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Mice21 [21]
3 years ago
11

What is the purpose of the required reserve ratio?

Business
1 answer:
Ludmilka [50]3 years ago
7 0

Answer: d

Explanation:

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Know that giving customers too many choices can overwhelm and lead to fewer sales the benefit of limited sharing options
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3 years ago
If sixty $1,000 convertible bonds with a carrying value of $70,000 are converted into 9,000 shares of $5 par value common stock,
Vinvika [58]

Answer:

Explanation:

The journal entry is shown below:

Bonds payable A/c Dr $60,000

Premium on bonds payable A/c Dr $10,000

           To Common stock A/c $45,000

           To Paid in capital in excess of par A/c $25,000

(Being the conversion of bonds is recorded)

The computation is shown below:

For bonds payable

= sixty $1,000 convertible bonds

That means

= 60 × $1,000

= $60,000

For Premium on bonds payable:

= $70,000 - $60,000

= $10,000

For Common stock:

= 9,000 shares × $5

= $45,000

And, the remaining balance is credited to paid in capital in excess of par

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4 years ago
A company takes insights provided by its data analytics team, validates them, and finalizes a strategy. They then implement a pl
musickatia [10]

The correct option is C) Act. Act is the sixth phase of the data analysis process.

<h3>What is the act in the data analysis process? What are the other steps involved in it?</h3>

The sixth step of the data is to act. It will provide the recommendations or solutions to the team and stakeholders for solving the business problems and makes the good decision.

Data analysis process involves the defining of the question, collection, cleaning, analyzing of the data and sharing the results.

Basically, it helps the business in making the informed and sound decisions.

Learn more about the data analysis process here:-

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3 0
2 years ago
Read 2 more answers
An employee has​ year-to-date earnings of . The​ employee's gross pay for the next pay period is . If the FICAOASDI is ​% and th
taurus [48]

Answer:

$192

Explanation:

Calculation for how much FICA-OASDI tax will be withheld from the employee's pay?

FICA-OASDI tax=($117,000-$113,900)*6.2%

FICA-OASDI tax=$3,100*6.2%

FICA-OASDI tax=$192

Therefore how much FICA-OASDI tax will be withheld from the employee's pay is $192

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3 years ago
Which 3 types of customer statements can QuickBooks Online generate?
Phantasy [73]

Answer:

beg8ner ine expert one explorer ine is types of it

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3 years ago
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