Answer:
Explanation:
A traditional economy is one which doesn't operate under a profit motive.
Instead, it emphasizes the trading and bartering of products and services that enable participants to subsist in a specific region, community and/or culture. Largely, traditional economies are a way of life in underdeveloped countries that rely more on old-fashioned economic models like farming or hunting than on newer-age modes like industry and technology.
Capitalist
Historically, these societies leverage market forces, such as supply and demand, with a strong motivation to earn a profit, to shape their economic models.
Answer:
Red Co.
The amount that Red Co should report as net cash used by investing activities in its statement of cash flows for the period ended December 31 is:
= $38,000.
Explanation:
a) Data and Calculations:
Investing activities section of the Statement of Cash Flows:
Sales of investment in Gold Co stock $15,000
Dividends received on Blue Co. stock 10,000
Purchase of investment in Yellow Co (75,000)
Proceeds from the disposal of equipment 12,000
Net cash used by investing activities $38,000
The answer is: "Performance" .
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"<u> Performance </u> addresses how well a product or service performs the customer's intended use."
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Answer:
D $4 million
Explanation:
Bank Reserves = Bank's Deposit at Central Bank + Vault Cash.
Bank Reserves = $15million + $5million = $20 million
Required reserves = 20% of $80 million = $16 million.
Bank Reserves = Required Reserves + Excess Reserves
Excess Reserves = Bank reserves - Required reserves
Excess Reserves = $20million - $16million =$4 million