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ASHA 777 [7]
3 years ago
6

The intersection of the demand for loanable funds and the supply of loanable funds determines the A) prevailing interest rate B)

par value C) price/earnings ratio D) real interest rate
Business
2 answers:
Marrrta [24]3 years ago
7 0
C. price/earnings ratio
saw5 [17]3 years ago
7 0

Answer:

<h2>The answer here would be option D) or real interest rate.</h2>

Explanation:

  • The market for loanable funds is a monetary or financial market where the main good or commodity being bought and sold or commercially exchanged is money.
  • The borrower of money constitute the buyer in this market and whose who save money are the main suppliers of money or loanable funds in the market.
  • The price or the value of money is represented by the market interest rate which has a positive direct relationship with the supply of money or loanable funds and an inverse or negative relationship with demand for money by the borrowers.This implies that as the market interest rate increases,the suppliers want to supply more of their monetary or financial savings in the form of financial loans to the borrowers with the anticipation of higher returns on the respective loans and vise versa.On the other hand,the borrower's demand for loanable funds or money decreases as the market interest rate increases,as now they would have to pay more on any financial borrowings in the market.
  • The demand and supply of loanable funds intersect at the point in the market where both are equal and the market interest rate at which they intersect is identified as the real interest rate in the loanable funds market in any economy.
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Brandi, a sales trainee, watched as her sales supervisor chatted with a prospect's secretary in a very friendly manner. Brandi f
dusya [7]

Answer:

The correct option is (C)

Explanation:

One of the best traits of a good sales person is his ability to connect with people and seek important information related to their needs and attitude towards different products. They strike conversation informally with people to gain their confidence and build rapport.

Here, Brandi is confused as she feels it was not appropriate of her supervisor to talk to a prospect's secretary. However, she did not know that her supervisor chatted with the secretary in a friendly manner as secretaries spend most of their time with the boss and is well aware of his requirements. So, supervisor will be able to seek important information from her about the prospect that would help him convert it to sales.

7 0
3 years ago
Cullumber Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $20 per year. Du
Kipish [7]

Answer:

Debit Cash account $16,800

Credit Unearned Subscription Revenue  $16,800

Explanation:

When a fee is received in advance for a service yet to be rendered, the revenue for such fee is said to be unearned. The entries required are

Debit Cash account and Credit Unearned fees or deferred revenue.

As the service is performed and the revenue is earned, debit Unearned fees and credit revenue.

Total amount received

= $20 * 8400

= $16800

3 0
3 years ago
For a qualifying relative to be claimed as a dependent, a person must either be related to the taxpayer, or be a member of the t
Burka [1]

Answer:

The correct option is (C)

Explanation:

To be able to claim somebody as a dependent, the person has to qualify 4 tests. They are:

  • Lineal descendant
  • Must live with the taxpayer for more than a year
  • Should be below 19 years or under 24 if a full time student
  • Cannot file return on their own.

If a person who is not a lineal descendant to be claimed as a dependent needs to be a part of taxpayer's household for 365 days (whole year).

In this case, taxpayer's cousin is not a lineal descendant. Rest of them (sister, father and son-in-law) are lineal descendants. So, cousin has to stay with the taxpayer for the entire year.

5 0
3 years ago
Mixed-market economies have more private property, while command economies have more public property.
Ivenika [448]

Answer:

an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise.

Explanation:

HAHAHA

5 0
3 years ago
The December 31, 2021, inventory of Tog Company, based on a physical count, was determined to be $467,000. Included in that coun
8090 [49]

Answer:

Tog Company

a. The correct December 31, 2021 balance of Inventory is

= $592,500.

b. The error increased the cost of goods sold, thereby reducing the net income and the retained earnings.

c. Journal Entries to correct errors:

Debit 2021 Inventory $67,000

Credit 2022 Inventory $67,000

To correct the error.

December 31, 2021

Debit Purchase $97,000

Credit Accounts Payable $97,000

To record the purchase of merchandise, shipped FOB shipping point on December 28, 2021.

Explanation:

a) Data and Calculations:

Physical count Inventory =             $467,000

FOB shipping point 2021 =                28,500

December 28 FOB shipping point = 97,000

December 31, 2021 balance =     $592,500

The error would increase the cost of goods sold, thereby reducing the net income and the retained earnings.

Journal Entries to correct errors:

December 31, 2021

a. 2021 Inventory $67,000  2022 Inventory $67,000.  The records should be for 2021 and not 2022.

b. This only affects the physical count and not the records.

c. Purchase $97,000  Accounts Payable $97,000. Both the physical count and the records were omitted.

4 0
3 years ago
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