The purpose for holding money in economic in classified into:
- transactional motive
- precautionary motive
- speculative motive
<h3>The Drop-downs includes:</h3>
- When price levels rise, people hold onto cash. - Speculative motive
- When interest rates are low, people forgo interest income - Speculative motive
- When aggregate income is high, people hold cash to buy goods that are plentiful and cheap - Transactional motive.
- When interest rates are low, people speculate that they will soon increase - Speculative motive
- Andy decided to hold his money in cash, as he did not earn sufficient money as income from interest. - Speculative motive
- Ben is a consumer and decides not to purchase luxury items because they are too expensive - Speculative motive
- Chad thinks it to be a good opportunity to buy the products from the market as the supply has increased. - Transactional motive
- Daphne is holding onto her money as she feels that the interest rate will go up soon - Speculative motive
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A situation that would allow a country to import more goods for the same amount of money is A. The exchange rate for the country's currency increased.
<h3>What happens when exchange rates increase?</h3>
When a nation's exchange rate increases, it means the country's currency is now stronger and can buy more goods.
This means that the country will be able to import more goods for the same amount of money because that amount of money is now more valuable.
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The preparation of the Trial Balance of Ceco Co. from the ledger accounts as of June 20, 2020, is as follows:
Ceco Co.
<h3>Trial Balance</h3>
As of June 30, 2020
Accounts Debit Credit
Cash $5,000.00
A/R - R. Tamo 3,500.00
A/R - G. Slaught 1,124.00
A/R - P. Onno 850.00
Supplies 1,585.00
Automobile 22,800.00
Equipment 25,350.00
A/P - Batt Inc. $785.00
A/P - Parker Products 1,000.00
A/P - Nishi Co. 1,200.00
Bank Loan 25,000.00
C. Hernandez, Capital 32,224.00
Totals $60,209.00 $60,209.00
<h3>What is a trial balance?</h3>
A trial balance is a list of the ledger accounts balances at a particular date of the financial period.
The trial balance helps to show if accounts have been correctly recorded according to the double-entry system.
Thus, the above trial balance shows the ledger accounts balances of Ceco Co as of June 30, 2020.
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Answer: a) It captures the full price that customers might be willing to pay for a product.
Explanation:
The cost-plus pricing method involves using the total cost to come up with a selling price by simply adding a markup that the company would like as profit to the total cost of the product per unit and then selling it at that price.
It is easy to justify to stakeholders, simplifies pricing processes and is quite easy to measure or estimate.
It however does not capture how much a customer may be willing to pay for for a good as it is based on the company's expenses and preferred profit.
Answer:
a motion for summary judgement.
Explanation:
According to my research on different legal proceedings , I can say that based on the information provided within the question this is a motion for summary judgement. This term refers to a request for the court to rule that the other party has no case, because there are no facts at issue. Which applies to this situation because Turista Airlines is not presenting any facts, yet they are arguing the case based on those non-existent facts.
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