Explanation:
precautionary demand for money is classified as money that are held to cover for unforeseen occurrence e.g, an accident or illness.
It should also be noted that: The amount of money held for such purposes is broadly dependent on the level of income and expenditure.
With more income the precautionary demand will increase because there are more likely to be surprises in the timing or magnitude of the correspondingly high expenditures
A higher rate of interest represents a higher opportunity cost of holding money for any reason, including the precautionary reason, and so leads to lower precautionary holdings.
Answer:
the balance sheet displays the company's total assets, and how these assets are ... found line items under Current Assets, Long-Term Assets, Current Liabilities, ... This account includes the balance of all sales revenue still on credit, net of any ... Capital
also assets =liabilites
Explanation:
Answer:
Date Account titles & Explanation Debit Credit
Apr-05 Merchandise Inventory $23,000
Accounts Payable $23,000
Apr-06 Merchandise Inventory $900
Cash $900
Apr-07 Equipment $26,000
Accounts Payable $26,000
Apr-08 Accounts Payable $3,000
Merchandise Inventory $3,000
Apr-15 Accounts Payable $20,000
($23,000-$20,000)
Merchandise Inventory $400
($20,000*2%)
Cash $19.600
The south state in which region obtain more of their revenue from the federal government than do most other states. In spite of the fact that numerous southern state receives a higher percentage of their revenues from the federal government that other regions, the south as a whole has traditionally delivered fewer government services. Part of the details why southern states dominate the most dependent classification is historical. Throughout the many years in the 20th century south was solidly self-governing its congressional legislative body in both the house and the senate was delight in great seniority that came to hold leadership positions on influential committees which they used to send federal dollars back to their home states in the form of contracts, projects and installations.
Answer: C) direct mail is favored by industrial and commercial property owners.
Explanation:
Direct mail advertising is the method still preferred by most industrial and commercial property owners. This is simply down to the fact that it enables them to build a prospective list of clients that they can always target. They then mail these clients professional ads when there is an opening. The benefit of this is that they are mailing to who they would consider to be an audience more likely to act on the information that way their efforts are not wasted.
