Answer: C) dynamic; defensive
Explanation:
There are two types of open market operations: dynamic open market operations are intended to change the level of reserves and the monetary base, and defensive open market operations are intended to offset movements in other factors that affect the monetary base.
These are the open market operations.
Open market operations are the primary means of implementing monetary policies where Government controls the supply of money in an economy. Here the Government controls the liquidity of banks, interest rates, inflation rates and exchange rates.
A) This is an example of how objectively undefinable needs are.
Answer:
6300
Explanation:
Net income is the amount of income remaining after payments have been made. So sum up all receipt and subtract all payments to get net income
Answer:
$48,000
Explanation:
The computation of the amount that should be reported as its allowance for doubtful accounts is shown below
= Ending balance of account receivable × uncollectible percentage
= $960,000 × 0.05
= $48,000
hence, the amount that should be reported as its allowance for doubtful accounts is $48,000
The above formula should be applied
