Answer:
A) buys bonds from the public, which increases the money supply.
B) it should sell bonds, this would decrease money supply & achieve increase in interest rates
Explanation:
<u>Open Market Operations [OMO]</u> refers to purchase & sale of government securities (bonds) in open market.
- To <u>increase money supply </u>in Economy : Federal reserve <u>purchase </u>government securities in OMO, implies that cash liquidity against this purchase increases in hands of public. This increased liquid cash with public increase money supply in the economy.
- To <u>increase interest rate</u> in Economy: Federal markets <u>sale </u>of government securities in OMO, implies that cash liquidity against this sale decreases in hands of public. This decreased liquid cash, money supply leads to increase in interest rates.
Based on the information provided:
Gross income is $486,000
Fixed expenses: $300,000
Variable expenses: $150,000
To find the percentage of gross profit first figure out the difference between the gross income and expenses which is: $486,000 - $300,000 - $150,000 = $36,000 then divide the gross income by the profit 486,000/36,000 and the answer is 13.5%.
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:
The correct answer is letter "B": Congratulations! We would like to offer you the position of senior analyst.
Explanation:
Direct writing implies providing relevant information at first and additional details at the end. This is to avoid misinterpretation of the message and to avoid running in circles before giving the audience news that can be of interest. Direct writing must be objective and avoid exuberance. Thus, the phrase:
<em>Congratulations! We would like to offer you the position of senior analyst.</em>
Meets the direct writing criteria since it straight provides the information the reader was waiting for -being accepted or not for the senior analyst position.
