Answer:
b. keeping promises
Explanation:
In the service industry the employyes are responsible for keeping their promises, they are the one working on the ground and executing things.
Answer:
$73,500
Explanation:
the man needs enough money to cover:
- down payment = $325,000 x 20% = $65,000
- closing points = $325,000 x 2% = $6,500
- closing costs = $2,000
- total = $73,500
The closing points are generally paid to the mortgage lender in order to lower the mortgage's interest rate which will result in a lower monthly payment.
Answer:
change in the Money supply = $2000
Explanation:
given data
deposit = $1,000
reserve ratio = 0.50
to find out
how much will checking deposits in the banking system increase as a result
solution
we get here change in the Money supply that is express as
change in the Money supply = Change in the Monetary base × Money multiplier ............................1
here
Money multiplier = ..................2
Money multiplier =
Money multiplier = 2
put value in equation 1
change in the Money supply = 1000 × 2
change in the Money supply = $2000
Answer:
False
Explanation:
The trial balance is prepared at the end of a counting period after all the accounts have been closed. The trial balance captures all the debits on one side and credits on the other. If the trial balance does not balance, it signifies errors in the general ledger. A balanced trial balance does not guarantee the absence of errors.
In preparing a trial balance, accountants usually follow the order of accounts as they follow each other as per the general ledger. It is not a requirement that either debits or credits come first.
This best illustrates the value of a good work ethic