1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Margaret [11]
3 years ago
7

Only financial institutions can borrow from the Fed.

Business
1 answer:
Westkost [7]3 years ago
8 0
The answer would be true
You might be interested in
Last year, Mountain Top, Inc., purchased a coal mine at a cost of $900,000. The salvage value has been estimated at $100,000. Th
melisa1 [442]

Answer:

The Journal entry is as follows:

Depletion expense - Coal Deposit  A/c     Dr. $280,000

To Accumulated depletion -Coal Deposit                        $280,000

(To record the depletion expense for the current year)

Workings:

Depletion per ton = (cost - Salvage) ÷ Total units of production

                              = ($900,000 - $100,000) ÷ 200,000

                              =  $4 per ton

Depletion expense = Tonnage tons mined current year × Depletion per ton

                                = 70,000 tons × $4

                                = $280,000

6 0
3 years ago
___________ is the current strategy for many manufacturers where a company produces a large quantity of items but customizes the
givi [52]

Answer:

mass customization

Explanation:

As it names says , companies will produce a large amount to customized product. This is implies higher cost but it helps for differentiation.

7 0
3 years ago
the burden of a tax falls entirely on sellers if group of answer choices the price elasticity of demand is unitary elastic the p
nadezda [96]

B) If the price elasticity of demand is zero, then all of the tax burdens fall on the sellers (perfectly inelastic).

<h3><u>How does price elasticity work?</u></h3>

A measure of a product's consumption change in response to a price change is called price elasticity of demand. Price elasticity is a tool used by economists to analyze how changes in a product's price affect its supply and demand. Supply has an elasticity similar to demand, and it's called the price elasticity of supply.

The relationship between a change in supply and a change in price is referred to as price elasticity of supply. By dividing the percentage change in quantity supplied by the percentage change in price, it is determined. What products are produced at what prices depends on the interaction of the two elasticities.

Learn more about price elasticity with the help of the given link:

brainly.com/question/13565779

#SPJ4

8 0
8 months ago
Describe how you would use any five entrepreneurial qualities to make sure that your business is a success
sukhopar [10]
Passion
being open minded
desire to become the best at what you do
having a positive attitude and outlook 
constantly keep your ideas flowing
 
5 0
3 years ago
Universal Travel Inc. borrowed $500,000 on November 1, 2013, and signed a 12-month note bearing interest at 6%. Interest is paya
valentinak56 [21]

Answer:

C.$5,000.

Explanation:

November 1, 2013

Amount of Loan = $500,000

As the Interest is payable at maturity, at December 31, 2013 only one month of interest expense is accrued, which is not paid, Following Journal entry will be passed tor record the interest expense.

Dr.  Interest Expense               $2,500

Cr.  Interest Payable on Note  $2,500

Interest Expense = $500,000 x 6% x 2/12 = $5,000

6 0
3 years ago
Other questions:
  • Of the following efficient market hypotheses, researchers have stated that markets are somewhat efficient in the ____________ se
    12·1 answer
  • Which of the following is primarily responsible for controlling the money supply in the the United States and Turkey? a. the U.S
    13·1 answer
  • What happens to if the price of is expected to increase in the near future?
    11·1 answer
  • If the price elasticity of supply is 0.6, and a price increase led to a 3.7 percent increase in quantity supplied, then the pric
    12·1 answer
  • If adult workers and teenagers are complements, the elimination of the minimum wage for teenage workers would cause the demand f
    5·1 answer
  • 4) The management of Stanforth Corporation is investigating automating a process. Old equipment, with a current salvage value of
    9·1 answer
  • (1 point) Why does the journalist think Enron's stock is overvalued?
    9·1 answer
  • Mr. Frohardt donated $40,000 toward future scholarships. The scholarships are to be paid according to the following schedule:
    9·1 answer
  • Settings in which development occurs, which are influenced by historical, economic, social, and cultural factors, are called ___
    7·1 answer
  • M. K. Gallant is president of Kranbrack Corporation, a company whose stock is traded on a national exchange. In a meeting with i
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!