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3 years ago

What is the current value of a future sum of money called?

1 answer:

4 0

It seems that you have missed the necessary options for this question, but anyway, the correct answer for this would be PRESENT VALUE. The current value of a future sum of money is called a present value. Hope this is the answer that you are looking for. Have a great day!

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If the reserve requirement is 20% and commercial bankers decide to hold additional excess reserves equal to 5% of any newly acqu

Romashka [77]

Answer: 4

Explanation:

Based on the information provided in the question, the effective monetary multiplier for the banking system will be calculated as:

= 1/Reserve ratio

= 1 / (20 + 5%)

=1/(0.20+0.05)

= 1/0.25

= 4

Therefore, the effective monetary multiplier for the banking system is 4.

8 0

3 years ago

The above plot shows three fits to data a student collected in a load deflection test: linear, power function, and log-linear. t

Viefleur [7K]

It is log-linear which is the best fit to the data?

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3 years ago

Sam is getting his bachelor's degree. During some of his course work, he honed his research skills and learned to

AleksandrR [38]

The correct answer is Journalism

Explanation:

Journalism is one of the careers that most require the use of communicative and research skills. This is because journalists are expected to gather information about important local, national and global events, which requires the use of research skills, and later they are expected to communicate the information precisely, concisely, and confidently, which requires the use of communicative skills. In this context, the career Sam is preparing for is journalism because this is the only one from the options that would require Sam to research and then communicate information confidently.

4 0

3 years ago

Read 2 more answers

Scott says, Weve gotten better because weve brought in more brain power, more creativity, and weve allowed people to use it, ind

julsineya [31]

Answer:

1. true

Explanation:

This focus is most often found in organizations in the life cycle stage.

The organization Life Cycle stage consists of Entrepreneurial, Innovating, Stabilizing and Growth processes . The innovative and Entrepreneurial stages involve thinking , creative and finding solutions to crises in which testing of different ideas are included.

The innovative stage requires the next thinking applicable strategy for the organization . It may require a lot of creativity or new ideas to make things work out.

4 0

4 years ago

REM Real Estate received a check for $27,000 on July 1 which represents a 6 month advance payment of rent on a building it rents

vovikov84 [41]

Answer:

Debit Unearned Rent Revenue $4,500

Credit Rent revenue $4,500

Explanation:

Amount received in advance is recorded as a debit to cash account and a credit to deferred or unearned revenue. When revenue is earned, the amount earned is credited to revenue and debited to the deferred revenue account.

As such, where REM Real Estate received a check for $27,000 on July 1 which represents a 6 month advance payment of rent on a building, initial entries required are

Debit cash account $27,000

Credit Unearned Rent Revenue $27,000

when financial statements are prepared for July 31, one month revenue would have been earned. This is equivalent to

= 1/6 × $27,000 = $4,500

Adjusting entries required

Debit Unearned Rent Revenue $4,500

Credit Rent revenue $4,500

7 0

3 years ago