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aev [14]
3 years ago
5

The employees of Sinclair Services Company worked the last two weeks of December. They received their paychecks on January 2. Wh

ich of the following accounts should appear on the balance sheet as of December 31? A) Salaries Payable B) Salaries Expense C) Prepaid Expense D) Accounts Payable
Business
1 answer:
Anna35 [415]3 years ago
3 0

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.

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When developing the advertising program, specifying the advertising objectives helps advertisers with other choices in the process such as selecting media and evaluation.

A media planner determines the schedule of advertisements, including specific times and durations of advertisements.

Advertising program has its three main goals: to inform, to persuade, and to remember. Informative advertising increases awareness of brands, products, services, and ideas. You can announce new products and programs and educate people about the features and benefits of new and established products.

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7 0
2 years ago
Which of the following is not a core component to the federal reserve bank?
galben [10]
The answer is b. department of the treasury
7 0
3 years ago
Read 2 more answers
If the required reserve ratio is 2.50 percent, what is the monetary multiplier? if the monetary multiplier is 5, what is the req
ludmilkaskok [199]

If the required reserve ratio is 2.50 percent, the monetary multiplier is 40.

The money multiplier gives us the ratio of deposits to reserves (i.e. 1/R). That means, if the reserve ratio is 2.50% (i.e. 0.025), the money multiplier is 40 (i.e. 1/0.025). Thus, an initial deposit of USD 1,000 will end up creating a total of USD 40,000 in new money.

If the monetary multiplier is 5, the required reserve ratio is 20%.

Playing with the original multiplier formula, we can derive that R=1/m (m is money multiplier). If the money multiplier is 5, then the reserve ratio is 20% (i.e. 1/5 or 0.20).

8 0
3 years ago
tuttle enterprises is considering a project that has the following cash flow and weighted average cost of capital (wacc) data. w
erica [24]

Tuttle enterprises are considering a project that has the following cash flow and the weighted average cost of capital (WACC) data. The projected net present value is 074.36.

A project's net present value is the sum of the destiny values of the net coin flows compounded at the desired fee of going back minus the net funding. if safety gives a series of coin flows with an NPV of $50,000 and an investor will pay exactly $50,000 for it, then the investor's NPV is $0. It method they'll earn something the cut price charge is on the security.

Net present value or NPV is the sum of the prevailing value of coins inflows and outflows. In other phrases, it's far the distinction between the present values of cash inflows and the prevailing value of cash outflows over a while.net gift cost shows how a lot of money an assignment or investment will advantage or lose in terms of the present-day budget. future coins drift would not carefully mirror the current cash drift of an undertaking because of the impact of factors along with inflation and lost compound hobby so NPV adjusts for this reason.

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8 0
2 years ago
Assume that a country with an open economy has a fixed exchange-rate system and that its currency is currently overvalued in the
olasank [31]

Answer: b. The quantity of the country's currency supplied exceeds the quantity demanded.

Explanation:

A country operating a fixed-exchange rate system would be actively trading its currency to ensure that it remains at a certain rate. If the currency is overvalued, it means that the currency is actually weak and is being propped up by the company's actions in the forex market.

A reason for the weakness would be that the supply is higher than the demand of the currency which means that, as per the rules of supply and demand, the currency is trading at a lower price, i,e., it is weak.

7 0
3 years ago
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