Answer:
a. 25 b. 7 c. 6 d. 4. e. 3
Explanation:
Money Multiplier = 1/Reserve ratio
A. At 4% reserve ratio
Money Multiplier = 1/0.04
Money Multiplier = 25
B. At 12% reserve ratio
Money Multiplier = 1/0.12
Money Multiplier = 6.67
Money Multiplier = 7
C. At 18% reserve ratio
Money Multiplier = 1/0.18
Money Multiplier = 5.56
Money Multiplier = 6
D. At 26% reserve ratio
Money Multiplier = 1/0.26
Money Multiplier = 3.85
Money Multiplier = 4
E. At 30% reserve ratio
Money Multiplier = 1/0.3
Money Multiplier = 3.33
Money Multiplier = 3
Answer:
The accounts receivable amount expected to be collected after the write-off entry was $390,500.
Explanation:
Account Receivable Balance = $423,000
Less: Allowance Account Balance = $32,500
New Account Receivable Balance = $390,500
Since the write off entry was not made and there is an account for allowance of uncollectible account so at that the entry was made as follows:
Debit: Account Receivable $32,500
Credit: Uncollectible account expense $32,500
To record uncollectible expense.
Since we are certain that $32,500 will not received and recorded as bad debt so we simply deduct this amount from account receivable balance to derive new balance as shown above.
Answer:
A discretionary fiscal policy.
Explanation:
A discretionary fiscal policy is a policy guideline out in place by Government with the aim of either shrinking or expanding the economy. This kind of policy is usually associated with either an increase or decrease in the tax rates or levels which will increase government revenue or decrease in government revenue or be focused on increasing or decreasing government spendings on the economy either through increasing or decreasing investment in infrastructures etc
Answer: The correct answer is empathy!
Explanation:
She put herself in the customers shoes and voiced that she was understanding. She was also patient but they emphasized how considerate she was in the example, so empathy is the answer ;)
The price of a firm is equal to its marginal cost in both the short and long run. In both the short and long run, price equals marginal revenue. Firms should increase output as long as marginal revenue exceeds marginal cost, and reduce output if marginal revenue is less than marginal cost.
Revenue is the gross income derived from the sale of goods and services related to the company's main activities. Commercial income is also called sales or earnings. Some companies derive their income from interest, royalties, or other fees.
Revenue is the gross income a business generates from its core business, such as sales of products and services, property rentals, regular payments and interest on loans. Sales are calculated before deducting costs such as discounts and returns.
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