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2 years ago

Credit unions are not subject to federal regulations. T/F

Business

2 answers:

pentagon [3]2 years ago

7 0

Answer:

The answer is False. (Apex)

Explanation:

Jet001 [13]2 years ago

3 0

I actually believe that this would be false. I believe that it would be the " Federally<span> chartered" would would be subjected in this case of the Credit unions.</span>

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True or false. An income statement provides investors with a report of a firm’s profitability over a specific period of time.

Tpy6a [65]

false is the answer.

6 0

3 years ago

Geraldine Parker, the owner of Gi Grs Dance Studio, Inc., started the business by investing $10,000 cash and donating a building

lesantik [10]

Answer:

The correct option is B,common stock 30,000 cash 10,000 and building 20,000

Explanation:

Geraldine Parker's contributions to the business -that is both cash and building are seen as his capital invested in the business.Invariably, it is assumed the new business owes Geraldine Parker the worth of resources invested

Appropriate double entries for the transaction are shown below

Dr Cash $10000

Dr Building $20000

Cr Capital $30000

This is the capital as at the start of the business,it is also possible that Geraldine Parker contributes additional capital which adds to existing capital.

Also,the profits made increases the stake of the owner in the business and drawings should e deducted from the capital in case the owner withdraws cash or goods from the business.

6 0

2 years ago

A monopoly's cost function is CQ and its the demand for its product is pQ where Q is output, p is price, and C is the total c

Elan Coil [88]

Answer:

The answer is "70 units".

Explanation:

In the given question some equation is missing which can be defined as follows:

$C = 1.5Q^2+40Q\\\\P=320-0.5Q$

Monopolistic functions are used where Marginal Profit = Marginal Cost where marginal revenue and marginal cost stand for the MR and MC.

Finding the value of MR :

$\ MR = \frac{\partial TR}{\partial Q} \\\\$

$= \frac{\partial PQ}{\partial Q} \\\\= \frac{\partial (320-0.5Q)Q}{\partial Q}$

$= \frac{\partial (320Q -0.5Q^2)}{\partial Q}\\\\ = \frac{\partial Q (320 -0.5Q)}{\partial Q}\\\\ \ by \ solving \ we \ get \\\\ = 320 - Q...(1)$

Calculating the value of the MC:

$MC = \frac{\partial TC}{\partial Q} \\$

$=\frac{\partial (1.5Q^2 + 40Q)}{\partial Q} \\\\=\frac{\partial Q (1.5Q + 40)}{\partial Q}\\\\ \ by \ solve \ value \\\\ = 3Q + 40....(2)$

compare the above equation (i) and (ii):

$\to 320 -Q = 3Q+40\\\\\to 320 -40 = 3Q+ Q\\\\\to 280 = 4Q\\\\\to 4Q =280 \\\\\to Q= \frac{280}{4}\\\\\to Q= 70 \\$

8 0

2 years ago

Which of the following depicts the proper sequence of steps in the accounting cycle?

ycow [4]

Answer:

Option D. Prepare a trial balance, prepare adjusting entries, prepare financial statements

Explanation:

The accounting cycle sequence is given as under:

Analyzing the business
Journalize the Transactions
Post to Ledger Accounts
Prepare a Trial Balance
Posting adjusting entries and Preparing an adjusted trial balance
Preparing the financial statements
Journalize and post closing entries
Prepare a post closing trial balance and financial statement

So we can see that the three steps highlighted above are the sequence shown in the option D. Hence option D is correct.

5 0

2 years ago

If the demand and supply curves for product X are stable, a goverment mandated increase in the price of X will:_______

shepuryov [24]

Answer: C. . increase the quantity supplied of X and decrease the quantity demanded of X.

Explanation:

If the demand and supply curves for product X are stable, a goverment mandated increase in the price of X will result into the increase the quantity supplied of X and decrease the quantity demanded of X.

This is because when there is a rise in price, the suppliers will be willing to supply more while the consumers will demand less of the product.

4 0

2 years ago