Answer:
Debit cards are assigned to checking accounts, and since they have become more popular, the amount of currency in the economy has decreased while the amount of checking account deposits has increased.
Explanation:
Actual currency (bills and coins) and checking accounts are part of the M1 category of the money supply, since both are considered completely liquid.
Answer:
a. equivalent annual cost.
Explanation:
In the case when the annuity payment stream on annually basis contains the similar present value as compared with the initial investment of the project so this we called as equivalent annual cost
It is term as equivalent to devlop a cash flow in a cash flows stream via project life
Therefore the option a is correct
And, the rest of the options are incorrect
Answer:
1. observed time = 18.75 minutes.
2. Normal time = 18 minutes
3. Standard time = 21.17 minutes
Explanation:
1. The observed time will be equal to the average time per cycle, which was given in the question as 18.75 min. Therefore, observed time = 18.75 minutes.
2. The normal time will be:
= Average Time x Performance Rating
= 18.75 x 0.96
= 18 minutes
3. The standard time will be:
= Normal time × 1/(1 - 15%)
= Normal time × 1/(1 - 0.15)
= 18 × 1/0.85
= 18 × 1.176
= 21.17 minutes
Answer and Explanation:
The journal entries are shown below:
For the month of July
Cash $540 $710 - $170)
To Accounts Payable $540
(Being the payment received is recorded)
Bank service charges $20
To Cash $20
(Being the service charges is paid for cash is recorded)
Only these two entries are recorded
All other transactions are to be ignored
Answer:
<u>True</u>
Explanation:
Note that she specified the route she wanted, Brad<em> did not</em> ask for permission his employer Angelina.
Therefore, whatever the result of sue brought by Billy Bob against Angelina, <u>she could then passed the cost on Brad who went to another route without her permission.</u>
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