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Luden [163]
3 years ago
9

Fiona deposits $2,000 into a savings account. If the Fed requires a 20 percent reserve ratio, how much of Fiona’s money can the

bank lend?
a.)$400
b.)$1,600
c.)$2,000
d.)$1,200
Business
1 answer:
Scrat [10]3 years ago
6 0

the answer is B.)$1,600

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A company issued 70 shares of $30 par value preferred stock for $4,000 cash. The journal entry to record the issuance is:______.
PtichkaEL [24]

Answer:

E. Debit Cash $4,000; credit Paid-in Capital in Excess of Par Value, Preferred Stock $1,900, credit Preferred Stock $2,100.

Explanation:

Journal Entry for Issuance of 70 shares of $30 par value preferred stock for $4,000 is -

Cash Debited -  $4,000

Paid in Capital in excess of Par value Credited -  $1,900

Preferred Stock (70 shares × $30 each) Credited - $2,100

The correct option is - E. Debit Cash $4,000; credit Paid-in Capital in Excess of Par Value, Preferred Stock $1,900, credit Preferred Stock $2,100.

7 0
3 years ago
Which occupation would be least affected by inflation?
nexus9112 [7]
It seems that you have missed the given options for this question, but anyway here is the correct answer. The occupation that would be least affected by inflation would be a doctor in private practice. Inflation is defined as a rise in the general level of prices. Hope this is the answer that you are looking for. 
6 0
3 years ago
Read 2 more answers
what is the term that refers to the functions used to move products through the channel to the consumer?
Readme [11.4K]

The term that refers to the functions used to move products through the channel to the customer is distribution

5 0
3 years ago
A firm currently employs four workers in a sandwich shop, and produces sandwiches at a total cost per sandwich (ATC) of $3. The
tatuchka [14]

Answer:

all are correct A, B and C

Explanation:

The marginal cost hiring another worker and producing a sandwich = $5.50 per sandwich, which is higher than the marginal revenue.

If the selling price per sandwich is $5 and the marginal cost per sandwich is $5.50, the firm will lose $0.50 for every sandwich that it sells.

Therefore the firm would be losing money is they hire an extra worker.

In order to maximize the profit, the marginal cost = selling price.

5 0
3 years ago
A month after your mutual aid agreement is activated for an incident, a participating jurisdiction claims that their responders
vova2212 [387]

Answer:

A. Check the Insurance and Liability section of your mutual aid agreement

Explanation:

Firstly, a mutual aid agreement is a documents that sets the rules or terms under which help or assistance can be provided between two parties, jurisdictions, NGO, etc.

From the above question, it is important that before any step is taken, it is important to check the insurance an liability section of the mutual aid agreement. This will help to ascertain if indeed you are responsible for the healthcare payment of the responders as claimed by the participating jurisdiction.

This helps to clarify who is responsible for the responders.

Cheers

4 0
3 years ago
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