these bonds is Lower than the interest rates of normal bonds without collateral as they have an additional security.
In case the company fails to pay to the bonds holders they can pressure the company to sell the asset and make payments to the bondholders. These bonds are issued by strong organisations to some specific individuals.
Answer:
$121
Explanation:
Change in net working capital is calculated as ; Working capital(Current year) minus Working capital (Previous year)
Since we are considering 2019,
•Current assets in 2018 = Cash + accounts receivable + inventory
= 190 + 684 + 918
= $1,792
•Current liabilities in 2018 = Accounts payable + notes payable
= $788 + $306
= $1,094
Working capital(previous year)
= $1,792 - $1,094
= $698
•Current assets in 2019 = Cash + Accounts receivable + inventory
= 190 + 726 + 1,023
= $1,939
•Current liabilities in 2019 = Accounts payable + notes payable
= 818 + 302
= $1,120
Working capital(current year)
= $1,939 - $1,120
= $819
Therefore,
Changes in net working capital
= $819 - $698
= $121