Answer:The correct option is 'd': The interest rate.
Explanation:
According to Liquidity preference theory money is considered as 'liquid' meaning that liquidity preference is the demand for money.
According to this theory if our investments are more liquid then we ought to cash in for full value as cash is often accepted as most liquid asset.
Thus the liquidity of cash can be controlled by adjusting the interest rates as equilibrium in the money markets is achieved when the demand equals the supply.
Answer:hes wrong i just failed a mf test cause of it the right answer is bootstrapping on oddy
Explanation:
Answer:
B. Work-in-Process Inventory-Dept. 2 750 Work-in-Process Inventary Debit. 1 750
Explanation:
The journal entry to record this transaction is shown below:
Work-in-Process Inventory A/c - Department 2 $750
To Work-in-Process Inventory A/c - Department 1 $750
(Being the completed units are transferred)
For recording this transaction we debited the work in process department 2 and credited the work in process department 1
Answer:
Option (b) is correct.
Explanation:
Sale value of the merchandise = $74,900
Sales tax liability = $74,900 × (7% ÷ 107%)
= $4,900
Sale value prior to sales tax = $74,900 - $4,900
= $70,000
Sales tax @7% on $70,000 = $4,900
Hope the above calculation will clear the concept since the question clearly mention that
Calhoun Crockery sold merchandise; the total proceeds collected, including a 7% sales tax, amounted to $74,900.
This $74,900 includes 7% tax also it means that the collected proceed is 100% + 7% = 107%
which includes 7% tax liability.
The similarity between being self-employed and owning a business out of the above choices is that you or your business produces something. Whether you personally make it or you own a business that produces something, something is being produced. You are your own boss in both situations, you likely make all of the decisions in both but with owning your own business there is a team that can help. Normally if you are self-employed you can't take time off and generate revenue because you are the sole worker.