Answer:
A. the liabilities of the First National Bank decrease by $10.
Explanation:
Answer:
1.You’re unrealistic. We all want to be able to have unlimited amounts of money.
2. You think budgeting is too complicated. Don’t be scared. Budgets are fun!
Explanation:
Strategy: Take it slow and go with the flow don't get so excited about the fact of making money.
Answer:
The journal entry for disposal of equipment will be as follows;
Explanation:
Accumulated Depreciation Dr.$98,000
Cash Dr.$40,000
Loss on disposal (150-98-40) Dr.$12,000
Equipment Cr.$150,000
I would consider society stakeholders because their aim is to maximize positive impacts and minimize negative ones
Answer:
d. negative relation between the real interest rate and investment.
Explanation:
The demand curve for loanable funds is a downward sloping curve, with interest as the independent variable.
Such because 'demand' for 'investment' i.e loanable funds is inversely related to 'price' of loanable funds i.e their interest.
- At higher interest rate : loanable funds & investment is expensive, so it is demanded less
- At lower interest rate : loanable funds & investment is cheaper, so it is demanded more.
