Answer:
If the Federal Reserve buys bonds in the open market, it increases the money supply in the economy by swapping out bonds in exchange for cash to the general public. Conversely, if the Federal Reserve sells bonds, it decreases the money supply by removing cash from the economy in exchange for bonds.
Check the price at other stores and check the price before adding profit
Answer:
Ernest must pay additional = $28
Explanation:
given data
receives dividends = $100
tax bracket = 28%
tax rate = 20%
to find out
personal taxes Ernest need to pay
solution
as we know that dis advantages of a corporate structure is that corporation paying its own taxes burden on the net income
so here the stockholder pay the income tax on dividend as they receive
so here Ernest must pay additionally = $28
Answer: Option B
Explanation: In simple words, convenience goods refers to the commodities that are widely available in the market and can be purchased frequently with minimal efforts. Newspapers and candy bars are some of the many examples of convenience goods.
These goods are consumed or loose their values after one or few uses.
Answer:
Particulars Amount
<u>Cash Flows from Operating Activities</u>
Net Income $9,000
<em>Adjustments to reconcile net income to </em>
<em>Net Cash flows from Operating Activities</em>
Depreciation Expense $1000
Gain On Sale of land ($800)
Decrease in accounts payable ($700)
Increase in prepaid expenses ($100)
Increase in salaries payable $400
Decrease in Inventories $1100
Amortization of bond premium <u>($300)</u> <u>$600</u>
Net Cash flows from operating activities <u>$9,600</u>