If the marginal propensity to consume equals 0.9, the simple spending multiplier is

Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with intere

Alex Ar [27]

Answer:

The correct answer is letter "A": Account A.

Explanation:

Compound interest is the interest an investor earns on the original investment plus all the interest earned on the interest that has accumulated over time. It is also called <em>interested on interested</em>. The frequency of compounding could be scheduled from daily to annually. The more frequent the compound interest is set, the most beneficial it is for the investor.

In that sense, account A will provide Julian with the highest annual return since it gives him a compound interest on a monthly basis v. annually with account B.

6 0

3 years ago

According to the situational leadership theory, if employees are unwilling and unable, the appropriate leadership style in this

Yuri [45]

Answer:

directive

Explanation:

Directive leadership is a form of leadership, often employed by managers or supervisors in mostly a situation whereby the task to be carried out or done is intricate or difficult and the employees assigned to it, are unwilling and unable. This style of leadership is considered the most appropriate or effective according to situational leadership theory.

Hence, the correct answer in this situation is DIRECTIVE.

8 0

2 years ago

ave a cash refund of $750 to a customer because of a lost package. (The customer had previously paid in cash.) Sent a check for

Kaylis [27]

Explanation:

The Journal Entry is given below:-

1. Fees income Dr, $750

To cash $750

(Being fees income is recorded)

2. Utilities expense Dr, $1,050

To cash $1,050

(Being utilities expense is recorded)

3. Accounts receivable Dr, $7,800

To fee income $7,800

(Being services provided is recorded)

4. Equipment Dr, $4,600

To cash $4,600

(Being equipment purchase is recorded)

5. Accounts payable Dr, $3,500

To cash $3,500

(Being payment of is recorded)

6. Cash Dr, $15,250

To fee income $15,250

(Being cash receive is recorded)

7. Cash Dr, $6,250

To Accounts Receivable $6,250

(Being cash receive is recorded)

8. Cash Dr, $25,000

To capital $25,000

(Being additional investment is recorded)

9. Supplies Dr, $3,250

To accounts payable $3,250

(Being purchase of supplies is recorded)

10. Rent expense Dr, $3,750

To cash $3,750

(Being rent expenses is recorded)

8 0

3 years ago

21. Randall and Kim both work for a package delivery company. Randall drives a delivery truck and Kim manages the incoming and o

natali 33 [55]

Answer:

Randall delivers the packages to people all in the area. Kim can give direction and tell him what and where to deliver things.

3 0

2 years ago

38-41. X Corporation exchanged a warehouse located in New York for a warehouse located in New Jersey. The adjusted basis of the

garik1379 [7]

Answer:

$33,000

Explanation:

The computation of the amount realized by X corporation is given below:

= Fair market value to the exchange + cash received

= $25,000 + $8,000

= $33,000

For determining the amount realized by X corporation we simply added the above two items so that the correct amount could come

6 0

3 years ago