Answer:
Unearned Fees ($3,600 × 6 months ÷ 12 months) $1,800
To Advertising revenue $1,800
(Being the adjusting entry is recorded)
Explanation:
The adjusting entry is shown below;
Unearned Fees ($3,600 × 6 months ÷ 12 months) $1,800
To Advertising revenue $1,800
(Being the adjusting entry is recorded)
Here we debited the unearned fees as it decreased the liability and credited the advertising revenue as it increased the revenue account
The six months could be computed from June 1 to December 31
Answer:
ii) in a fractional-reserve banking system, each dollar of reserves can support more than one dollar of deposits, thereby increasing the money supply by more than $1.
Explanation:
In a fractional-reserve banking system, banks only keep a fraction of total deposits on hand. They will usually only keep the amount required by the Fed, which is called the required reserve ratio. Banks will lend the rest of the money to customers, since they make money by borrowing from customers and lending it at higher rates.
E.g. you deposit $1,000 in the bank. The bank is required to keep 10% in reserves, but lends $900 to another client. That client will spend the money and purchase something. The seller of that good or service then deposits the money into his/her bank. That second bank will then separate $90 as reserves and lend $81 to a different client which will again purchase something, and the cycle goes on...
Answer:
Option (A) is correct.
Explanation:
Given that,
Mean daily demand, M = 20 calculators per day
Standard deviation, SD = 4 calculators per day
Lead time for this calculator, L = 9 days
z-critical value (for 95% in-stock probability) = 1.65 (From z tables)
Normal consumption during lead-time:
= Mean daily demand × Lead time
= 20 × 9
= 180 units of calculator
Safety Stock = z value × SD × L^(0.5)
= 1.65 × 4 × (9)^(0.5)
= 1.65 × 4 × 3
= 19.8 units
Reorder Point = Normal consumption during lead-time + Safety Stock
= 180 units + 19.8 units
= 199.8 or 200 units (Approx)
I think the answer is depend on it family but for me its will become less safe because they have the children
Answer:
The correct answer is the option B: Coordinating with others to assure steady progress on the task.
Explanation:
To begin with, a great manager may have many traits that allows him and the company to encourage to improve the performance of the employees to establish a better production or client service. However, when talking about a manager that must focus on the organization of the operations for example, then that person must know how to coordinate (organize) his entire team of employees and also of co-workers at the same level to make sure that a steady progress of the production, of every day task, is being carried properly or at least the best way as possible. Therefore that the correct answer is that a trait that is shared by managers who are adept in the organizing function is to coordinate with others to assure the steady progress on the task in order to make everything go as planned.
