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Naya [18.7K]
3 years ago
12

How did the long sunday holiday contribute to the collapse? check all of the boxes that apply. stockbrokers who still had profit

s on their books were afraid that their profits would disappear. stockbrokers who had losses were afraid that those losses might get larger. bankers had a chance to create a pool of money to support the market. investors decided to get out of the market?
Business
2 answers:
Bumek [7]3 years ago
3 0
Stockbrokers who still had profits on their books were afraid that their profits would disappear.

Stockbrokers who had losses were afraid that those losses might get larger.

Investors decided to get out of the market. 

allsm [11]3 years ago
3 0

The answer is:

Stockbrokers who still had profits on their books were afraid that their profits would disappear.

Stockbrokers who had losses were afraid that those losses might get larger.

Investors decided to get out of the market. 


The stock market closed on weekends. So, when these overwhelming fear build up among investors over the weekend, the majority of investors in the market decided to quickly get out of the market by the time it reach monday. This make the capital in the market taken out too rapidly and contribute to the colapse.

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Prepare a December 31, 2020, balance sheet for Long Print Shop from the following: cash, $50,000; accounts payable, $38,000; mer
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Answer:

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         <u>Balance sheet for the year ended December 31, 2020</u>

                                                         Amount in $                       Amount in $

<u>Assets</u>

<u>Non-current asset</u>

Equipment                                                                                     20,000

<u>Current assets</u>

Merchandise inventory                      14,000

Cash                                                     50,000

Total current asset                                                                        <u>64,000</u>

Total assets                                                                                  <u>84,000</u>

<u>Liabiities</u>

Accounts payable                                                                         <u>38,000</u>

Total liabilities                                                                             <u> 38,000</u>

<u>Equity</u>

Capital                                                                                            <u>46,000</u>

Total equity                                                                                   <u>46,000</u>

Total liabilities and equity                                                            <u>84,000</u>

Explanation:

The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity. This may be expressed mathematically as

Assets = Liabilities + Equity

While assets include fixed assets, cash, inventories, account receivables etc, liabilities include accounts payable, loans payable, accrued expenses etc.

Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.

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Employment cost index.

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Answer:

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Based on the scenario being described within the question it can be said that the only action that may not be taken would be for Ariana to file a lawsuit against the corporation for damages. This mainly because the corporation is not responsible for any damages that may be incurred since Ariana did not discuss her decisions with the board of directors and was therefore acting alone, making her alone liable for the damages.

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