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2 years ago

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A detailed description of the money your business makes and expends every month for the first year is called a(n) A cash-flow st

atement. B income statement. C balance statement. D bank statement.

1 answer:

Oksana_A [137]2 years ago

6 0

Hello there,

A detailed description of the money your business makes and expends every month for the first year is called a(n)

Answer: Cash-flow statement.

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Assets Liabilities and Net Worth Reserves $51 Checkable Deposits $140 Loans 109 Stock Shares 130 Securities 100 Property 10 Refe

erastovalidia [21]

Answer:

$9 billion

Explanation:

Calculation to determine what The commercial banking system has excess reserves of

Using this formula

Excess Reserve= Net Worth Reserves -Required reserve

Let plug in the formula

Excess Reserve=$51 billion - (.30*$140 billion)

Excess Reserve=$51 billion-$42 billion

Excess Reserve=$9 billion

Therefore The commercial banking system has excess reserves of $9 billion

5 0

2 years ago

What is an example of credit? A) A person withdraws money from a bank account using an ATM card. B) A person borrows money from

ahrayia [7]

Answer:

b

Explanation:

An example of credit is when a person borrows money from a finance company to buy a car. Once credit is extended to a person and is used for a purchase, the credit is converted to a debt, and the person has the financial obligation to repay the loan.

7 0

2 years ago

Read 2 more answers

A case on the subject of free speech on the internet comes before a wisconsin state trial court. it is a case of first impressio

ICE Princess25 [194]

Answer: d. survey data from the local community.

Explanation:

In deciding the case the Judge there are methods to use such as cases from other jurisdictions ( as this is a case of first impression), the values of their society and its customs, as well as Public policy.

One thing that should not be used in survey data from the local community. People will always have opinions on a matter of law and a lot of the time this is based on what they feel not what is legal. This is why juries do not just and sentences down immediately, they wait until they have been presented with legal arguments so they may be wiser legally.

Survey data has a very high chance of being devoid of this knowledge and also will be biased. It is best the Judge avoids such.

8 0

2 years ago

Productivity in the United States doubled between 1945 and 1990. However, the work week didn't get shorter because

mel-nik [20]

Answer:

the standard of living increased

Explanation:

Between the years 1948 and 1990, the level of productivity in the United States of America increased tremendously, to the extent that it was in the doubled fold. Consequently, this increase in the level of productivity simply exemplified that, there is a substantial increase in the standard of living for the average American.

Hence, it can be concluded that, in this case, the workweek didn't get shorter because "the standard of living increased."

3 0

2 years ago

Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations a

Finger [1]

Answer:

Tiger Furnishings

The predetermined overhead rate

= $34.30 per direct labor hour

Explanation:

a) Data and Calculations:

Basic Dominator Total

Units produced 950 500 1,450

Machine-hours 3,200 2,400 5,600

Direct labor-hours 2,700 1,100 3,800

Direct materials costs $9,600 $3,900 $13,500

Direct labor costs 63,700 37,700 101,400

Manufacturing overhead costs 130,340

Total costs $245,240

b) Computation of the Predetermined overhead rate

= Total manufacturing overhead costs divided by total direct labor hours

= $130,340/3,800

= $34.30 per direct labor hour

6 0

2 years ago