1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LekaFEV [45]
3 years ago
12

Which is true regarding assets and liabilities? Please choose the correct answer from the following choices, and then select the

submit answer button. Answer choices Morrie's student loan is an asset from Morrie's perspective. Jane's car loan is a liability from Jane's perspective; this same loan is also viewed as a liability from the bank's perspective. Assets are greater than liabilities when there are positive capital requirements. Bank deposits at the Federal Reserve are a liability for the bank.
Business
1 answer:
olga_2 [115]3 years ago
8 0

Answer:

Assets are greater than liabilities when there are positive capital requirements.

Explanation:

  • Morrie's student loan is an asset from Morrie's perspective. {false}

Morrie's student loan is a <em>liability</em> form his/her perspective. It is an asset for the borrower of the loan, usually a bank.

  • Jane's car loan is a liability from Jane's perspective; this same loan is also viewed as a liability from the bank's perspective. {false}

This is one is half true, half false because Jane's loan is a liability from her perspective, but for the borrower, the bank, it is an asset.

  • Assets are greater than liabilities when there are positive capital requirements.{true}

Because Working Capital = Current Assets minus (-) Current Liabilities. Usually Assets need to be grater than liabilities to have positive capital or Working Capital.

  • Bank deposits at the Federal Reserve are a liability for the bank. {false}

Bank deposits at the Federal Reserve are a "special kind" of asset. What I mean by that is a requirement by the Federal Reserve to have a deposit in there as a security or collateral but since that deposit is just there. The bank actually can work or make profit out of it.

You might be interested in
If the actual unemployment rate is 7% and the cyclical unemployment rate is 2%, then the natural rate of unemployment is:
Luden [163]

Answer:

Hello Friend, I've done my personal research, and I apologize if the answer is incorrect.

The natural unemployment would be 5%.

Explanation:

The percentages of both kinds of employment statuses have an amount of what the natural rate of unemployment would be 5% which is the answer that is provided.

7 0
2 years ago
Oriole Company made the following journal entry in late 2021 for rent on property it leases to Danford Corporation. Cash 153000
Morgarella [4.7K]

Answer:

$277,125

Explanation:

The calculation of  income tax expense is shown below:-

Income tax expense = Income taxes payable at the end of 2022 + (Rent revenue ÷ 2) × Tax rate

= $258,000 + (($153,000 ÷ 2) × 0.25)

= $258,000 + $76,500 × 0.25

= $258,000 + $19,125

= $277,125

Therefore for computing the income tax revenue we simply applied the above formula.

6 0
3 years ago
What are THREE purposes of monetary policy? A to eliminate competition B. to promote price stability c. to eliminate unemploymen
Oksanka [162]

Answer:

c. to eliminate unemployment,B. to promote price stability and F. to control federal spending

Explanation:

8 0
3 years ago
The marketing researcher for a game company is conducting an experiment to test customer reaction to the pricing of a new game d
SSSSS [86.1K]

Answer:

The correct option is D) The design of the study suffers from selection bias.

Explanation:

In research, Selection Bias occurs when the researcher decides who the respondents are or those who are being evaluated or studied.

Every research ought to be designed in such a way that the respondents are selected at random.

In the information provided, the respondents were selected from a group of people who on a balance of probability were already inclined to decline because it was a list of dissatisfied customers. The chances of them declining to respond or responding with a negative were higher than the chances of them indicating that they would buy and this defeats the purpose of the research. The research ought to have also included a sample of respondents who didn't have the product, who had enjoyed the services of the company and were content, those who didn't even know what the product did until they got the survey.

That way holistic information can be obtained from the research about how different sets of people will react and not just those who are already dissatisfied with the company's product(s).

Some of the ways to avoid selection bias in research are:

  • To employ the use of random techniques selecting sample sets from populations.
  • To check that the traits or characteristics of the larger population are well represented in the samples selected

Cheers

4 0
2 years ago
A pencil manufacturer is in a perfectly competitive market. The firm can sell as much as it wants at a price of $1.50 per pencil
Ierofanga [76]

Answer:

d. Continue production in the short run, but exit the business in the long run unless prices are expected to rise or costs to fall..

Explanation:

Currently, their sales revenue less variable cost is positive as it can sale at $1.50 dollars and the variables cost are less than that. Therefore, there are fixed cost thefirm can pay because it produce.

Now, in the long-run when the firm can exit the market it should consider to do so if it continues to get an average cost above the selling price.

3 0
3 years ago
Other questions:
  • A great way to keep followers up to date on your business is to utilize​ __________ online. A. comments and critiques B. orienta
    9·1 answer
  • You sell Apples and Banana. You are considering selling them together and separately. You have three types of buyers, Banana lov
    10·1 answer
  • Zappos employees are "driven" to participate in charitable activities and feel that giving back to the community is something th
    15·1 answer
  • Which of the following is the best way to get along with others in a diverse workplace
    12·2 answers
  • Sales and purchase-related transactions using perpetual inventory system The following were selected from among the transactions
    8·1 answer
  • At the heart of operations management is the transformation process through which inputs (resources such as labor, money, materi
    14·1 answer
  • The natural rate of unemployment is best defined as A. the state of the economy when there is zero unemployment. B. the rate of
    8·1 answer
  • Broker A is involved in an exclusive right to sell listing with his seller client, Seller S. After receiving the property condit
    5·1 answer
  • Is there anything in your personal, professional, or financial history that requires explanation?
    12·1 answer
  • In the study of internal control, the auditor uses sampling to compare the __________ to the __________.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!