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Sidana [21]
3 years ago
12

Is the statement below true or​ false? ▼ True False . ​(Select from the​ drop-down menu.) The cash surplus can be used for a var

iety of purposes. In the​ short-term, they may replace their​ car, buy better​ furniture, or more quickly pay off their home.​ Alternatively, they may purchase stocks and​ bonds, or increase their savings for future needs. Investments in the stock market are generally designed to increase an​ individual's future​ wealth, the purchase of bonds typically allows one to at least retain their purchasing​ power, while investment in savings accounts provide liquidity.
Business
1 answer:
nlexa [21]3 years ago
5 0

Answer:

(A)  The cash surplus can be used for a variety of purposes. In the​ short-term, they may replace their​ car, buy better​ furniture, or more quickly pay off their home. TRUE

(B)Alternatively, they may purchase stocks and​ bonds, or increase their savings for future needs. TRUE

(C) Investments in the stock market are generally designed to increase an​ individual's future​ wealth, the purchase of bonds typically allows one to at least retain their purchasing​ power, while investment in savings accounts provide liquidity. FALSE

Explanation:

(A) The currency can be used to anything he owner wants.

(B) Correct, the ecnomics always define that a person after receiving his income has only two option available. It can used in consumer goods. Or it can saved  to invest

(C) The reason the stock and bonds exist is to raise fund for companys whichyield a return. The company takes the most benefit from this system as it would be difficult to convince a single peroson to invest a large amount in his business. Through sotck it can ask for fewer amount to more people but, this people will receive an income but it won't become rich for a couple shares.

As this part is not true, then the whole sentence must be catalogate as false.

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Transactions related to purchases and cash payments completed by Wisk Away Cleaning Services Inc. during the month of May 20Y5 a
yKpoI14uk [10]

Answer:

Wisk Away Cleaning Services Inc.

a) Purchases Journal

Date         Description                                  Debit                    Credit

May 3       Cleaning Supplies    14                  $200

                Accounts Payable (Brite N’ Shine Products Inc.) 2`1  $200

To record the purchase of cleaning supplies on account.

May 18     Cleaning Supplies   14                    $240

                Accounts Payable (Bio Safe Supplies Inc.)          21      $240

To record the purchase of cleaning supplies on account.

May 20    Electrical Service Expense 53       $110

                Accounts Payable (Bowman Electrical Service)  21      $110

To record the purchase of electrical repair service on account.

b) Cash Payments Journal

Date      Description                                                  Debit         Credit

May 1     Accounts Payable (Safe Supplies Inc.) 21  $345

             Cash Account      11                                                       $345

To record the issue of Check No. 57 in payment.

May 15  Accounts Payable (Bowman Electrical Service)  21  $145

             Cash       11                                                                               $145

To record the issue of Check No. 59 in payment.

May 26 Accounts Payable (Brite N' Shine Products Inc.) 21 $200

           Cash       11                                                                               $200

To record the issue of Check No. 60 in payment.

May 31 Salaries Expense    51                             $5,600

           Cash      11                                                                         $5,600

To record the issue of Check No. 61 in payment of salaries.

Explanation:

Journals are prepared to record transactions.  There are many types of journal.  They are classified according to the type of transactions.  There are purchases journal, sales journal, general journal, cash journal, etc.

6 0
3 years ago
A contest for an honor or an award is called?
seraphim [82]

Answer:

D. a competition.

Explanation:

A contest for an honor or an award is called a competition. The competition most times appears to be a thing not multiple people can attain at a time.

7 0
3 years ago
Read 2 more answers
An employee who is exhibiting intimidating behaviors that are discourteous/disrespectful, uncooperative, and/or verbally abusive
m_a_m_a [10]
Violent behavior is what I could think that would be called
7 0
3 years ago
Read 2 more answers
What other countries received significant monetary assistance from the marshall plan?
Kryger [21]
The countries involved in the Marshall Plan were mostly United Kingdom and France, however, 18 more countries were helped including Portugal, Turkey, Italy, Austria, Western Germany, the Scandinavian countries, and many more including even countries from Asia, but their plan was called differently and didn't fall directly under the Marshall Plan.
3 0
3 years ago
On January 1, 2016, Brian's stock portfolio is worth $100,000. On September 30, 2016, $5,000 is withdrawn from the portfolio, an
defon

Answer:

1.93%

Explanation:

The time weighted rate of return will be computed by combining the return at every time period demarcated by a withdrawal/addition.

<em>Time 1: Jan 1, 2016 to Sep 30, 2016</em>

start value = 100,000; end value = (105,000+5,000) = 110,000

Return = \frac{110,000}{100,000}=1.1

<em>Time 2: Sep 30, 2016 to Sep 30, 2017</em>

start value = 105,000; end value = 108,000

Return = \frac{108,000}{105,000}=1.028571

<em>Time 3: Sep 30, 2017 to Dec 31, 2017</em>

start value = (108,000 + 3,000) = 111,000; end value = 100,000

Return = \frac{100,000}{111,000}=0.900901.

Therefore, time weighted return

= (1.1 * 1.028571 * 0.900901) - 1

= 0.019305

= 1.93%.

3 0
3 years ago
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