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3 years ago

Bank panics:

1 answer:

7 0

The answer to this question is letter B.

Bank panics are a risk of fractional reserve banking but are unlikely when banks are highly regulated and lend prudently. Bank panic is a situation where a financial crisia occurs when depositors will try to convert their deposits into cash or withdraw their deposit in the bank. In order for the banks to prevent this kind of crisis, banks will have to keep a higher reserves and commercial banks should be kept regulated always.

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Skill-biased technological change ______ the demand for high-skilled workers, while the slowdown in the pace of educational adva

ahrayia [7]

Answer:

Increases; higher

Explanation:

Skill-Biased Technology Change can be referred to as a shift in the production technology that takes preference of high skilled labour or workers over unskilled labour or workers.

This is achieved by increasing its relative productivity and, therefore, its relative demand.

Also, human capital is the accumulated knowledge (from education and experience), skills, and expertise. When education advancement reduces human capital reduces which at the long run reduces the number of skilled labours.

If there's a reduction in the number of skilled labours, then firms and organisations will be willing to pay huge sum of keep their available skilled labour and to hire new ones.

5 0

4 years ago

Read 2 more answers

Adison Winery had beginning long-term debt of $41,436 and ending long-term debt of $46,883. The beginning and ending total debt

Blizzard [7]

Answer:

-$976

Explanation:

Adison winery has beginning long term debt of $41,436 and ending long term debt of $46,883

The beginning and ending total balance were $51,283 and $56,480

The company paid an interest is $4,471

Therefore the company cash flow to creditors can be calculated as follows

= $4,471-($46,883-$41,436)

= $4,471 - $5,447

= -$976

Hence the operating cash flow to the creditors is -$976

5 0

3 years ago

Tracy Company, a manufacturer of air conditioners, sold 100 units to Thomas Company on November 17, 2016. The units have a list

Furkat [3]

Answer:

a. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2021, assuming that the gross method of accounting for cash discounts is used.

November 17, 100 units sold to Thomas Company, terms 2/10, n/30

Dr Accounts receivable 42,000

Cr Sales revenue 42,000

November 26, invoice collected from Thomas Company

Dr Cash 41,160

Dr Sales discounts 840

Cr Accounts receivable 42,000

b. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2021, assuming that the gross method of accounting for cash discounts is used.

November 17, 100 units sold to Thomas Company, terms 2/10, n/30

Dr Accounts receivable 42,000

Cr Sales revenue 42,000

December 15, invoice collected from Thomas Company

Dr Cash 42,000

Cr Accounts receivable 42,000

c. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2016, assuming that the net method of accounting for cash discounts is used.

November 17, 100 units sold to Thomas Company, terms 2/10, n/30

Dr Accounts receivable 41,160

Cr Sales revenue 41,160

November 26, invoice collected from Thomas Company

Dr Cash 41,160

Cr Accounts receivable 41,160

6 0

3 years ago

A teacher is working to teach a student with intellectual disability new skills. given the student's functioning level, the teac

natita [175]

I think he is showing signs of not being able to use his skills, and doubt in himself

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3 years ago

During January, its first month of operations, Knox Company accumulated the following manufacturing costs: raw materials $5, 310

mariarad [96]

Answer:

See the attached picture for detailed answer.

Explanation:

See the attached picture for explanation.

7 0

4 years ago