Answer:
Interest rates would rise.
Explanation:
There would be a decrease in the amount of loanable funds borrowed.
if the government were to increase the tax on interest income, a reduction in the amount of funds borrowed would happen because the cost of borrowing would then become higher and people would have to pay more than they would have paid for every amount borrowed
Answer:
D.
the federal reserve injects money into banks to give them peace of mind to lower their interest rates. the lower the interest rate, the more people will loan from the bank. this increases the funding to the bank when the loans are paid off so the bank can pay back the reserve while having increased profit
Answer:
B) performing stage of group development.
Explanation:
The stages in group development are
- forming.
- storming.
- norming.
- performing.
- adjourning.
In the forming stage, the project team members get to know each other and lay the basis for project and team ground rules.
In the storming stage, features the start of conflict as team members begin to resist authority and demonstrate hidden agenda.
In the norming stage, members agree on operating procedures and seek to work together.
In the the performing stage, finally committing to the project development process. Group members work to accomplish the project and display a level of competence.
In the adjourning stage, once their work is done, group is disband.
Answer:
Debit Balance as per Cash Book - i - ii + iii = Credit Balance as per Passbook.
Explanation:
Bank Reconciliation Statement is a statement drawn at the end of accounting period, to adjust the mismatch between bak balance as per cashbook & passbook.
Debit Balance as per Cash Book = $ 22970
Less : Receipts added in cashbook, but not passbook = (1885)
Less : Bank service fee deducted from passbook, not cashbook = (55)
Add : Cheques written but not deducted from passbook = 1460
Credit Balance as per passbook = $ 22490
Answer:
$4.00
Explanation:
To calculate the approximate overhead cost per unit of product A1 under activity - based costing we have it as
Activity 1 allocated to Product B2 line we have as
$48,000 × 4,800/6,000
= $38,400
Activity 2 allocated to Product B2 line we have it as
= $63,000 × 4,760/7,000
= $42,840
Activity 3 allocated to Product B2 line we have it as
=$80,000 × 800/8,000
= $8,000
Total overhead allocated to Product B2 = $89,240
Overhead per unit of Product B2: $89,240/22,310 = $4.00
As our overhead unit of product
