Answer:
D) The actions the Federal Reserve takes to manage the money supply and interest rates.
Explanation:
The Federal Reserve System (FED) is an autonomous government entity of the United States of America that functions like a central bank. Its main responsibilities are to manage the nation's money supply (the total amount of money in the economy) and establish federal interest rates (interest yielded by T-bills, T-notes and T-bonds).
Answer:
$92,400
Explanation:
Coolwear incorporation has a balance in its prepaid insurance account of $48,400
In 2018, $86,000 was paid for insurance
At the end of 2018, the balance was $42,000 after adjusting entries were recorded
Therefore the insurance expense for 2018 can be calculated as follows
= $48,400 + $86,000-$42,000
= $134,400-$42,000
= $92,400
Hence the insurance expense for 2018 is $92,400
Answer:
a-1. How long do you have to pay before the account is overdue?
a-2. If you take the full period, how much should you remit?
- if you pay after the discount period (first 30 days) but before the 50th day, you must pay $84,800
b-1. What is the discount being offered?
- 2% if you pay within 30 days
b-2. How quickly must you pay to get the discount?
- you have up to 30 days to pay the invoice and still get the discount
b-3. If you do take the discount, how much should you remit?
c-1. If you don’t take the discount, how much interest are you paying implicitly?
c-2. How many days’ credit are you receiving?
- the total credit period is 50 days
Explanation:
A technique to bring changes in the
entire organization, rather man
focusing attention on individuals to
bring changes easily is Organizational development
Enough to buy a Mercedes Benz.