Answer:
B, The quantity demanded is the same as the quantity supplied.
Explanation:
Because the quantity supplies must be at lest equal to the quantity demand, in order to satisfy the market and not lost it.
Answer:
Repos result in a temporary increase in a bank's reserves and maintain liquidity in the banking system. Banks can sell reverse repos back to the Federal Reserve at a higher price in a short period of time.
Explanation:
i just took the test
The number of years it will take for the guitar to be valued at $768 given the initial value and the rate of depreciation is four years.
In how many years will the guitar be valued at $768?
When an asset depreciates,it means that with the passage of time, the value of he asset declines.
Number of years = (In FV / PV)/r
FV= future value = 768
PV = present value = 1875
r = rate of depreciation =20
(In 768 / 1875) / 0.2 = 4 years
What is the rate of depreciation?
Depretiation is the systematic allocation of the depreciable amount of an asset over its useful life.
The depreciable amount of an asset is the cost of an asset or other amount substituted for cost, less its residual value.
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Answer:
A business management degree focuses more on planning and organizing, whereas a degree in business administration provides a broad background and then allows the student to focus on a specialized area of business.
Answer:
The journal entry which is to be made for the June is shown below:
Explanation:
The journal entry which is to be made for the June is as:
Supplies expense A/c..................................Dr $3,500
Supplies A/c..........................................Cr $3,500
Being record the supplies which were used by the business during operations
The supplies expense is debited against the supplies accounts which were used by the business during June.
Working Note:
Amount = Purchased amount supplies - Inventory of supplies on hand
where
Purchased amount supplies is $4,500
Inventory of supplies on hand is $1,000
So,
Amount = $4,500 - $1,000
= $3,500
