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rusak2 [61]
4 years ago
10

Are liabilities debts or credits?

Business
2 answers:
zzz [600]4 years ago
5 0
They are debits because debits are deductions from your account
Olegator [25]4 years ago
4 0
Credits.... is suitable ..hope it helped
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Inefficiency exists in a market when a good is
ddd [48]

Answer:

d. being consumed by buyers who value it most highly."

Explanation:

Since the efficiency arises when optimal amount of each good and service is being produced and consumed in the economy.

Hence it can be said that inefficiency exists in the economy when a good not being consumed by the consumer who value it highly.

3 0
3 years ago
An investor owns $8,000 of Adobe Systems stock, $9,000 of Dow Chemical, and $9,000 of Office Depot. What are the portfolio weigh
Grace [21]

Answer:

Adobe System

0.3077 ± 0.001

Dow Chemical

0.3462 ± 0.001

Office Depot

0.3462 ± 0.001

Explanation:

Calculation for the portfolio weights of each stock

First step is to calculate the Total portfolio

Total portfolio = $8,000 + $9,000 + $9,000

Total portfolio == $26,000

Last step is to calculate the portfolio weights of each stock

Adobe System weight = $8,000 / $26,000

Adobe System weight = 0.3077

Dow Chemical weight = $9,000 / $26,000

Dow Chemical weight = 0.3462

Office Depot weight = $9,000 / $26,000

Office Depot weight= 0.3462

Therefore the portfolio weights of each stock will be :

Adobe System

0.3077 ± 0.001

Dow Chemical

0.3462 ± 0.001

Office Depot

0.3462 ± 0.001

7 0
3 years ago
Which statement best describes a situation requiring an auditor to apply Department of Labor (DOL) independence rules?
Lapatulllka [165]

Answer: a. The auditor provides services to employee benefit plans sponsored by governmental entities

Explanation:

Department of Labor independence rules apply to the audit services that are provided to employee benefit plans.

The situation requiring an auditor to apply Department of Labor (DOL) independence rules is when the auditor provides services to employee benefit plans sponsored by governmental entities

5 0
3 years ago
If the reserve requirement is 10 percent and the central bank sells 10,000 in government bonds on the open market, the money sup
sertanlavr [38]

If the reserve requirement is 10 percent and the central bank sells 10,000 in government bonds on the open market, the money supply will <u>decrease by a maximum of $100,000.</u>

<h3>What is Reserve Requirement?</h3>
  • The amount of money that a bank must have in reserve in order to pay its obligations in the event of unforeseen withdrawals is known as the reserve requirement.
  • The central bank uses reserve requirements as a tool to alter the amount of money in the economy and affect interest rates.
  • Based on a portion of the cash that customers have on hand, banks lend them money.
  • In exchange for this power, the government imposes one obligation on them to maintain a minimum balance of deposits to cover potential withdrawals.
  • The reserve requirement is the amount that banks must hold in reserve and are not permitted to lend above.

To learn more about reserve requirement with the given link

brainly.com/question/17348419

#SPJ4

8 0
2 years ago
Four thousand bonds with a face value of $1,000 each, are sold at 104. The entry to record the issuance is Group of answer choic
Arisa [49]

Answer:

Dr Cash 4,160,000

Cr Premium on Bonds Payable 160,000

Cr Bonds Payable 4,000,000

Explanation:

Preparation of the entry to record the issuance

Based on the information given The entry to record the issuance is:

Dr Cash $4,160,000

[(4000*1000)*104%]

Cr Premium on Bonds Payable $160,000

($4,160,000-$4,000,000)

Cr Bonds Payable $4,000,000

(4000*1000)

(To record the issuance)

4 0
3 years ago
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