Answer:
creativity
Explanation:
i'm in art design and my teacher always pushes for creativity and neatness
Answer:
The answer is E.
Explanation:
This is known as unpresented cheque. A change that has been issued to a supplier but has not been cleared by the bank or paid by the bank.
This cheque has already been registered as an outflow on the balance per cash book. And in reconciling this with balance per bank statement, this amount of $450 should be deducted from the bank balance of cash. The business should assume the bank has paid it.
Answer:
b. 1/R, where R represents the reserve ratio for all banks in the economy
Explanation:
The reserve ratio can be define as the part of reservable liabilities that commercial banks must hold onto or have, rather than investing or borrowing out. This can be said to be a necessary requirement determined by every central bank of a particular country, which in the United States is the Federal Reserve. It is also known as the cash reserve ratio.
Commercial banks in the U.S are required to hold reserves against their total reservable liabilities (deposits) which cannot be borrowed out by the bank. Example of reservable liabilities include non personal time deposits, net transaction accounts and Eurocurrency liabilities.
Answer: Option A
Explanation: Scarcity refers to the situation when there is limited availability of a commodity. This term is usually used for the natural resources like coal, drinking water etc.
In economics it refers to the situation when there is not limited quantity of resources available for fulfilling the market demand. Scarcity deals with the problem of limited resources in nature and unlimited wants of the population.
Hence, from the above we can conclude that the correct option is A.
Answer:
$60 million
Explanation:
The quick ratio is the financial ratio of the current assets less inventory to current liabilities. While the accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity.
This may be expressed mathematically as
Assets = Liabilities + Equity
Given that quick ration is 1.7 and current liabilities = $50 million
1.7 = current assets less inventory/$50 million
current assets less inventory = 1.7 * $50 million
= $85 million
The total asset is made up of the current assets less inventory, inventory, fixed assets. Let the balance for fixed assets be y
$85 + $65 + y = $210 (all amounts in millions)
y = $210 - $150 (all amounts in millions)
y = $60 (all amounts in millions)