Answer:
The correct option is d)
bank failures reduce the money supply, increase the interest rate and cause high inflation .
The correct option for the second question is a)
caused partly by the increase in government spending including spending to bail out failed financial institutions and by the deep decline in tax revenues as incomes and profits fell.
Explanation:
The recessions accompanied by a financial crisis are more severe than recessions that do not involve bank crises because ;
bank failures reduce the money supply, increase the interest rate and cause high inflation.
The large budget deficits of $1.4 trillion in fiscal year 2009 and $1.3 trillion in fiscal year 2010 were
;
caused partly by the increase in government spending including spending to bail out failed financial institutions and by the deep decline in tax revenues as incomes and profits fell.
Answer:
c. technological
Explanation:
General environment of an organization refers to those facets of the environment which are not specific to just one organization but applicable to all, which affect an organization such as political factors, technological factors, economic factors, legal factors and cultural factors.
For example, political factors would relate to change in the political structure in which the organization operates. Legal factors would be change in laws and law amendments applicable to an organization.
Technological factors refer to changes in technology or technological advancements. Any invention would be categorized as a technological development as such aspects did not exist before.
Thus, this is a case of technological development.
Answer:
Segmentation based on product usage
Explanation:
This is the process where by a Market research is carried out to know the frequency of the customers product usage there by allowing the company to be able to align its product with the given statistics. In other to push up the product usage advertisement campaigns are made to let the customers understand new uses of the products.
Answer:
Dr cash $310,831
Dr discount on bonds payable $29,169
Cr bonds payable $340,000
On 30th June 2021
Dr interest expense $ 15,542
Cr cash $15,300
Cr discount on bonds payable $242
On 31st December 2021
Dr interest expense $ 15,554
Cr cash $15,300
Cr discount on bonds payable $254
Explanation:
The bond issued at a discount is the first bond whose cash proceeds of $310,831 were less than face value of $340,000.
Discount=face value -cash proceeds=$340,000-$310,831=$29,169.00
Find attached bond amortization schedule.
Answer:
$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.
Explanation:
If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:
Date XXX, merchandise sold on credit to client YYY, terms 1/10, n/30
Dr Accounts receivable 2,600
Cr Sales revenue 2,600
Dr Cost of goods sold 1,700
Cr Merchandise inventory 1,700
