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Maru [420]
2 years ago
7

Are outstanding credit card balances counted as part of the money supply?

Business
1 answer:
V125BC [204]2 years ago
3 0
<span>Credit card balances are not counted as part of the money supply, because c</span>redit card balances reflect funds that have been borrowed. Unlike money, they cannot be used as a means of payment. The M1 supply contains <span>coins, paper currency, demand deposits, other checkable deposits, and traveler's checks. So, o</span>utstanding balances on credit cards is not a component of the M1 money supply.
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Josh is convinced that subgroups exist within his company's current customer base. Further, he believes that these different gro
kaheart [24]

Answer: Clustering

Explanation: In simple words, clustering refers to a form of communication in which a single person transmits the message to the sub groups and this cycle follows on. The individuals to which message is transmitted are not randomly selected.

In the given case, John wants to know the factors for which the potential customer wants to purchase his brand products. However due to higher population on target individual analysis is not feasible.

Thus, John should opt for Cluster by making subgroups for the flow of information.

3 0
2 years ago
The recognition of cost of goods sold expense in the same period that sales revenue is recognized from the sale of merchandise i
maksim [4K]
Revenue Recognition.................
6 0
3 years ago
Kate decides to issue cash dividends on both the common stock and the preferred stock. Currently there are 50 outstanding prefer
tangare [24]

Answer:

Journal Entry for both type of shares is given below

Explanation:

DATA

Preference shares = 50

Common shares = 500

Dividend for preference shareholders = $6/share

Dividend for Common shareholders = $2/share

Entry                                                       DEBIT         CREDIT

Dividend (for preference shares)         $300

Dividend (for common shares)            $1000

Cash                                                                           $1,300

Working

Preference shares dividend = 50 x $6/share = $300

Common shares dividend = 500 x $2/share = $1000

3 0
3 years ago
When preparing the balance sheet, you noticed that total liabilities have decreased by
EleoNora [17]

Answer:

) $40,000 increase

Explanation:

A balance sheet shows the value and financing of a company's assets at the end of a period. It as prepared following the accounting equation of Assets = Equity + liabilities.

A decrease or increase in assets ( left side of the equation ) follows a similar increase or decrease in the right to balance the equation.

In this case, liabilities and equity have increased by $25,000 and $15,000

=$40,000

Liabilities and equity are both on the right side and have increased by $40,000; assets must have increased by $40,000.

An increase of $40,000

5 0
3 years ago
A company pursuing a focus strategy: Select one: a. has a greater impact on costs and revenues. b. attempts to serve all market
Sindrei [870]

Answer:

The answer is: E) concentrates on building market share in one market segment.

Explanation:

When a company uses a focus strategy it concentrates all its resources on building or expanding its market share in one specific market or market segment. For example, Dunlop created a separate division that specializes in manufacturing and selling only aircraft tires.

7 0
3 years ago
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