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4 years ago

The reserve requirement, open market operations, and the moneysupply

Business

1 answer:

STatiana [176]4 years ago

4 0

Answer:

option a is false

option b and c are true

Explanation:

option a is false because banks will have to maintain a minimum reserve ratio

option b is true because banks will have to meet a minimum required reserve. Beyond that is their prerogative

option c is true

check the attached file for additional details

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Jones Company writes off $500 of the Accounts Receivable owed by Joe Smith. Joe Smith did end up paying the $500, so Jones Compa

katen-ka-za [31]

Answer:

Journal entry to record Smith's payment

Dr Cash account 500
Cr Accounts Receivable account 500

Explanation:

The following journal entry was made when the account was written off:

Dr Bad Debt Expense account 500
Cr Accounts Receivable account 500

When the write off was reversed the following journal entry was made:

Dr Accounts Receivable account 500
Cr Bad Debt Expense account 500

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4 years ago

There are 5 applicants for a job, all of whom have different qualifications. the employer is in a hurry, and does not interview

Alenkinab [10]

To choose the two best, we have a target of two candidates, A & B
The first one chosen is either A or B, with a propability of 2/5.
The second one is the only interested candidate out of 4, so 1/4.
So probability of choosing the best two is 2/5*1/4=1/10.

Alternatively, use the combination formula,
P(AB in any order) = 5!/(2!3!)=120/(2*6)=1/10
or in general,
n choose r = nCr = n!/(r!(n-r)!)

5 0

4 years ago

An important goal of parental discipline is to help the child adopt parental standards. the most effective disciplinary strategy

Sindrei [870]

The ultimate goal is to help the youngster develop the ability to control both their emotions and behavior. We refer to this as self-monitoring. The best forms of discipline include fair and encouraging methods to encourage good behavior in the child while discouraging bad behavior.

Self-monitoring is a personality attribute that entails the capacity to keep track of and control one's appearance, feelings, and actions in response to social contexts and circumstances. It entails being conscious of your actions and how they affect your surroundings.

Self-monitoring, a term coined by Mark Snyder in the 1970s, refers to the degree to which individuals keep an eye on how they come across, how they act expressively, and how they act emotionally nonverbally.

Learn more about Self-monitoring here

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2 years ago

E16-25 (EPS with Convertible Bonds and Preferred Stock) On January 1, 2014, Crocker Company issued10-year, $2,000,000 face value

babymother [125]

Answer:

The answer is given below;

Explanation:

EPS=Net income-preferred dividends/Weighted average shares outstanding

a.Net income=$300,000*(1-30%)=$210,000

Common stocks 100,000

Bonds assumed to be converted into common stocks =$2,000,000/$1,000=2,000*15=30,000

Total common stocks=100,000+30,000=130,000

Diluted EPS=$210,000/130,000=$1.615

*Net income=210,000-(1,000,000*6%)=$150,000

Common stocks=100,000

Bonds =$1,000,000/$1,000=1,000*15=15,000

Preferred stocks=$1,000,000/$100=10,000*5=50,000

Total weighted average shares=100,000+15,000+50,000=165,000

Diluted EPS=Net income-preferred dividends/Weighted average shares

EPS=*$150,000/165,000=$.909

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3 years ago

A company has an overhead application rate of 124% of direct labor costs. How much overhead would be allocated to a job if it re

Fudgin [204]

$29760, overhead would be allocated to a job if it required total labor costing $24,000. Thus, option (a) is correct.

What is labor?

The term “labor” refers to the work involved in the provision of the services. Labor is the exchange of the services of money. Labor is an important part of the economy. Labor is to produce goods and services for the industry.

Determining the overhead:-

A company overhead application rate of 124%.

The total labor costing $24,000.

How much overhead = ?

Total overhead applied would be equal to

=(124% × $24000)

which is equal to

=$29760.

As a result, the overhead of labor are, $29760. Therefore, option (a) is correct.

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1 year ago