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crimeas [40]
3 years ago
11

The IMF has: a. helped support some weaker European countries during the recent financial crisis. b. been very helpful in monito

ring international terrorists. c. ignored the cause of income inequality. d. provided significant funding for business start-ups globally. e. provided support to least-developed nations.
Business
1 answer:
Ann [662]3 years ago
5 0

Answer:

The correct answer is letter "A": helped support some weaker European countries during the recent financial crisis.

Explanation:

The International Monetary Fund (IMF) is a U.S. based part of the United Nations (UN) agency that promotes international economic prosperity by cooperating with least-favored nations to reduce their unemployment rates. The fund has 189 members and had a vital contribution in the Western European economic recovery after their recent financial crisis as a consequence of unemployment, drop of purchasing power and public debt.

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Mama's Pizza Shoppe borrowed $6,200 at 12% interest on May 1, 2021, with principal and interest due on October 31, 2022. The com
max2010maxim [7]

Explanation:

The adjusting entry is as follows

Accrued interest expense Dr $124

     To Interest payable $124

(Being the accrued interest expense is recorded)

The computation is shown below:

= Borrowed amount × interest rate × given months ÷ total number of months in a year

= $6,200 × 12% × 2 months ÷ 12 months

= $124

3 0
3 years ago
Statement of retained earnings   Hayes Enterprises began 2019 with a retained earnings balance of $ 928 comma 000. During 2019​,
Temka [501]

Explanation:

a. The preparation of the statement of retained earnings for the year ended December​ 31, 2019 is presented below:

                                                   Hayes Enterprises

                                          Statement of retained earnings

                                For the year ended December​ 31, 2019

Beginning balance of retained earning $928,000

Add: Net income $377,000

Less: Cash Dividend paid

Preference stock dividend -$47,000

Common stock dividend $210,000

Ending balance of retained earning       $1,048,000

The common stock dividend is

= $928,000 + $377,000 - $47,000 - $1,048,000

= $210,000

b. The earning per share is

Earning Per share = (Net income - Preferred Dividends) ÷ (Average Common shares outstanding)

= ($377,000 -$47,000) ÷ (140,000 Shares)

= $2.36 per share

C. Dividend per share = Common Stock dividend ÷ Common Shares outstanding

= $210,000 ÷ 140,000 shares

= $1.50

8 0
3 years ago
You buy 50 stocks of Company A, 30 of Company B, and 20 of Company C. The annual returns of these companies are 8%, 12%, and 10%
bearhunter [10]

Answer:

Average return for one year is 9.6 %

Explanation:

Computation of average return

Lets assume the cost of each share to be 100

                                                       Opening    Growth             Closing

                                                         Value            %                   Value

Company A  50 % at 100                5,000              8 %                 5,400

Company B 30 % at 100                 3,000              12 %                3,360    

Company C 20 % at 100                  <u>2,000</u>             10 %                <u>2,200</u>

Total values                                     10,000                                     10,960

Increase in value over base divided by base equals the average return

10,960 -  10,000  =  960/ 10000  = 9.6 % average return

3 0
4 years ago
Millions of software programs have been created and have helped to improve the economy. This is an
I am Lyosha [343]

Answer:

new technology.

Explanation:

An information system or technology can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.

Generally, it is an integral part of human life because individuals, organizations, and institutions rely on information systems and technology in order to perform their duties, functions or tasks and to manage their operations effectively. For example, all organizations make use of information systems for supply chain management, process financial accounts, manage their workforce, and as a marketing channels to reach their customers or potential customers.

Additionally, an information system or technology comprises of five (5) main components;

1. Hardware.

2. Software.

3. Database.

4. Human resources.

5. Telecommunications.

Overtime, millions of software programs have been created and have helped to improve the economy. This is an example of new technology.

Basically, these new technologies have helped to simplify the process of producing goods and services effectively and efficiently to meet the unending needs and requirements of the consumers.

3 0
3 years ago
Southern Company is preparing a cash budget for April. The company has $12,000 cash at the beginning of April and anticipates $3
andrew-mc [135]

Answer:

Opening Cash Balance = $ 12,000

Add: Expected receipt = $ 30,000

Total Cash Available = $ 42,000

Less: Cash disbursement = $ 34,500

Less: Minimum Balance = $ 10,000

Closing Balance = ($ 2,500)

Therefore, company must borrow = $ 2,500

5 0
3 years ago
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