Answer:
the answer is personal income
So, 30 billions were borrowed and 50 billion were returned, which means that the amount returned was bigger than the amount borrowed. This means that the there is now less money in the circulation (on people's accounts, money being exchanged between people), which means that the money supply decreased.
Answer:
The answer is A. $3,800 gain.
Explanation:
As there is no significant influence achieved in the investee, the company should use Fair value method to record these two investment.
For investment in Colt, its beginning balance for the year 2020 should be equal to its fair value in 31 Dec 19 or $37,000. As it is sold in 10 Feb 20, the Gain realized in 2020 is Selling price - 37,000 or 42,000 - 37,000 = $5,000.
For investment in Dana, its beginning balance for the year 2020 should be equal to its fair value in 31 Dec 19 or $14,200. As it is sold in 17 Jan 20, the Gain realized in 2020 is Selling price - 37,000 or 13,000 - 14,200 = $(1,200).
So, total Gain reported in 2020 for these investments = 5,000 - 1,200 = $3,800 gain.
Answer: All business cannot be insured, some business that involved gambling ,speculation loss of profit through competition and through fall in demand cannot be insured
Explanation:
Insurance is a pool of risk, it is a wise choice made by a business organizations against unforeseen circumstances. The business is said to be full of risk, having said that not all the risk of business can be insured. The following risk cannot be insured
Gambling : This is a game of chance in which the winner takes all, based on these it is difficult for insurance company to properly calculate the premium in which losses incurred on gambling business can be based.
Speculation : This is the business which involved buying and selling of shares with the hope of making huge profit when the price is higher. Such a business has a high chance of risk which cannot be correctly calculated which made such business difficult to insure.
Loss of profit through competition : Competition in business is inevitable but insurance company cannot insure loss of profit through competition because business can rely on this to involved in careless competition in a bid to make profit.
Loss of profit through fall in demand : The demand in the goods and services produced by a business may fall due to certain factors. Insurance do not insure loss of profit through fall in demand due to the fact that it is difficult to calculate the premium that the business will pay to the insurance company to insure such loss of profit through fall in demand.
