Answer: The bank reserves part of the money and uses the rest to make loans to other people who need them.
Explanation: money doesn't just sit in the banks. the money will still there but some will be used by the banks for other loans and interests.
(i also took the test so this is most likely correct)
hope it goes well!
Answer: <em>No, since the value of the cash flows over the first two years are less than the initial investment</em>
Explanation:
value of cash flows for the first two years = $48,000 (24,000x2)
Initial Investment = $50000
Because the additional $48,000 profit during the two year payback is not grater than the $50,000 purchase, they should not put the large neon sign up.
Answer:
Current Ratio = 1.5
Working Capital = $2,000 million
Explanation:
Current Ratio = Current Assets / Current Liabilities
= ($1,200 + $1,500 + $2,000 + $1,300) / ($1,000 + $3,000)
= $6,000 / $4,000
= 1.5
Working Capital = Current Assets - Current Liabilities
= $6,000 million - $4,000 million
= $2,000 million
Answer:
Mars' thin atmosphere, which is 99% less dense than Earth's, will make it difficult for Ingenuity to achieve enough lift to properly fly. Because of this, it has been designed to be extremely lightweight. It stands just 19 inches tall
Explanation:
if no adjusting entry is made at year-end, the financial statements will be affected:
Net - income: will be overstated
Assets: will be overstated
<h3>What are Financial statements?</h3>
- The financial actions and position of a company, individual, or other entity are formally recorded in financial statements (also known as financial reports).
- The presentation of pertinent financial data is organized and presented in an understandable style.
- The purpose of financial statements is to give information about an organization's financial situation, performance, and changes in financial position that may be used by a variety of users to make financial decisions.
- Financial statements must be clear, pertinent, dependable, and similar.
- The financial condition of an organization is directly tied to the reported assets, liabilities, equity, income, and expenses.
To learn more about financial statements, refer to:
brainly.com/question/14951563
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