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4 years ago

If households and firms increase the level of private savings because they become pessimistic about the future, then:

1 answer:

8 0

If people are saving their money because of pessimistic feelings about the future then it will have an impact on current spending in the economy. When people are saving instead of investing money or purchasing large items such as homes or vehicles than the businesses in those markets are affected. For example, if there is no one buying new houses, then builders will see a decrease in work and the companies that provide building supplies will be affected. The people in the companies will also begin spending less as there is less work and less money to go around which also affects the economy on a large scale.

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The following transactions were completed by Daws Company during the current fiscal year ended December 31:

boyakko [2]

Answer:

Explanation:

The T account is presented below:

Allowance for Doubtful Debts

Jan 29 $5,850 Jan 1 Beginning balance $54,200

Aug 9 $11,850 April 18 $4,000

Dec 31 $52,160 Nov 7 $7,000

Dec 31 Unadjusted

balance $4,660

Dec 31 Adjusting entry $64,660

Dec 31 Adjusted balance $60,000

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3 years ago

Which of the following is a tip for writing more effectively for business purposes?

Llana [10]

A. start by stating your purpose and what you expect of the reader for writing more effectively for business purposes

A business purpose explains the motivation for the founding of a company. It outlines both the goals of the company and what makes it special. A company purpose is substantially shorter than both a mission statement and a value statement.

A corporation may really advance if its objective is well-defined and expressed. Purpose encourages innovation, improves brand trust and loyalty, helps determine long-term business strategy, and ultimately helps a firm endure the test of time. It also creates a larger competitive edge and differentiation in the marketplace.

Learn more about business purposes here:

brainly.com/question/14326129

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7 0

1 year ago

Lapping is best described as the process of Group of answer choices inflating bank balances by transferring money among differen

Artemon [7]

Lapping is best described as the process of B. applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts.

<h3>What is Lapping?</h3>

Lapping is an employee stealing scheme revolving around the application of cash receipts.

Lapping can be traced by tracing the application of cash receipts to customers' accounts.

Routine application of cash receipts to wrong customer accounts proves evidence of a lapping scheme.

Thus, Lapping is best described as the process of B. applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts.

Learn more about lapping schemes at brainly.com/question/14846195

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3 0

2 years ago

The following amounts are reported in the ledger of Mariah Company: Assets $ 78,000 Liabilities 41,000 Retained Earnings 9,000 W

Serjik [45]

Answer:

47000

Explanation:

4 0

3 years ago

You own a portfolio that has a total value of $215,000 and it is invested in Stock D with a beta of .86 and Stock E with a beta

babunello [35]

Answer: BP = BD(WD) + BE(WE)

1 = 0.86(1-WE) + 1.39WE

1 = 0.86-0.86WE + 1.39WE

1 = 0.86 + 0.53WE

-0.53WE = -0.14

0.53WE = 0.14

WE = 0.14/0.53

WE = 0.2641509434

WD = 1 - WE

WD = 1 - 0.2641509434

WD = 0.7358490566

The dollar amount of investment in stock D = 0.7358490566 x $215,000

= $158,207.54

Explanation: The beta of the portfolio is 1, which corresponds to the beta of the market. The beta of the portfolio equals beta of each stock multiplied by the percentage of fund invested in each stock(weight). The weight of stock D is equal to 1 - weight of stock E. Therefore, we need to make weight of stock E the subject of the formula by solving the problem mathematically and collecting the like terms. The weight of stock E is 0.2641509434. The weight of stock E will be subtracted from 1 so as to obtain the weight of stock D, which is 0.7358490566. The dollar amount of stock D equal to $215,000 multiplied by 0.7358490566, which is $158,207.54.

4 0

3 years ago