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Olin [163]
2 years ago
11

Your uncle repays a $450 loan from Tenth National Bank (TNB) by writing a $450 check from his TNB checking account. Assume these

funds are the only loans and deposits available for your uncle and the bank. Complete the following T-accounts for your uncle and TNB before your uncle repays the loan. Your UncleAssets LiabilitiesTenth National BankAssets LiabilitiesComplete the following T-accounts for your uncle and TNB after your uncle repays the loan. Your UncleAssets LiabilitiesTenth National BankAssets LiabilitiesYour uncle’s wealth has changed.A. TrueB. False
Business
1 answer:
katrin [286]2 years ago
6 0

Answer:

Uncle accounting:

         Cash              Note Payable        

DEBIT   CREDIT      DEBIT      CREDIT

             450             450

Bank Accounting

         Cash              Note Receivables

DEBIT   CREDIT      DEBIT      CREDIT

450                                              450

B.- False

Explanation:

The uncle will see a decrease in their assets (cash) and a decrease i ntheir liabilties(Note payable)

Therefore their net equity (wealth) will remain the same

The bank will record the collection from their client and decrease their receivables.

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At MultiMarkets, a chain of retail stores, top management decided to respond to the growing challenge of online retail websites
Kobotan [32]

Answer:

False

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Explanation:

In a corporation, decentralized planning means that some planning functions and decision making processes are delegated to lower level managers.

In this case, MultiMarkets' upper management is delegating planning functions to local store managers as a way to respond to an increase in online retailing.

4 0
3 years ago
According to the goldman sachs video case study on the factory of the future, which one of the following developments was not de
Schach [20]

Daniela Costa, head of the European Capital Goods Equity Research team in Goldman Sachs Research, outlines three key drivers of this development, which could provide more than $500 billion in combined savings for manufacturers and customers.

Goldman Sachs is an American multinational funding financial institution and monetary offerings company. Founded in 1869, Goldman Sachs is situated at 2 hundred West road in decrease big apple, with local headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, and Salt Lake town, and extra places of work in different global monetary facilities. Goldman Sachs is the second biggest investment financial institution in the international through sales and is ranked 57th at the Fortune 500 listing of the largest united states of America companies by overall revenue. It's miles considered a systemically critical financial institution by way of the economic balance Board. The employer has been criticized for a lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. Federal government thru a "revolving door" of former employees, and using up charges of commodities through futures hypothesis.

Learn more about Goldman Sachs here

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3 0
9 months ago
Your employer has asked you to start working overtime and has offered to pay $18 per hour for every hour you work beyond forty h
Aloiza [94]

Answer:

The marginal benefit of working each hour of overtime is $18.

Explanation:

<em>Marginal Benefit</em> refers to the maximum price I would pay for a second (or more) product or service.

In this case, the employer is willing to pay for each extra hour the amount of $18, which means that the <em>Marginal Benefit</em> increases.

It is considered, that the perceived value by the employer for each extra hour is $18.

7 0
3 years ago
Emphasizing personal selling rather than mass media advertising is an example of a __________ strategy.
Ronch [10]

Answer: personal selling rather than mass media advertising in the promotional mix  the firm is using a Standardized strategy

Explanation:

Hope this helps <3

4 0
3 years ago
What dividend yield would be reported in the financial press for a stock that currently pays a $1 dividend per quarter and the m
Anna35 [415]

Answer:

Dividend yield = 8.88 %

Explanation:

Data provided in the problem:

Dividends per quarter = $ 1

thus,

dividend per year =  $ 1 × 4 = $ 4  ( because 1 year consists of 4 quarter)

stock price =  $ 45

therefore,

dividend yield = ( Dividend per year / stock price ) × 100 %

on substituting the values, we have

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or

Dividend yield = 8.88 %

6 0
2 years ago
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