Answer:
The correct answer is letter "C": strong-form efficient.
Explanation:
The Efficient Market Hypothesis or EMH is the theory that beating the market is impossible because stocks are already accurately priced and reflect all available information so it is theoretically impossible to make a profit from any trading strategy. The EMH can be <em>weak, semi-strong </em>or<em> strong</em>.
The strong-from of the EMH states that all the private and public information is already reflected in the stock price, thus, investors cannot take advantage of the market.
Answer:
31st December
Dr Interest expenses 72
Cr Interest Payable 72
(to record interest expenses payable as at 31st December for note owed to Hyatt)
Dr Interest expenses 200
Cr Interest Payable 200
(to record interest expenses payable as at 31st December for note owed to the Bank)
Dr Interest expenses 12
Cr Interest Payable 12
(to record interest expenses payable as at 31st December for note owed to Towne)
Explanation:
The total interest expenses payable as at 31st December is calculated for each creditors as below:
- 36 days Interest expenses owed to Hyatt: 36/360 * 9% * 8,000 = $72.
- 24 days Interest expenses owed to the Bank: 24/360 x 10% x 30,000 = $200.
- 9 days Interest expenses owed to Towne: 9/360 x 4% x 12,000 = $12.
Answer:
Explanation:
<u><em>A) A temporary increase in government purchases</em></u>
Savings would be used decreasing them. which leads to the government implementing higher taxes. <u>The output will stay the same while the Real Interest and the price level would increase</u>.
<u><em>B) A reduction in expected inflation</em></u>
This provokes more money demand. At the same time, the <u>money price level goes down</u>. <u>The output and the Real Interest will remain at the same level.</u>
<u><em>C) A temporary increase in labor supply</em></u>
The more jobs, the more the people have more money. Interest rate will decrease and money demand will increase. <u>The output would increase while the Real Interest and the price level would drop.</u>
<u><em>D) An increase in the interest rate paid on money</em></u>
Under this scenario, there will be a higher demand for money. If the nominal supply of money remains constant, the <u>price level would decrease</u>. <u>The output will remain the same as well as the Real Interest.</u>
Im pretty sure its 2) Fixtures
Sorry if its wrong
Answer:
$760
Explanation:
Clyde
Interest is been deducted proportionately and the interest of 4 months of this year will be deductible – ($480/12) × 4 months
= $160
12-month rule also applies to insurance and t the full amount of insurance is as well deductible.
Hence:
Maximum deduction
= $160 interest + $600 insurance
= $760
Therefore the maximum amount Clyde can deduct this year is $760