Answer:
The right solution is Option A "buys $300000 worth rupees bonds".
Explanation:
Given:
Money multiplier,
= 3
Change in money supply,
= $900000
As we know,
⇒
Or,
⇒
On putting the values, we get
⇒
⇒ ($)
Answer:
Explanation:
The journal entries are shown below:
(a) a $415 credit balance before the adjustment.
Bad debt expense A/c Dr $685
To Allowance for Doubtful Accounts $685
(Being bad debt expense recorded)
Since the allowance for doubtful debts have a credit balance so this amount will be deducted. The computation is shown below?:
= (Outstanding accounts receivable × uncollectible rate) - credit balance
= ($55,000 × 2%) - $415
= $1,100 - $415
= $685
(b) a $291 debit balance before the adjustment.
Bad debt expense A/c Dr $1,391
To Allowance for Doubtful Accounts $1,391
(Being bad debt expense recorded)
Since the allowance for doubtful debts have a debit balance so this amount will be added. The computation is shown below?:
= (Outstanding accounts receivable × uncollectible rate) + debit balance
= ($55,000 × 2%) + $291
= $1,100 -+$291
= $1,391
A company that adapts its product mix to meet the needs of a new market is using the global marketing strategy of diversification. Diversifing refers to developing strategies that sell the same product or service, but are changed up depending on who they are marketing to. They could also diversify the product to match the market they are trying to reach, by customizing the product to meet different needs, they have a better chance of selling to many markets.
Answer:
Option
a) fall; rise, fall, or stay the same
Explanation:
Increase in saving increases the supply of loanable fund which increases the number of loanable funds and decreases real interest rate.
A decrease in the investment demand decreases both real interest rate and quantity of loanable funds.
the total effect is decreasing in real interest rate, but quantity loanable fund is ambiguous