Answer:
The reason is that high rates of money growth actually lower interest rates.
Explanation:
During economic hardship, governments employ expansionary fiscal policy: this policy consists in the central bank (the Fed in the case of the U.S.) printing money to lower interest rates. The reason is that more money in the economy raises the availability of loanable funds, and this reduces in turn the interest rates that securities pay.
Government bonds, being the safest security, will have their interest rates reduce substantially during times of high money growth due to expansionary fiscal policy.
Answer:
See explanation below
Explanation:
The following will be selected in excel via the drop-down menus.
Dr; Account name = Bad debt expense/Dad debt written off $ 1200
Cr; Account name = Accounts Receivable $ 1200
The company uses the direct write-off method thus these will be the journal entries.
No matter what anyone says a liability is something that cost you money or that you have to spend money to keep
<span>-B People should evaluate different forms of savings vehicles based on their needs.
</span>
Answer:
a. J&H Corp.'s net operating working capital is $105.0 million.
d. The company has no notes payable reported in its balance sheet, so all its current are its operating liabilities.
Explanation:
cash $245
short term investments $259
accounts receivable and inventory $196
total current assets = $700
long term assets = $1,120
total assets = $1,820
total liabilities = $595
total equity = $1,225
options:
a) net operating working capital = current assets - current liabilities = $700 - $595 = $105
b) there is no information about the company's profits or the average profits for other companies in the same industry (SO OPTION B IS WRONG)
c) net operating capital = current assets - current liabilities (SO OPTION C IS WRONG)
d) correct, since the company doesn't have any long term liabilities, all of its liabilities must be current or operating liabilities
e) there is no way to determine this from the information provided (SO OPTION E IS WRONG)
