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makkiz [27]
3 years ago
13

the gdp of a country hasn’t improved in the past three years. the central bank decided to take a measure that will increase the

amount of money people spend on goods and services. which step should the central bank take? increase interest rates reduce interest rates increase taxes increase the required reserve ratio increase the price of goods and services
Business
2 answers:
Brut [27]3 years ago
7 0
Generally, the Central Bank will reduce the interest rate to allow banks to lend money at a lower rate, thus infusing the macro-economy with funding on medium to large ticket items.
vlabodo [156]3 years ago
7 0

Answer:

reduce interest rates

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Record the following process costing transactions in the general journal:
Ne4ueva [31]

Answer:

a.

Raw Materials $9,300 (debit)

Account Payable $9,300 (credit)

b.

Assembly Department  $4,300 (debit)

Finishing Department $2,400 (debit)

Raw Materials $6,700 (credit)

c.

WIP Inventory-Assembly $10,500 (debit)

Cash $10,500 (credit)

d.

Overheads $12,100 (debit)

Property taxes-plant: Payable $1, 800 (credit)

Utilities-plant : Payable $4, 800 (credit)

Insurance-plant : Payable, $1, 700 (credit)

Provision for Depreciation-plant, $3, 800 (credit)

e.

Work In Process -  Assembly Department $7,600 (debit)

Direct labor, $5, 000 (credit)

Manufacturing overhead, $2, 600 (credit)

f.

Work In Process -  Finishing Department $11,300 (debit)

Direct labor, $4,700 (credit)

Manufacturing overhead, $6,600 (credit)

g.

Finishing Department, $10,500 (debit)

Assembly Department $10,500 (credit)

h.

Finished Goods Inventory $15,600 (debit)

Finishing Department $15,600 (credit)

Explanation:

Manufacturing costs accumulate in the Work In Process Account of their respective departments.

When goods are transferred out of the Assembly Department to the Finishing Department, de-recognize the cost from Assembly Department (credit) and recognized the cost in Finishing Department (debit).

When cost of goods completed are transferred out of the Finishing Department into Finished Goods Inventory, we de-recognize the cost from  Finishing Department and recognize it in the Finished Goods Inventory.

5 0
3 years ago
Mortgage loan originator Carol is in a hurry to leave on her vacation, and she leaves a customer's file that contains his Social
WARRIOR [948]

Answer: Fair and Accurate Credit Transaction Act

Explanation:

From the question, we are informed that Mortgage loan originator Carol is in a hurry to leave on her vacation, and she leaves a customer's file that contains his Social Security number and bank account numbers on her desk.

Carol is violating the Fair and Accurate Credit Transaction Act. The Act was put in place to detect and also hinder Identity theft.

7 0
3 years ago
Which transitional word or phrase would most efficiently increase the cohesiveness of the following sentences?
Yanka [14]

Answer:

however

Explanation:

The best of the transitional word or phrase would most efficiently increase the cohesiveness of the following sentences is ''however''

"The company recorded a 11 percent increase in domestic profits, however the company has not been able to establish much demand in foreign countries."

It shows that although the company is doing well domestically by growing its profits, it has not been able to do so internationally.

4 0
2 years ago
A summary of cash flows for Adventure Travel Service for the year ended April 30, 2019, follows:
zalisa [80]

Answer:

<u>Adventure Travel Service</u>

<u>Statement of cash flows for the year ended April 30, 2019</u>

<u>Cash flow from Operating Activities</u>

Cash receipts from customers                                 $2,080,000

Cash payments for operating expenses                 ($1,706,000)

Net Cash from Operating Activities                            $374,000

<u>Cash flow from Investing Activities</u>

Purchase of land                                                        ($400,000)

Net Cash from Investing Activities                            ($400,000)

<u>Cash flow from Financing Activities</u>

Cash receipt from owner as investment                      $60,000

Drawings                                                                       ($40,000)

Net Cash from Financing Activities                              $20,000

Movement in Cash and Cash Equivalents                   ($6,000)

Beginning Cash and Cash Equivalents                      $203,000

Ending Cash and Cash Equivalents                            $197,000

Explanation:

The Statement of Cash flows shows the results of cash from the following sources : Cashflow from Operating Activities, Cashflow from Investing Activities and Cashflow from Financing Activities.

4 0
2 years ago
List the four steps in the response model for answering behavioral interview questions.
ad-work [718]
One technique in answering behavior interview questions is STAR where S makes for specific situation, T for task, A for action and R for result. SImple but efficient procedure
Thank you for your question. Please don't hesitate to ask in Brainly your queries. 
7 0
3 years ago
Read 2 more answers
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