Answer: Joint by the FED and by the behavior of individuals who hold money and of banks which money is held.
Explanation: The Federal Reserve System, often referred as the Federal reserve or simply "the fed", is the central bank of the united states. It was created by the congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. The FED was created on December 23, 1913, when president Woodrow Wilson signed the FEDERAL RESERVE ACT into law. The Fed and the behavior of individuals not only define how much money are available, they can also define macroeconomic indicators like inflation.
Answer and Explanation:
The preparation of the income statement is presented below:
Service revenue $634,900
Less:
Depreciation Expense $10,000
Insurance Expense 9,000
Miscellaneous Expense 8,150
Rent Expense 60,000
Supplies Expense 4,100
Utilities Expense 44,700
Wages Expense 548,200
Net loss -$49,250
Answer:
The company pass from monopoly to a competitive market.
The new companies increase the supply and therefore, the equilibrium price decreases.
Explanation:
The approval of new cable companies generates an increase in the supply. As the suply shift to the right the quantity (people wiht a monthly cable service) will increase and the price (monthly fee) decrease.
Harvey's Company is already starting to decrease his price to do an effort to retain his customer. This company is no longer a monopoly so it will decrease price to be more competitive.
Answer:
Transformational leadership style.
Explanation:
Transformational leadership creates positive change in the people and environment being led, and seeks to empower followers to better themselves and ultimately become leaders too.
Answer:
1. Record the adjusted for Dec 31 2021
Dr Unrealized holding loss—OCI 26,000
Cr Fair value adjustment 26,000
2.
No amounts would be reported in the income statement at December 31, 2021 .
Amount $ 0
Explanation:
1.
Fair-value adjustment of $0 to ($26,000):
Fair Value Adjustment
Balance on 1/1/2021 $0
± Adjustment needed to update fair value?
Balance needed on 12/31/2021 ($21,000 − $47,000) = ($26,000)
Fair-Value Adjustment
1/1/2021 $0
Change needed $26,000
12/31/2021 $26,000
2.No amounts would be reported in the income statement at December 31, 2021 because the accumulated net holding gains and losses are reported as a component of shareholders' equity while changes in the balance are reported as other comprehensive income in the statement of comprehensive income rather than as part of earnings.
