Answer:
E. 1.667
Explanation:
Current ratio is computed as;
= Current assets / Current liabilities
Current asset = Cash $200 + Marketable securities $400 + Accounts receivable $600 + Inventory $800
= $2,000
Current liabilities = Accounts payable $500 + Notes payable $700
= $1,200
Current ratio = $2,000 / $1,200
= 1.667
It seems that you have missed the necessary options to answer this question, but anyway, here is the answer. <span>A net worth statement, insurance plan, and a budget are all part of a SAVING AND INVESTING PLAN. Hope this is the answer that you are looking for. </span>
Answer:
Sell; Reduced
Explanation:
Open market operation is one of the monetary policy instrument in which there is a buying and selling of government bonds in the market.
OMO is also used for controlling the money supply in an economy.
If fed increases the interest rate on bonds then as a result people wants to purchase bonds for earning higher returns.
This clearly shows the intention of fed to sell bonds to the public and hence, there is a flow of cash from the public to fed which will reduce the money supply in an economy.
Answer:
$130,423.89
Explanation:
This is an incomplete question. Searching online, I got the complete question which is presented below.
To provide additional employment and add to its tax base from businesses, Yorketowne’s city council opened a business park on the edge of the city. After five years, they had attracted two new manufacturers and four supporting service businesses to the park. The total value of the property of all six businesses was $15,825,500. The companies paid $0.78 per $1,000 of property value each year as property tax. In addition, the businesses employed 328 people at an average salary of $36,000. Each person paid a 1 percent city income tax each year.
a. What is the total amount of taxes the city collected as a result of opening the business park?
b. In addition to the tax dollars, what other benefits might the city receive from opening the business park?
Solution A
Total amount of taxes the city collected =
Property tax paid by the companies + income tax by employees
= 
= $12,343.89+$118,080
= $130,423.89 tax income per annum.
Solution B
Other benefits that might accrue to the city from opening the business park include.
- Attraction of other businesses to the park given the success of existing businesses operating in the park.
- Increased employment as new businesses continue to be established in the park.
- Increased development at the edge of city as new homes and amenities are built to accommodate the employees of the city.
The correct answer would be the third option. A bond is issued at premium when a bond's stated interest rate is higher than the market interest rate. It is a type of bond wherein it offers a rate that is higher than what is the present interest rates. It is a bond usually issued in nations like Canada and United Kingdom. In UK, these bonds are deemed as lottery bonds which is being issued by the National Savings and Investment of their government. In Canada, on the other hand, it is called as Canada Premium bond which offers a high interest rate at the moment it is issued as compares to a Canada Savings Bond.