I'd say that D. all of the above would result in a positive net worth. So, lowering mortgage by $1,000, increasing investment fund by $500, and a<span>dding $100 to savings.</span>
Answer:
net income 4,385
Explanation:
The income statment will only include revenues and expenses account.
A revenue will be the gain realized from the business main activity or secondary like interst or rental revenues.
While expenses will be the cash erogation or losses iincurred in the business activities, their financing like interest expenses and other.
revenues 9,850
expenses <u> 5,465 </u>
net income 4,385
The loan is not an expense. It wil lbe the interest it generated but we aren't given with that information
The dividends also aren't an expense they represent the return to the investors.
Answer:
True
Explanation:
For instance, for a car importer to become compliant, the importer must show that it exercised reasonable care in the filing of its Customs entries—by following a standard of behavior set by the law. Which includes hiring a customs specialist
Answer: $500 million
Explanation:
The required reserve ratio is the fraction of the total deposit that a bank recieves which is mandated by the central bank to be kept and should not be given out.
If the entire banking system has $50 million in excess reserves and a required reserve ratio of 10 percent. The deposit-creation potential of the banking system will be:
= $50million/10%
= $50million/0.1
= $500 million
Noun
a reduction in the value of an asset with the passage of time, due in particular to wear and tear
