Answer:
A) Salaries Payable
Explanation:
The Balance sheet consists of all assets and liabilities account and the personal account whereas. Since employees had worked for last two weeks in Dec and their payment is still due on Dec 31 so it’s a liability on part of company account and its recognized in form of salaries payable and shown under current liability side.
Answer:
The transaction will generate a buyer surplus of $2,000 and a sellers surplus of $3,000
Explanation:
A consumer values a car at $20,000
It costs a producer $15,000 to generate that same car
The transaction is complete at $18,000
The first step is to calculate the buyer's surplus
= $20,000-$18,000
= $3,000
The seller's surplus can be calculated as follows
= $18,000-$15,000
= $3,000
Hence the transaction will generate a buyer surplus of $2,000 and a sellers surplus of $3,000
Answer
$92.225
Explanation
Straight pay is calculated by multiplying the hourly rate by the number of hours you worked. 11.90dollars by 7.75 equals 92.225dollars.
Ok let me help you with these questions:
<span>a. The Percentage excess reserve formula can be expressed as (excess reserve required)/(total reserve). We know the required amount is $100B less than $240B, or $140B, and that the total reserve is $1000B, thus we can do it like this
Percentage </span>excess reserve<span>= (140B)/(1000B) = 14%
</span><span>b. We can use the same formula but using 240 instead of 140, So it would be:
Percent excess reserve = (240B)/(1000B) = 24%
</span>c. I<span>f the existing excess reserves were eliminated t</span>he deposits would be locked in the financial institutions and not be able to be removed until additional deposits were made
Answer:
currency offset
Explanation:
In simple words, An alternative means taking an opposing part in the stock markets in comparison to an initial starting position. In company, an offset may relate to the situation where damages arising from one business segment are compensated for by profits from another.
Within the financial markets, a investor joins an analogous, but contrary, contract to cover a futures contract that excludes the actual underlying delivery obligations. Thus, we can conclude that the given case illustrates offset settings.
