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Alexeev081 [22]
3 years ago
15

To satisfy demands for withdrawals, banks keep:

Business
1 answer:
astra-53 [7]3 years ago
6 0
C. balance sheets

explanation:
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What a primary cause of inflation​
lesantik [10]

Excess aggregate demand (AD)

Quick economic growth.

5 0
3 years ago
The Chewbacca Starship Company had the following transactions during the month of December:
Naily [24]

Answer:

The Chewbacca Starship Company

T-accounts:

Cash

Date   Account Titles                 Debit        Credit

Dec. 1 Beginning balance      $73,500

Dec. 31 Salaries expense                        $57,000

Dec. 31 Accounts receivable 265,000

Dec. 31 Accounts payable                       210,000

Accounts receivable

Date   Account Titles           Debit        Credit

Dec. 1 Beginning balance   $60,000

Dec. 31 Sales revenue         154,000

Dec. 31 Cash                                     $265,000

Accounts payable

Date   Account Titles           Debit        Credit

Dec. 1 Beginning balance                  $39,000

Dec. 31 Inventory                               230,000

Dec. 31 Cash                    $210,000

Inventory

Date     Account Titles           Debit        Credit

Dec. 31 Accounts payable   $230,000

Sales revenue

Date     Account Titles           Debit        Credit

Dec. 31 Accounts receivable              $154,000

Salaries Expense

Date     Account Titles           Debit        Credit

Dec. 31 Cash                       $57,000

Explanation:

a) Data and Analysis:

a. Inventory $230,000 Accounts payable $230,000

b. Salaries expense $57,000 Cash $57,000

c. Accounts receivable $154,000 Sales revenue $154,000

d. Cash $365,000 Accounts receivable $265,000

e. Accounts payable $210,000 Cash $210,000

Opening balances:

Cash $73,500

Accounts receivable $60,000

Accounts payable $39,000

3 0
2 years ago
Given the following financial statements for GM, the return on assets is ______ percent? (Write your answer as a percentage, rou
shutvik [7]

Answer: 2

Explanation: see attachment

8 0
3 years ago
A feature of monopoly that leads to unfavorable consequences is that it:
sammy [17]
Generally, prices are inflated when there are fewer choices.  
6 0
3 years ago
Manistee Corporation reported taxable income of $1,200,000 this year and paid federal income taxes of $408,000. Not included in
Nikitich [7]

Answer:

corporation current earning and profits = $737000

Explanation:

given data

taxable income = $1,200,000

paid federal income taxes = $408,000

entertainment expenses = $25,000

tax-exempt interest = $20,000

net capital loss = $50,000

solution

we get here corporation current earning and profits that will be as

corporation current earnings and profits = taxable income - paid federal income taxes - entertainment expenses + tax-exempt interest - net capital loss   ................1

put here value we get

corporation current earning and profits = $1,200,000 - $408,000 -$25,000

+ $20,000 - $50,000

corporation current earning and profits = $737000

4 0
3 years ago
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