Identify and explain two reasons why it would be important for Bill to be motivated if he starts

Discuss the following statement: "Real GDP has decreased for two quarters in a row; we definitely are living through a contracti

wlad13 [49]

Answer:

d

Explanation:

because it is declined i think

6 0

3 years ago

If a local bank decides to convert some of its U.S. Treasury securities into cash, which it will hold in its vault, reserves wil

ankoles [38]

Answer:

B. increase; stay the same; stay the same

Explanation:

Bank reserves are compulsory deposits by the banks that they are required to not loan out( they are kept in the vault). Therefore, when a local bank decides to convert some of its U.S. Treasury securities into cash, this is an increase in assets. Since the cash is held in its vault, reserves will increase, liabilities will not be affected and owner’s equity will also not be affected. Therefore, the correct answer is B.

7 0

3 years ago

The production possibilities curves suggest that:A) West Mudville should specialize in, and export, baseball bats.B) workers wil

11Alexandr11 [23.1K]

Answer:

A is the correct option.

Explanation:

West Mudville should specialize in and export baseball bats.

Production possibility curve illustrates the amount of two different goods which can be produced when there is fixed availability of a resource which both the items use for manufacture. In PPC it is assumed that the production will be optimally efficient. It is known as transformation curve. In macroeconomics it represent the point where country's economy is most efficiently producing goods and services, hence allocating the resources in the best way.

3 0

3 years ago

The following selected transaction were completed by gourmet company during January of the current year:

Eduardwww [97]

Answer:

January 1.

Merchandise $65,000 (debit)

Accounts Payable - ALMIS Co. $65,000 (credit)

January 2.

Merchandise $65,000 (debit)

Freight Charges Paid in Advance $650 (debit)

Accounts Payable - AlFA. Co. $65,000 (credit)

Cash $650 (credit)

January 3.

Merchandise $91,000 (debit)

Accounts Payable - fogel Co. $91,000 (credit)

January 4.

Accounts Payable - fogel Co. $7,000 (debit)

Merchandise $7,000 (credit)

January 5.

Accounts Payable - AlFA. Co. $65,000 (credit)

Discount Received $1,300 (credit)

Cash $63,700 (credit)

January 6.

Accounts Payable - fogel Co. $84,000 (credit)

Discount Received $1,600 (credit)

Cash $82,400 (credit)

January 7.

Merchandise $82,900 (debit)

Freight $750 (debit)

Accounts Payable - u I trust Co. $82,900 (credit)

Accounts Payable - Carrier Service Provider $750 (credit)

January 19

Accounts Payable - Carrier Service Provider $750 (debit)

Cash $750 (credit)

January 9

Merchandise $10,000 (debit)

Accounts Payable - Lenn Co. $10,000 (credit)

January 10

Accounts Payable - Lenn Co. $10,000 (credit)

Discount Received $100 (credit)

Cash $9,900 (credit)

January 31

Accounts Payable - u I trust Co. $82,900 (debit)

Cash $82,900 (credit)

Explanation:

When Merchandise is Purchased on Account, Recognize the Assets of Merchandise and Recognize the Liability owing to the Supplier.

When Merchandise is finally paid for, De-recognize the Liability owing to the supplier (less discount applicable) and also De-recognize the Assets of Cash.

4 0

3 years ago

In an establishment that serves alcohol for on premise consumption and gets less than 50% of its gross receipts from alcohol sal

KATRIN_1 [288]

Answer:

A. True

Explanation:

As we know that the license is been provided that serves alcohol for on-premise consumption and gets less than 50% of its gross receipts from alcohol sales, a cashier can be less than 18 years as well, according to the establishment. The establishment clearly mentions that it acquires less than 50 percent of its total receipts and a cashier can be less than 18 years. The given statements are true.

7 0

4 years ago