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Paha777 [63]
2 years ago
12

Wire rope rigging equipment slings must have the ability to bend without cracking, withstand abrasive wear, and withstand abuse.

A. False B. True
Business
2 answers:
chubhunter [2.5K]2 years ago
5 0

Answer:true

Explanation:

horrorfan [7]2 years ago
4 0
Very true, If it weren't to do this, it would defeat its purpose.
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When comparing cash management options, the higher the
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Cost the lower the demand

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The Federal Reserve (or Fed) often executes its policy by selling or buying U.S. government securities in the open market, which
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a) When interest rates on U.S. government securities increases, then the Federal Reserve sells those securities in the open market in order to decrease the money supply. This is contractionary monetary policy of the Federal Reserve. As interest rates are indirectly affected by open market operations, the Federal Reserve sells securities on the open market to reduce the amount of money in circulation to combat rising inflation in the economy.

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Earning interest on previously earned interest is called?
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Read 2 more answers
Nash Incorporated factored $156,000 of accounts receivable with Crane Factors Inc. on a without-recourse basis. Crane assesses a
ella [17]

Answer:

Nash Incorporated,

Dr Cash $143,520

Dr Due from Factor $9,360

Dr Loss on Sale of Receivables $3,120

Cr Accounts Receivable $156,000

Crane Factors

Dr Accounts Receivable $156,000,

Cr Due to Customer Nash $9,360

Cr Interest Revenue $3,120

Cr Cash $143,520

Explanation:

Preparation of the journal entry for Nash Incorporated and Crane Factors to record the factoring of the accounts receivable to Crane.

Nash Incorporated,

Dr Cash $143,520

($156,000-$9,360-$3,120)

Dr Due from Factor $9,360

(6%*$156,000)

Dr Loss on Sale of Receivables $3,120

(2%*156,000)

Cr Accounts Receivable $156,000,

Crane Factors

Dr Accounts Receivable $156,000,

Cr Due to Customer Nash $9,360

(6%*$156,000)

Cr Interest Revenue $3,120

(2%*156,000),

Cr Cash $143,520

($156,000-$9,360-$3,120)

8 0
2 years ago
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