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galina1969 [7]
3 years ago
10

​Otto is considering forms of business organization for Pro Tree Service, his landscaping firm. Like most states, Otto's state r

equires that to form a limited liability company, he must file with a central state agency​ Select one: a. ​articles of formation. b. ​articles of certification. c. ​no specific documents. d. ​articles of organization.
Business
1 answer:
mylen [45]3 years ago
7 0

Answer:

The correct answer is (d)

Explanation:

Otto state like most states in the US demands articles of organisation from the firm and organisations to form a limited liability company. In most of the states, it is compulsory to how an article of organisations which legally binds a company to follow all the rules and regulations. Article of organisation is also known as an article of formation.

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If a bank depositor withdraws $1000 of currency from an account, what happens to bank reserves, checkable deposits, and the mone
shusha [124]

Answer:

a) reserves fall by $1,000, checkable deposits fall by $10,000, and the monetary base remains unchanged

Explanation:

The bank reserves will decrease by the same amount that the client withdrew from the bank, in this case $1,000.

Since the required reserve ratio for checkable deposits is 10%, then the checkable deposits will decrease by 10 times the amount withdrawn from the bank ($1,000 x 10 = $10,000).

The monetary base remains unchanged since the money is still out there in the economy, it only changed from being in the bank to being in the client's pocket.

6 0
3 years ago
Neoclassical Model of Investment" (1 point): In class, we discussed the idea of net investment, and how it could change in respo
statuscvo [17]

Answer:

Take Note that the model has following relationship between investment and factors that affect it

Int = F(Ye, it, d, πe, tc, Kt-1)

Net investment is a function of

Expected output (Ye),

Rental or user cost of capital (such as nominal interest rate it),

Expected inflation (πe),

Corporate tax/ investment tax credit,

Existing stock of capital

For a given stock of capital,

A rise in expected output (Ye), increases investment

A rise in expected inflation (πe) increases investment

A rise in the investment tax credit increases investment.

A rise in nominal/real rate of interest decreases investment

A rise in corporate income tax decreases net investment

(a) Anti-inflationary monetary policy raises the real interest rate (r ↑). As mentioned, it will depress net investment as firms have to pay a higher rate of interest on the investment made. Such policy increases rental cost of capital and it will decrease the desired capital stock.

b) An earthquake destroys part of the capital stock (K ↓). This will reduce net investment, increases rental cost of capital and it will decrease the desired capital stock.

(c) Immigration of foreign workers increases the size of the labor force (L ↑). With more workers to share the capital stock, marginal producivity of capital rises and so net investment increases. This decreases rental cost of capital and it will increase the desired capital stock.

(d) Advances in computer technology make production more efficient (A ). This causes the net investment to increase as the marginal productivity of capital will increase. This decreases rental cost of capital and it will increase the desired capital stock.

Explanation:

6 0
3 years ago
Crane purchases equipment by signing a note payable with the equipment dealer for $10,000. The accounts affected for Crane are _
maxonik [38]

Answer:

Equipment and notes payable

Explanation:

Since the equipment is purchased by signing the note payable which affected the two accounts i.e equipment and the note payable. In this, the cash transaction is not involved, so cash should not be considered

The journal entry would be

Equipment A/c Dr $10,000

        To Notes payable $10,000

(Being the equipment is purchased  by signing a note payable)

7 0
3 years ago
Jackson Drilling Company (JDC) is a U.S. multinational firm that conducts business and holds funds throughout Europe and Asia. T
miss Akunina [59]

Answer:

The correct answer is letter "B": An Eurodollar deposit.

Explanation:

A Eurodollar deposit refers to the act of depositing large amounts of money outside the U.S. most of the time to avoid levies and responsibilities. The deposits are not necessarily sent to European countries, it could be anywhere around the world. Most preferred destinations are the Bahamas and Cayman Islands which are considered tax havens.

5 0
3 years ago
Keenan has won the lottery for $10,000,000. He is offered a cash payment now of $7,500,000, or 10 annual payments of $1,000,000.
Katarina [22]

Answer:

a) 5,6%

b)$16 191 937.48

Explanation:

Download docx
7 0
3 years ago
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