I can’t answer this if I don’t know the question for it, I’m sorry love
Answer:
The credit terms stand for net 15 days after end of month.
Explanation:
An abbreviation EOM when appearing on an invoice stands for the end of the month. n/15 means net 15 days. Therefore, n/15 EOM in full is net 15 days after the of the month.
This credit term implies that the amount due is payable by the 15th day after the end of the month which the invoice was issued. The credit term does indicate any discounts. The invoice should be settled in full. The seller expects payment not later than the 15th day of the following month from the invoice date.
Answer:
Option (A) $130,000,000
Explanation:
Data provided in the question:
Excess reserves = $80,000,000
Checkable deposits = $500,000,000
Reserve requirement by the bank = 10%
Now,
The bank’s total amount of reserves will be
⇒ Reserve requirement × Checkable deposits
or
= 10% × $500,000,000
= 0.10 × $500,000,000
= $50,000,000
Hence,
the total amount of reserve = Required reserve + Excess reserves
= $80,000,000 + $50,000,000
= $130,000,000
Option (A) $130,000,000
Answer:
The correct answers is letters "A" and "B": LLC; Corporation.
Explanation:
Limited Liability Companies (LLCs) are businesses in the U.S. where owners do not share liabilities for the firm's operations. Though, taxes are passed to owners who file them in their tax returns. Corporations, as well, separate the entity from its owners, thus, they are not responsible for the entity's liabilities if it defaults. Corporate owners can borrow funds from the corporation, trade the property, and sign binding contracts.