Answer:
I don't understand the language
Answer:
The Central Bank is trying to increase money supply.
Explanation:
When the Central Bank makes moves to increase reserves, it means that it is simply trying to mop up excess cash from the economy to fight inflation. Spiking inflation means that the power of a currency is gradually being eroded. The Central Bank cannot allow this to happen so it hits the "Reduce Money In Circulation" button. It does this by reviewing upwards, the money reserves which commercial banks must hold with the Central Bank.
It can also increase the rate at which it lends to the Commercial Banks and Investment houses. Commercial Banks, in turn, transfer the additional cost of borrowing to businesses who will seek loans. This slows down the rate at which money is pumped into the economy.
In the question, however, we notice that the Central Bank has enervated its reserves. This means that it is pumping more money into the economy. This economic move may have been executed to prevent the economy from slipping into a recession or simply to stimulate the economy.
In the short run, increased money supply means, businesses have more access to funds from commercial banks. More funds mean, more investment. Increased investment spending means the businesses will need to expand operations, hire more staff, and the multiplier effect goes on and on.
Cheers!
Answer:
The total liabilities for the next year amount to 37163 $.
Explanation:
To calculate the liability we will use the simple equation given below.
Asset-equity=liability
Assets-RE=Liability
Current year Change* Next Year
Assets 180,506.00 29,506.00 151,000.00
Common Stock (11,365.00) 0 (11,365.00)
Retain Earning (92,472.00) (10,000.00) (102,472.00)
Liability- BaL figure 76,669.00 37,163.00
*Retain earning= Net profit- dividend
Hence balancing figure that is 37,163 dollars is liabilty for next year,
Answer:
Revenue for Smart Suiting is $521,306.
Explanation:
Revenue is the business operational source of finance. IFRS has made standards for revenue recognition which need to be followed by all organizations. The revenue should be calculated after deducting trade and cash discounts. If there is any sales return it should be deducted from the gross revenue figure. Net revenue should be reported in the Income Statement.
Thank you for the points man ;)
