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3 years ago

An increase in interest rates should cause level of bussiness investment spending to

1 answer:

6 0

Changes in interest rates affect the public's demand for goods and services and, thus, aggregate investment spending. A decrease in interest rates lowers the cost of borrowing, which encourages businesses to increase investment spending.

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Presented below are a number of balance sheet items for Coronado, Inc., for the current year, 2017. Goodwill $ 126,590 Accumulat

uranmaximum [27]

Answer:

A classified balance sheet is a class of balance sheet presentation that carefully displays all account balance listings into subcategories and in order of liquidity.

It is easier for a reader of the Account to follow the narrative and draw conclusions quickly, requiring less assumptions or queries from analysts over the qualification of the items.

Explanation

The balance sheet is contained in the attached document to preserve its form.

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3 years ago

The use of communication technologies such as videoconferencing and networks has enabled increased

ExtremeBDS [4]

The use of communication technologies such as videoconferencing has helped lots of people especially those who find it hard to transport from one place to another due to distance, hectic schedule, traffic, etc. This enables savings in gasoline, etc while maintaining a good relationship between the attendees.

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3 years ago

Read 2 more answers

What is meant by an ‘economic boom’?

Anvisha [2.4K]

The Economic boom<span> of the 1920s saw rapid growth in GDP, production levels and living standards. The growth was fuelled by new technologies and production processes such as the assembly line. The </span>economic<span> growth also caused an unprecedented rise in stock market values – share prices increased much more than GDP.

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3 years ago

Read 2 more answers

On January 1, 2018, Red Flash Photography had the following balances: Cash, $21,000; Supplies, $8,900; Land, $69,000; Deferred R

Nutka1998 [239]

Answer:

See explanation

Explanation:

Red Flash Photography

Journal Entries

1. Debit Cash $29,000

Credit Common Stock $29,000

(issuing common stock for cash that will increase the cash)

2. Debit Cash $44,000

Debit Accounts Receivable $39,000

Credit Service Revenue $83,000

(Provided services on account and cash)

3. Debit Salaries expense $32,000

Credit Cash $32,000

(Paid salaries to workers)

4. Debit Prepaid Rent $21,000

Credit Cash $21,000

(Paid rent in advance for cash)

5. Debit Supplies $31,000

Credit Accounts payable $31,000

(Purchase supplies on account means liability will increase)

6. Debit Dividends $2,900

Credit Cash $2,900

(Paid cash dividends to the shareholders)

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3 years ago

A written representation from a client’s management that, among other matters, acknowledges responsibility for the fair presenta

7nadin3 [17]

Answer:

The answer is Chief Executive Officer and and the Chief Financial Officer

Explanation:

As part of the requirements for audit process, the external auditor will obtain from the management a written representation for the financial statements being presented to the external auditor. The management is responsible for the preparation of Financial statement and the external auditor expresses their opinions on it.

To show accountability, The Chief Executive Officer and the Chief Financial Officer both sign on it.

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3 years ago