Answer:
C) Six.
Explanation:
As we already know that
The expenses, assets, losses, dividend contains a debit balance while on the other hand, the liabilities, revenues, revenues, gains, stockholder equity contains credit balance
If there is an increase in a debit balance account then it always shown in the debit side itself and vice versa
And, the same is applied for credit balance
Therefore, the accounts which have a normal debit balance are cash, utilities expense, salaries expense, account receivable, equipment, and the dividend
Answer:
Contagion Effect
Explanation:
Contagion Effect is the <u><em>spread of an economic crisis</em></u> from one market or a region to another. It refers the diffusion effect of crisis throughout a market.
Simply put, If a large bank sells off most of its assets quickly, the confidence in other banks declines.
Hence, it's said to have followed the contagion effect, spread of a crisis from one market to another.
Answer:
$67.5
Explanation:
Expected rate of return = 10/100 x $75 = $7.5
I am willing to pay $75 - $7.5 = $67.5