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Assoli18 [71]
4 years ago
8

LeVon Fashions specializes in imported clothing. During March, LeVon completed a series of transactions. For each of the followi

ng items, give an example of a transaction that has the described effect on the accounting equation of LeVon Fashions.
Business
1 answer:
nadezda [96]4 years ago
8 0

Answer: Increase an asset , increase a liability.

Purchasing asset on account and getting long term Loan

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When the interest rate is above the equilibrium level, a. the quantity of money that people want to hold is less than the quanti
kkurt [141]

Answer:

D

Explanation:

When interest rate is above the equilibrium level, people would be less willing to hold cash. Instead they would prefer to save or invest in  interest-bearing bonds. This is because as a result of the higher interest rate, interest paid on their deposit and investment would be higher.

As a result of the increase in savings, there would be an increase in the supply of loanable funds over demand for loanable funds. This would lead to a reduction in interest rate until equilibrium interest rate is reached.

6 0
3 years ago
Where would you find every escrow entry showing the running balance after each receipt or disbursement?
spin [16.1K]
<span>You will find every escrow entry showing the running balance after each receipt or disbursement in a journal kept by the sponsoring broker. This journal must show the chronological order of the transactions when funds are received or disbursed by the sponsoring broker.</span>
7 0
3 years ago
Two firms are planning to sell 10 or 20 units of their goods and face the payoff matrix illustrated to the right. What is the Na
dolphi86 [110]

Answer:

D. The Nash equilibrium is for Firm 1 and Firm 2 each to produce 10.

Explanation:

                                                          Firm 2

                                          10 units                    20 units

                 10 units             30 /                         50 /

Firm 1                                         30                           35

                 20 units            40 /                         20 /

                                                  60                           20

(firm 1 /

          firm 2)

Firm 1's dominant strategy would be to sell 10 units with an expected payoff outcome = 30 + 50 = 80

Firm 2's dominant strategy would be to sell 10 units with an expected payoff outcome = 30 + 60 = 90

Since both firms have the same dominant strategy (to produce 10 units), there is a Nash Equilibrium where both firms produce 10 units and each one earns 30.

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4 years ago
Identity thieves can use your personal information to:
BlackZzzverrR [31]
Hack your personal accounts
5 0
3 years ago
Lever Brothers is considering an idea for a new liquid laundry detergent that contains a whitening agent. The company presented
Harlamova29_29 [7]

Answer:

<em>e. concept testing.</em>

Explanation:

Concept testing is the method of determining the likely reaction of the consumer to a product idea prior to advertising.

The purpose of concept testing is to verify that a product idea is superior over competitive solutions to help consumers get a job done through a work-to-be-done lens.

We need to know what measures consumers use to assess the successful implementation of the work-to-be-done to make this decision.

The concept testing procedures succeed because such consumer measures are developed around them.Using this approach is the only idea test method and is an important step in our cycle of development, Outcome-Driven Development (ODI).

3 0
3 years ago
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