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
bazaltina [42]
3 years ago
7

3. What role did CDS play in the financial crisis?

Business
1 answer:
ehidna [41]3 years ago
7 0

Just like an insurance policy, a CDS allows purchasers to buy protection against an unlikely event that may affect the investment. ... During the financial crisis of 2008, the value of CDS was hit hard, and it dropped to $26.3 trillion by 2010 and $25.5 trillion in 2012.

You might be interested in
Consider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record the
julsineya [31]

Answer:

Final Accounts Receivable $ 3191

Explanation:

Opening Accounts Receivable  $3,200

Received Cash Payment $ 9

Ending Accounts Receivable $3200- $ 9= $ 3191

Opening Cash  $12,100

Received customer payment $ 9

Bought manufacturing supplies           $ 17

Sold inventory at cost $ 25

Ending Cash Balance = $2100 + 9-17 + 25=  $ 2117

<h2><u>Accounts Receivable </u></h2><h3><u>Debit                          Credit</u></h3>

Opening   $3,200

                              Cash Received 9

<u>                                    Ending  $ 3191</u>

<u>$3200                                    $3200 </u>

The only receipt is of $ 9 which is deducted from the opening accounts receivable to get the final account receivable.

6 0
4 years ago
The balance in the supplies account before adjustment at the end of the year is $873. The proper adjusting entry if the amount o
yan [13]

Answer:

Explanation:

The proper adjusting entry is as follows

Supplies expense A/c Dr $603

             To Supplies A/c $603

(Being supplies account is adjusted)

The supplies expense is computed by

= Supplies account balance - supplies on hand  at the end of the year

= $873 - $270

= $603

Basically we debited the supplies expense account and credited the supplies account so that the proper posting could be done.

7 0
3 years ago
Which advantages of small business helped mary ellen sheets establish and grow two men and a truck? 2. which disadvantages of sm
Lana71 [14]

<u>Solution:</u>

1. Two men and a truck have an advantage of making their workers comply with the Grandma Law, which demonstrates respect and compassion for their clients. It welcomed new buyers, retained the faithfulness of current customers and made the company's own identity distinctive. The freedom of Two People and a Truck was another plus.

Two men and a truck were using the unsegmented approach to the market that many small companies have to or plan to do. This was based in its business or division on any consumer.

The marketing technique used was the conventional and modern internet and social media marketing method, PR&D and the news media.

2.  A) a lack of venture value: because they were a very small enterprise that used to carry their operations out, most customers had lost confidence or a value in their funding, believing their concept of selling franchises was not a successful one.

b) Failure to have sufficient funding: Originally, as this business started to expand rapidly, it emerged as a money-making workplace; a big concern was the shortage of investment resources.

Suggestions for addressing this were: using alternate funding strategies such as retained profits, bank loans, and so on.

3.  Two men and a truck should sell concessions outside North America. That is a smart idea. It is because since developing the organization, it is clear that it knows its strong fields, which it will use to develop a stable presence on the world market, with some 300 franchises in North America. Furthermore, this packaging and shipping company's business model is something essential and recognizable in the world.

Global franchises are more likely to question the organization if it is willing to adapt or deviate its strategies in order to suit the consumer market in a different country with a particular philosophy from the North American community, its corporate social management programs, its goals and its organizational ethics.

8 0
3 years ago
Daan Corporation wholesales repair products to equipment manufacturers. On April 1, 2016, Daan Corporation issued $7,800,000 of
Ipatiy [6.2K]

Answer:

Cash Dr $9,808,729

       To Premium on bond payable $2,008,729

       To Bond payable $7,800,000

(Being the issuance of the bond payable is recorded)

Explanation:

The journal entry for issuance of the bond is shown below:

Cash Dr $9,808,729

       To Premium on bond payable $2,008,729

       To Bond payable $7,800,000

(Being the issuance of the bond payable is recorded)

For recording this we debited the cash as it increased the assets and credited the premium on bond payable as issued amount is more than the face value plus the liabilities is also increased so the bond payable is also credited

6 0
3 years ago
On january 1, guillen corporation had 95,0000 shares of no par common stock issued and outstanding. The stock has a state value
SpyIntel [72]

Answer:

Follows are the solution to the given question:

Explanation:

Please find the complete question in the attachment file.

Market capitalization at 30 June:  120000 = 95000+25000

Dividends payable on 10 July: 120000

Actions omitted by 31 December: 122000 = 95000+25000+2000

X Stock Dividends 1.2

Dividend payments payable on 31  December: 146400

Total value is given: 266400 =120000+146400

7 0
3 years ago
Other questions:
  • The balance of the accumulated depreciation account on the adjusted trial balance of the end-of-period spreadsheet would be repo
    9·1 answer
  • For purposes of decision making, avoidable costs are costs that:
    5·1 answer
  • Both goods and services can be standardized for the mass market or customized to individual needs.
    11·1 answer
  • The following data is available for BOX Corporation at December 31, 2017: Common stock, par $10 (authorized 30000 shares) Treasu
    11·1 answer
  • Longan Enterprises will pay an annual dividend of $2.08 a share on its common stock next year. Last week, the company paid a div
    7·1 answer
  • The cost method that will yield the highest taxable income during times of inflation is the a.weighted average inventory cost me
    8·1 answer
  • William is a single writer (age 35) who recently decided that he needs to save more for retirement. His 2020 AGI before the IRA
    6·1 answer
  • Your subscription to BusinessWeek is about to expire. You plan to subscribe to the magazine for the rest of your life. You can r
    14·1 answer
  • Scenario 34-1. Take the following information as given for a small, imaginary economy: When income is $10,000, consumption spend
    8·1 answer
  • The net income reported on the income statement for the current year was $226000. Depreciation recorded on plant assets was $351
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!