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2 years ago

Dan saves a portion of his income in an interest-earning account. in the loanable funds market, dan is:________

Business

1 answer:

AlexFokin [52]2 years ago

3 0

Answer:

Dan is the "supplier" of the funds

Explanation:

Given their willingness to lend their money, savers in this marketplace are on the supply side of the economy.

What is the loanable fund market?

The market that connects savers and borrowers is the loanable funds market.

Model of the market for loanable money

To make what occurs in the economy when borrowers and savers interact more understandable, the loanable funds market model is utilized. A modification to the market model for commodities and services is the market model for loanable funds. In this hypothetical scenario, the exchange of money takes the place of a good and the interest rate replaces the price. In essence, it describes how loans are made and borrowed money is exchanged between borrowers and lenders.

To know more about the loanable fund market visit:- brainly.com/question/15851247

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Answer:

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3 years ago

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On April 12, Hong Company agrees to accept a 60-day, 10%, $5,900 note from Indigo Company to extend the due date on an overdue a

frutty [35]

Answer and Explanation:

The Journal entry is here below:-

Accounts Payable Dr, $5,900

To Notes payable $5900

(Being the note payable is recorded)

we are debited the accounts payable as it decreased the liabilities and we credited the notes payable as it increased the liabilities in order to do the correct journalizing and posting

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3 years ago

Whitmer Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.05 direct labo

sweet [91]

Answer:

Total cost= $4,278

Explanation:

Giving the following information:

Each unit of output requires 0.05 direct labor-hours. The direct labor rate is $9.20 per direct labor-hour. The production budget calls for producing 4,400 units in February and 4,900 units in March.

Production in hours:

February= 0.05*4,400= 220 hours

March= 0.05*4,900= 245 hours

Total cost= 220*9.20 + 245*9.2= $4,278

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3 years ago

"Chang is the art director at Idlewild Graphic Design. The firm recently acquired a new client, Palomino Film Productions. They

Marina86 [1]

Answer:

Democratic leadership

Explanation:

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Therefore according to the given situation, Chang meets with his whole team who is a specialist team in designing and find out the ideas for which they implement on the project. Designers bring concepts with them and everybody votes. So this style of Chang is called Democratic leadership.

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3 years ago

In the following example, the proposed debt issue would raise $4,000,000; the interest rate would be 10%. In addition, the EBIT

topjm [15]

Answer:

$1.67

Explanation:

The computation of the increase in earning per share is shown below:

But before that first we need to find out the current and proposed earning

per share

Particulars Current Proposed

<u>Number of shares $400,000 $240,000 (a) </u>

EBIT $2,000,000 $2,000,000

Less:

Interest $400,000

($4,000,000 ×0.10)

EBT $2,000,000 $1,600,000

Less

Taxes $0 $0

Net income $2,000,000 $1,600,000 (b)

EPS $5 $6.67 (a ÷ b)

Increase in EPS

= $6.67 - $5

= $1.67

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3 years ago