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3 years ago

Which of the following statements about the relationship between the financial market and the economy is true?

Business

2 answers:

Crazy boy [7]3 years ago

8 0

Answer:

A) The financial market helps the economy grow.

Explanation:

There is positive relationship between financial markets and economic growth. Financial markets help to direct investments from small individual investors into larger corporations that use those funds to produce goods ad services.

When the economy is flourishing, the financial markets are also flourishing. When the financial markets start to fall, the whole economy will soon follow.

azamat3 years ago

7 0

I believe the answer is b. However I'm not quite sure. I think b would be the most reasonable answer.

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g Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding

FromTheMoon [43]

Answer:

Total equivalent unit of material = 140,000 units

Explanation:

Equivalent units are used to apportion cost between completed units and work in progress. They represent notional whole units which represent incomplete work.

Under the first in first method , to account for completed units during a production period the opening inventory units are assumed to completed first before newly the newly introduced units.

So we can work out the equivalents units as follows:

Fully worked units :These represent units started this period of production and completed in the same period. This is given as 110,000 units

Equivalent units (EU)

Item unit Workings EU

Opening inventory 25,000 0% × 25,000 = 0

Fully worked 110,000 100% × 110,000 = 110,000

Closing inventory 30,000 100%× 30,000 = 30,000

Total equivalent unit of material 140,000

Note that for the opening inventory already 100% material work has been done the preceding period , so there wont be any work left to be done in respect of materials.

5 0

3 years ago

Sol purchased land as an investment on February 12, 2018 for $85,000. On January 31, 2019, Sol sold the land for $90,000 cash. W

photoshop1234 [79]

Answer:

c)Short term capital gain.

Explanation:

Since in the question it is mentioned that the land is purchased by Sol as on Feb 12,2018 for $85,000 and the land was sold by Sol as on Jan 31, 2019 for $90,000 in cash

So as we can see the difference in the purchase date and sale date would be less than one year and the transactions related to the capital assets would be termed as capital gain

Since it is less than one year so it is a short term capital gain

Hence, the correct option is c.

7 0

3 years ago

Akers Company sold bonds on July 1, 20X1, with a face value of $100,000. These bonds are due in 10 years. The stated annual inte

Taya2010 [7]

Answer:

$76,620.83

Explanation:

According to the scenario, computation of the given data are as follows

Future Value (FV) = $100,000

Rate of interest = 10% yearly

Rate of interest (Rate) = 10%÷ 2 = 5% semiannually

Number of period (Nper) = 9 × 2 = 18

Face value = $100,000

Payment (pmt) = $100,000 × (6%÷2) = $3,000

By putting the value in excel present value formula, we get,

PV = $76,620.83

Attachment is attached below

6 0

3 years ago

Match each item with a statement below. 1. Defines roles and responsibilities for information security 2. Too risky for most bus

ValentinkaMS [17]

Answer:

1 and 6, 3 and 4, 8 and 9, 2 and 7

Explanation:

1 and 6: For developing IR policy, roles and responsibilities for informatino security must be clearly defined

3 and 4: a single trainer working with multiple trainees is trainees receiving presentation

8 and 9: An online resource for IR can serve as a training case for staff

2 and 7: an unsual pattern in a system log can be risky for the business

3 0

3 years ago

Read 2 more answers

Cynthia hamilton is launching a chain of smoothie restaurants. among cynthia's key partners will be firms that provide her the i

Ivan

The answer is suppliers

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2 years ago