Answer:
Yerbury Journal. $
Feb 2
Investment Wrong Dr 106,000
Brokerage Expenses Dr 110
Cash. CR. 106110
Purchase of Wrong share by cash
Mar 6
Cash Dr. 1590
Dividend Cr. 1590
Dividend received from Wrong
June 7
Investment Wrong Dr 31200
Brokerage Expenses Dr 120
Cash Cr. 31320
Purchase share from Wrong by cash
June 26
Cash Dr. 210,000
Investment Cr. 124,200
Profit Cr 85800
Sales of 5300 and 700 shares purchased from Wrong at$20&$26 respectively.
June 26
Brokerage exp Dr. 100
Cash. CR. 100
Brokerage paid on sales of Wrong shares
Sept 20
Cash Dr. 520
Dividend Cr. 520
Dividend received on share
Explanation:
Answer:
C. efficient economies make capital accumulation unnecessary.
Explanation:
Hypotheses is the explanation behind any phenomenon or theory. When there is a study of correlation between factor accumulation and production efficiency, the established and efficient economies can best depict such relation.
For this, efficient economies do make the capital accumulation necessary.
With the the statement "C" is clearly not correct. As the theory can be best explained through studies on efficient economies.
Answer:
1) Largest possible increase is $100 million
2) Smallest possible increase is $10 million
Explanation:
1) In order to find the largest possible increase in the money supply we need to find the money multiplier. The formula for money multiplier is 1/reserve ratio so the money multiplier is 1/0.1= 10. So if the fed conducts an open market purchase of $10 million the maximum amount that the money supply can increase is million * multiplier = 10 million *10 = $100 million, however this will only be the case if the bank decides to keep 0 excess reserves, if the bank decides to keep any excess reserves the money supply increase will be less than a $100 million.
2) The lowest amount that the money supply can increase by is $10 million because if the bank decides to keep all of this money in reserve and loan none of this than the money supply will only increase by $10 million.
Answer: Sales to unaffiliated customers and intersegment sales
Explanation:
A segment refers to a business component of a business which generates its own revenues.
Revenue of a segment includes the sales to unaffiliated customers and intersegment sales. Therefore, the correct option is B.
Answer: expectancy, instrumentality and valence
Explanation: These three elements can be explained as follows :-
1. Expectancy refers to the probability that the activity one is going to perform will eventually lead to good performance.
2. The belief that there is a connection between the activity be performed and the goal that is one willing to achieving is called instrumentality.
3. The degree to which the potential reward from success are valued is called valence.