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3 years ago

What, if anything, should you do to correct the following sentence?

Business

2 answers:

kodGreya [7K]3 years ago

5 0

Nothing. The sentence is fine as it is.

Effectus [21]3 years ago

5 0

This sentence is perfectly fine as it is. Any change here would be unnecessary and in some cases improper grammar wise! =)

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Which of the following is most likely missing from your financial plan if you are not prepared for an emergency? a. financing b.

suter [353]

I believe the answer is: Savings

When you experience a sudden emergency without preparation, you would most likely take out some percentage of money from your life savings to survive the crisis.To prevent this, most people decided to set aside an emergency fund at their banks or covered their risk by buying insurances.

6 0

3 years ago

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Samson, Inc. had the following balances and transactions during 2019: Beginning Merchandise Inventory 10 units at $ 94 March 10

lubasha [3.4K]

Answer:

The answer is attached;

Explanation:

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3 years ago

In an open-market operation, the Fed buys $10 million of government bonds from individual investors. If the required reserve rat

Fittoniya [83]

Answer:

$100 million ; $10 million

Explanation:

Required reserve ratio (r) = 10%

Worth of bond = $10,000,000

The smallest increase can be thought of as being the $10million generated from open market operation and could be held by the bank as reserve.

To calculate the largest increase in deposit:

Money multiplier * deposit (worth of bond)

Money multiplier = (1 / reserve ratio)

Money multiplier = (1 / 0.1) = 10

Increase in deposit = 10 * $10,000,000 = $100,000,000 ( $100 million)

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3 years ago

Although several bulbs have burned out on the movie buff theater's sign at the entrance and the letters are not completely forme

andre [41]

Based on the scenario, the gestalt principle that best accounts for this phenomenon of which Caleb can still read the announcement despite of the fact that the letters are not completely formed is because of the gestalt principle of closure. This law explains of how an individual could see incomplete objects because of how perception fills the visual gap of an individual.

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3 years ago

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Open a general journal for the City of Monroe Community Foundation Trust Fund and record the following transactions for the year

ICE Princess25 [194]

Answer:

The beginning part of the question is found below:

The City of Monroe Scholarship Foundation private-purpose trust fund had the following account balances on January 1, 2017:

Debits Credits

Cash $49,500

Accrued Interest Receivable $7,500

Investments in Corporate Bonds $750,000

Net Assets Held in Trust $807,000

Totals $ 807,000 $ 807,000

Find below the necessary journal entries in the explanation section:

Explanation:

The interest received =6%*$750,000*6/12=$22,500

Dr Cash $22,500

Cr Interest income(balance) $15,000

Cr Accrued interest receivable $7,500

Additional funds of $205,500 received:

Dr Cash $205,500

Cr donation income $205,500

the investment of $200,000 in corporation stock

Dr investment in corporation stocks $200,000

Cr Cash $200,000

receipt of half of the year annual interest on bonds(as calculated above at $22,500)

Dr cash $22,500

Cr Interest income $22,500

cash is debited when there is an inflow and credited in case of outflows

The investment account is debited because it is an asset

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3 years ago