Answer:
Should Manny send his client the bill in December or January?
Send the bill in January because in cash method accounting recognized when payments are made.
In december he recognized only income because is in advance.
Explanation:
The cash method of accounting requires that sales be recognized when cash is received from a customer, and that expenses are recognized when payments are made to suppliers.
Answer: decrease
Explanation:
The money multiplier is the amount of money generated by banks with each dollar of reserves. The reserves is the amount of deposits which the Federal Reserve wants banks not to lend but rather hold. The money multiplier is therefore the ratio of deposits to the reserves in the banking system.
The money multiplier shows the ratio of the increase or decrease in money supply in relation to the increase or decrease in deposits. During the Christmas period, people draw lots of money out of their accounts to buy presents and other things. This will lead to a decrease in the money multiplier.
The part of Mateo's goal that is missing in regards to buying the guitar in two months is the amount that is saved towards the goal.
<h3>What detail is missing?</h3>
The scenario painted talks about the amount that Mateo earns per week which is $500. Earning this amount, he should be able to purchase the guitar in 5 weeks if he devotes it all to the guitar.
He however says he can only buy the guitar in two months which means that the entire amount is not going towards the guitar. The missing detail is the amount that is saved every week.
Find out more on saving at brainly.com/question/341992.
a. Incentive to work increase
b. This change increase efficiency but decrease equality
Explanation:
a. Reduction of welfare benefits period increasing employment opportunities. Job prospects are diminished now (profit).
b. This bill reform would reduce the distortion created by the benefit program (disincentive to work) and thus improve efficiency.
At the same time, though, the move will reduce the Program's effect on poverty reduction and indirectly on social inequality.
The reform can therefore represent a balance between productivity and equity.