Answer:
The answer is b
Explanation:
Demand for money is the situation in which money are held in cash form without spending it. The demand for money is a derived demand in the sense that people do not spend all their salaries when they receive it at the end of the month. The portion of their salaries which they do not spent immediately they are received is what we referred to as the demand for money. There are three reasons for holding money which are
Transaction motive :This is the desire to keep money in order to meet the day to day transaction of business such as buying of foodstuff and to meet other family need .
Precautionary motive : This is the desire to keep money in order to meet the unforseen circumstances which are not planned for but which immediately occur, such as sickness, unexpected visitors, breakdown of one's car,
Speculative motive :This is the desire to keep money with the hope of using the money in making quick money. It is a money held with the hope of giving it out in form of loan if the interest is high and at a short period of time.for instance purchasing shares at a lower prices and re-selling it at higher prices .it also includes buying goods at a lower prices and re-selling at a higher prices for example cars.
Answer:
$21.9275
Explanation:
The cost of online banking is $39.99
The cost of checks books is $17.95 per 100. The cost associated with 25 checks
= $17.25/100 x 25
=0.1725 x 25
=$4.3125
The cost of a stamp is 50 cents, which is $0.50
for 25 checks
=$0.50 x 25
=$12.5
The writing fee
=$0.05 x 25
=$1.25
Total cost of using checks
= $4.3125 + $12.5 +$1.25
=$18.0625
the difference between online banking and checks
= $39.99 - $18.0625
=$21.9275
Answer:
$284,000
Explanation:
Movements in the retained earnings account are as a result of the payment of dividend and the addition of the income or loss for the year.
Given that
Baxter generated revenues = $40,000
incurred expenses = $24,000
purchased equipment = $10,000 and
paid dividends = $4,000
Net income/(loss) = $40,000 - $24,000
= $16,000
Retained Earnings at September 30, 2012
= $272,000 + $16,000 - $4,000
= $284,000
Answer:d
Explanation: she should try to find ways to cut back on or cancel a remaining task
