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Ulleksa [173]
3 years ago
5

The in-group represents people that interact with one another regularly on the internet. true or false

Business
2 answers:
oee [108]3 years ago
8 0

The correct answer is False

Explanation:

In societies, in-groups refer to the group of people we interact the most; this includes friends, family, and peers. This type of group is defined as in-group because individuals form close bonds with people in the group because they have a sense of belonging in these groups. Additionally, in terms of interaction in-group are characterized by long-term, constant and face to face interaction. This implies it is false the in-group represents people that interact with one another regularly on the internet because people in in-group interact through face-to-face interaction as they know each other and have close bonds that cannot be formed through the internet.

Butoxors [25]3 years ago
6 0
False
   I just took the test
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ervis sells $75,000 of its accounts receivable to Northern Bank in order to obtain necessary cash. Northern Bank charges a 5% fa
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Answer:

Debit Cash account      $71,250

Debit Factoring charge   $3,750

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Explanation:

Factoring accounts receivable involves the sale of the account receivable to another party such that the debt is now payable to that party. This is usually done to ease liquidity and at a charge.

When receivables are factored,

Debit Cash account

Debit Factoring charge

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Charge on factoring =  5/100 × $75,000

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Amount to be received = $75,000 - $3,750

= $71,250

3 0
3 years ago
Surist, Inc. purchased merchandise for $300,000, received credit for purchase returns of $20,000, availed purchase discounts of
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Answer:

Ending inventory balance........................<u>$497,000</u>

Explanation:

If Surist, Inc. purchased merchandise for $300,000, and received credit for purchase returns of $20,000, and was availed purchase discounts of $5,000, and paid transportation in of $12,000. If Surist, Inc. had $30,000 in beginning inventory, and sold goods costing $180,000, Then the ending inventory balance can be derived as:

Beginning inventory....................................$30,000

Add: Purchases of merchandise ......... $300,000,

Less: Purchase returns of ........................($20,000)

Less: Purchase discounts of .....................($5,000)

Add: Paid transportation of .......................$12,000.

Less: Cost of Goods Sold....................... <u>($180,000)</u>

Ending inventory balance........................<u>$497,000</u>

7 0
3 years ago
Uptown Interior Designs is an all-equity firm that has 40,000 shares of stock outstanding. The company has decided to borrow $74
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Answer:

The answer is $1,409,600

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Value of firm also known as enterprise value is the value of a company at a particular point in time.

The firm value can be calculated by multiplying the total number of shares outstanding by the current share price of the firm.

In this question, the price of the borrowed fund is:

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Therefore, total value of the firm is

40,000 outstanding shares x $35.24 = $1,409,600

Please note that $1,409,600 has been rounded up.

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3 years ago
Which of the following actions would cause an increase in the level of reserves in the banking​ system?(A) A customer withdraws
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Answer:C

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If the Federal Government buys bonds, it means it is increasing money supply on the market. Prices and interest rates therefore increase including the reserve ratio

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