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pshichka [43]
3 years ago
10

Jasper makes a $25,000, 90-day, 7% cash loan to clayborn co. jasper's entry to record the collection of the note and interest at

maturity should be:
Business
1 answer:
Irina-Kira [14]3 years ago
5 0

Answer:

The journal entry is as follows:

Cash A/c Dr. $ 25,437.50

      To Notes Receivable A/c   $25,000

      To Interest revenue A/c     $437.50

(To record the collection of the note and interest at maturity)

Working notes:

Interest for 90 Days:

= Note value × Interest rate × Time period

= $25,000 × 0.07 × (90/360) days

= $437.50

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Persuasion, collaboration, participation and direction are four styles of leadership that all leaders can use. Can all four of t
Mkey [24]

Answer:

false

Explanation:

All four leadership styles: persuasion, collaboration, participation, and direction are not styles used by both transformative leaders and transactional leaders.

In transformative leadership, these styles are used, as the focus of this leadership style is to inspire your subordinates through trust and easy communication that motivates and encourages employees to be more productive, giving a sense of work appreciation and personal pride.

In transactional leadership, the leader is the one who uses a reward system for the good performance of subordinates, not intervening in decisions, that is, he is not a leader who participates, directs or collaborates with the progress of the work, but who uses the " laissez-faire" which is a term that corresponds to a style where the leader does not make decisions, but lets the employees themselves have the autonomy to make them.

7 0
3 years ago
The monetary policy tool whereby the Federal Reserve buys and sells government bonds is called: the discount rate. open-market o
Andreas93 [3]

The monetary policy tool whereby the Federal Reserve buys and sells government bonds is called (B) open-market operations.

<h3>What are open-market operations?</h3>
  • An open market operation (OMO) is a macroeconomic activity in which a central bank provides (or withdraws) liquidity in its currency to (or from) a bank or group of banks.
  • Open-market operations are the monetary policy tool through which the Federal Reserve buys and sells government bonds.
  • The central bank can either buy or sell government bonds (or other financial assets) in the open market (hence the name) or, in what is now the preferred solution, enter into a repo or secured lending transaction with a commercial bank.
  • The central bank gives the money as a deposit for a defined period while simultaneously taking an eligible asset as collateral.

As the definition says, open-market operations are the monetary policy tool through which the Federal Reserve buys and sells government bonds.

Therefore, the monetary policy tool whereby the Federal Reserve buys and sells government bonds is called (B) open-market operations.

Know more about open-market operations here:

brainly.com/question/14256204

#SPJ4

Complete question:

The monetary policy tool whereby the Federal Reserve buys and sells government bonds is called:

(A) the discount rate.

(B) open-market operations.

(C) reserve requirements.

(D) moral suasion.

3 0
2 years ago
Frito-Lay has developed a new line of snack foods. The company wants to place the products in as many outlets as possible; groce
Katen [24]

Answer: Intensive distribution

Explanation:

Here, in this particular case Frito-Lay is trying to accomplish the <em>Intensive Distribution</em>. Intensive distribution is referred to as the marketing strategy under which an organization tends to sell their respective commodity through their several outlets or store as, in order to have the individuals and their respective customers confront the commodity virtually almost everywhere.

3 0
3 years ago
True or False: Credit card pull money directly from your checking account
timofeeve [1]

Answer:

FALSE

Explanation:

Credit card borrows money from your credit card company. But you have to pay back the money in some interest. Basically, "buy now, pay later". Debit card pulls money from your checking account.

8 0
3 years ago
QUESTION 4 of 10: A clothing designer is looking for a job that can cover her living expenses of $5,000 per month. If she plans
Leto [7]

Answer:

$31.25

Explanation:

40 hours a week x 4 weeks a month = 160 hours of work per month

$5,000 divided by 160 = $31.25

7 0
3 years ago
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