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3 years ago

The settling of any net deficit in the combined current, and capital and financial accounts is done with

Business

1 answer:

MatroZZZ [7]3 years ago

4 0

Answer: official reserves

Explanation:

The official reserve account is simply part of capital account which has to do with securities and foreign currency that are being held by the central bank of a particular country and which are used to balance payments yearly.

It should be noted that when there's trade surplus, there'll be increase in reserves and when there is a deficit in trade, there'll be decrease in reserves.

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Shawnee Hospital installs a new parking lot. The paving cost $30,000 and the lights to illuminate the new parking area cost $15,

Zarrin [17]

Answer: d. $45,000 should be debited to Land Improvements.

Explanation:

Land improvements records any moderation to land asset that is expected to add to its value and lasts for more than a year.

The paving and lighting of the parking area will add value to the area and will last longer than a year so both should go to the Land improvement account. As this account is an asset account, it will be debited when increased:

= 30,000 + 15,000

= $45,000

6 0

3 years ago

PLEASE HELP!!! I I WILL GIVE BRAINLY

Nina [5.8K]

I can guarantee that these are all 100% correct. Would appreciate if you gave me a Brainliest, thx!

1. Pay yourself first
2. Savings account
3. Trade off
4. Interest
5. Interest Rate
6. Money market
7. Net income
8. Financial Goal
9. Depository Institution
10. Payroll deduction

7 0

3 years ago

The statement of owner's equity begins with the beginning balance followed by a.adding net income less withdrawals b.adding inve

ddd [48]

Answer:

D. Adding investments plus net income less withdrawals.

Explanation:

This statement is generally used to show the owners capital at the beginning of an investment period which is seen or said to affect or changes in balance sheet at a section termed to be the equity section. It is said to reveal and let a shareholder know the additional and subtractional changes that happens/happened in the shareholders account.

In some certain business kind which ranges from a sole proprietorship type of business to the others, movement in capital occurs as a result of some elements.

Therefore it is seen that net income less withdrawals and also investment adding is been seen after an investors equity statement in the beginning of account balancing.

6 0

3 years ago

Brandon is looking to invest for retirement, which he hopes will be in 30 years. He is looking to invest $39,500 today in U.S. T

Elis [28]

Answer:

e. $82,854

Explanation:

Assuming compounding occurs only once a year, the future value of a $39,500 investment for 30 years at a rate of 2.50% per year is determined by:

$FV = P*(1+r)^n\\FV = \$39,500*(1+0.025)^{30}\\FV=\$82,854$

At the end of 30 years, Brandon will have $82,854.

The answer is alternative e. $82,854

6 0

3 years ago

Bricktan Inc. makes three products, basic, classic, and deluxe. The maximum Bricktan can sell is 100,000 units of basic, 460,000

statuscvo [17]

Answer:

Bricktan Inc.

The total contribution margin if Bricktan chooses the most profitable sales mix is:

= $22,350,000.

Explanation:

a) Data and Calculations:

Basic Classic Deluxe

Sales units 100,000 460,000 170,000

Limited production capacity = 110,000 hours

Units per hour 10 8 4

Sales mix 10 8 4

Contribution per unit $15 $25 $55

Contribution per hour $150 $200 $220

Total production hours 10,000 57,500 42,500

Total contribution margin $1,500,000 $11,500,000 $9,350,000

Total contribution = $22,350,000

4 0

3 years ago