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Anna11 [10]
3 years ago
13

Helppppp With question 8 only please

Business
1 answer:
CaHeK987 [17]3 years ago
5 0

Answer:

True

Explanation:

For your in-text citation, just use the author's name or the title of the work if there is no author given. For your Works Cited list, just leave the page number part out.

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Josh Turner has done some research and has found that the population in the U.S. is aging, and this means that there will be an
Rashid [163]
The following answer is "A"
4 0
3 years ago
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On November 1, 2019, a firm accepted a 5-month, 10 percent note for $1,080 from a customer with an overdue balance. The accrued
stiks02 [169]

Answer: $18

Explanation:

From the question, we are informed that On November 1, 2019, a firm accepted a 5-month, 10 percent note for $1,080 from a customer with an overdue balance.

The accrued interest recorded for this note for the year ended December 31, 2019 goes thus:

The value of notes receivable is $1080, then the interest for 5 months will be:

= ($1080 × 10% ×5)/100 × 12

= $54000/1200

= $45

We are further told that the interest accrued from November 1, 2019 to December 31, 2019. This means that it was for 2 months. The accrued interest will now be:

= $45 × 2/5

= $90/5

= $18

3 0
3 years ago
Jorge is the senior vice president of his company. He learned at a senior staff meeting that the company's research staff has ma
qaws [65]

Answer:

An example of illegal insider trading is the correct answer.

Explanation:

8 0
3 years ago
Which of the following equals the amount of public​ saving?
vesna_86 [32]

Answer:

Government tax revenue minus the sum of government purchases and transfer payments to households.

Explanation:

Public saving, otherwise called the budget surplus, is the term (T − G − TR), which is government income through taxes, minus government consumptions on products and enterprises, minus transfers.

6 0
3 years ago
Fractional reserve banking is a term used to describe a banking system whereby a. banks hold reserves equal to only a fraction o
Ne4ueva [31]

Answer:

a. banks hold reserves equal to only a fraction of their deposit liabilities.

Explanation:

The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.

Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.

Like all central banks, the Federal Reserve is a government agency that is saddled with the following responsibilities;

I. The Fed controls the issuance of currency in United States of America: it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.

II. It provides banking services to all the commercial banks in the country because the Federal Reserve is the "lender of last resort."

III. It regulates banking activities in the United States of America: it has the power to supervise and regulate banks.

In the banking system, fractional reserve banking describes a situation in which a depository financial institution such as a bank, hold an amount of reserves that is typically equal to only a fraction of its deposit liabilities.

5 0
3 years ago
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