Answer:
The answer is: B) His credit rating is poor because of his late payments
Explanation:
To have a good credit rating is extremely important for anyone trying to get a loan. Borrowers with good credit rating usually get lower interest rates and larger amounts. It is very important to pay your debt on time, or else your credit rating will suffer. If a person has a bad credit rating, banks will charge them higher interest rate and loan them smaller amounts of money. If your credit rating is too low, the bank might even reject your loan application.
Answer:
b
Explanation:
im bored but that the answer dawg
Answer:
b. The Federal Reserve was established by the U.S. Constitution in the late 1700s. FALSE.
There is no mention of the Federal Reserve or an institution like it in the Constitution which is why establishing a national bank faced so much opposition for years until the Federal Reserve Structure was put in place.
c. The national objectives of the Federal Reserve include promoting economic growth, full employment, stable prices, and moderate interest rates. TRUE
The Fed aims to improve the economy of the United States by bringing about growth, full employment and stable prices as well as moderate interest rates.
d. All Federal Reserve actions are subject to veto by the executive branch. FALSE.
The FED is independent of the Executive branch which means that it is not subject to vetos from it. They do however work together to ensure economic stability.
e. The Federal Reserve determines monetary policy in the United States. TRUE.
As the central banking system of the United States, the Fed determines the monetary policy of the U.S.
f. The Federal Reserve was created by the Federal Reserve Act of 1913. TRUE.
The Federal Reserve was created by an Act of Congress called the Federal Reserve Act in 1913 whereupon it was signed into law by President Woodrow Wilson.
Answer:
SITUATION 1 2
a) Income tax payable currently. $14,000 $30,000
b) Deferred tax asset - balance at year-end. $1,800 $4,600
c) Deferred tax asset change dr or (cr) for the year. $800 $0
d) Deferred tax liability - balance at year-end. $0 -$1,800
e) Deferred tax liability change dr or (cr) for the year. $0 -$800
f) Income tax expense for the year. $13,200 $30,800
Explanation:
Note: See the attached excel file for all the calculations of all the answers a to f above.
Answer:
where is it??????????????