Answer:
The activities of the Federal Reserve Board have the most direct influence on: bank interest rates, monetary policy (interest rates, credit, etc.)
Answer:
C) There was no price control on gasoline at the time.
Explanation:
During the 1970s the US government established a price ceiling on gasoline, but as all price ceilings set below the equilibrium price, it results in both a deadweight loss and a supply shortage.
Since the price is "too cheap", then the quantity demanded will be more than the quantity supplied. Rising costs in gasoline production made things worst, since suppliers were constantly reducing their supply of gasoline, while consumer demand was constantly increasing.
Answer:
A significant level of influence.
Explanation:
Whenever the shares of nay company are being purchased by more than 50%, that gives the purchaser the controlling level of influence on that particular company.
Here in this question the level is between 20% - 50%, which is high and can be termed as significant but not any other term that is present in the options to the question.
Hope this helps you out buddy.
Good luck and Thank You.
The monster music company's revenue under the accrual basis of accounting is $10,000
What is the accrual basis of accounting?
Under the accrual basis of accounting, revenue is recognized when the goods have been delivered or services rendered regardless of when payment for goods or services is received.
The fact that Monster music company already provided the music lessons whose revenue is $10,000 means that it should recognize the revenue for the whole music lessons provided rather the portion whose cash payment has been received
Find out more about accrual accounting on:brainly.com/question/11312217
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Answer:
a. $20,500
Explanation:
The cashflow using the indirect method has basically 3 segments namely; Cashflow from operating activities, Cashflow from investing activities and Cashflow from financing activities.
Cashflow from operating activities considers the net profit before tax and then adjustments for non cash items like depreciation. Hence from the question given, the current year depreciation ($20,500) is a part of the Cashflow from operating activities.
Other cost elements stated in the question are considered under investing activities.
