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3 years ago

M1 is comprised of currency held outside banks + traveler’s checks + __________.

1 answer:

5 0

<span>M1 is comprised of currency held outside banks + traveler’s checks + Checkable Deposits
Checkable deposits are a bank account which contain the amount of fund that you could use to write a check. In most cases, as long as the amount is sufficient, there is no restriction or limitation for this account</span>

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According to ___, self-interest and competition act as ____ guiding firms in a market-based economy.

Nat2105 [25]

Adam Smith, and Invisible hand. hope this helps!

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3 years ago

Read 2 more answers

Sodium Inc. borrowed $175,000 on April 1. The note requires interest at 12% and principal to be paid in one year. How much inter

Oksanka [162]

Answer:

The amount of interest that is recognized for the period from April 1 to December 31 is $15,750

Explanation:

According to the given data we have the following:

interest=12%

From April 1 to December 31 we have 9 months

Sodium Inc. borrowed $175,000

Therefore, in order to calculate the amount of interest that is recognized for the period from April 1 to December 31 we would have to make the following calculation:

Interest for 9 months= $175,000 x 12% x 9 months / 12

Interest for 9 months=$15,750

The amount of interest that is recognized for the period from April 1 to December 31 is $15,750

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3 years ago

How many episodes of Seinfeld are there

klio [65]

I think it is 180 :)

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3 years ago

Tony is working with a law enforcement agency to place a wiretap pursuant to a legitimate court order. The wiretap will monitor

qaws [65]

Answer: Passive wiretap

Explanation: passive wiretap is the monitoring or recording of data that attempts only to observe a communication flow and gain knowledge of the data it contains, but does not alter or otherwise affect that flow. Wiretapping is a process in which passive devices are used to monitor or record data that are being transmitted in a line or a loop, Passive wiretapping happens when attackers are trying to obtain users information through the communication channel.

4 0

3 years ago

Franklin Corporation issues $50,000, 10%, 5-year bonds on January 1, for $52,100. Interest is paid semiannually on January 1 and

Karo-lina-s [1.5K]

Answer:

Bond interest expense = $2,290

so correct option is b. $2,290

Explanation:

given data

Bond issued = $50,000

Interest rate = 10%

interest semi-annually = 5%

time period = 5 year

to find out

amount of bond interest expense

solution

we get first Cash interest payment that is here

Cash interest payment = $50,000 × 5%

Cash interest payment = $2,500 ....................1

and Bond premium will be

Bond premium = $52,100 – $50,000

Bond premium = $2,100 .......................2

we know interest paid semi annually so time period will be = 10

so Amortization of bond premium will be here as

Amortization of bond premium = $\frac{2100}{10}$

Amortization of bond premium = $210 .................3

so Bond interest expense will be calculate as

Bond interest expense = Cash interest payment - Amortization of bond premium .......................4

put here value

Bond interest expense = $2,500 - $210

Bond interest expense = $2,290

so correct option is b. $2,290

8 0

4 years ago