Answer:
A) an increase; reduce
Explanation:
All else the same ,if a bank liabilities are more sensitive to interest rate fluctuations than are its assets, then an increase in interest rates will reduce bank profits.
A bank is said to be sensitive towards to interest rates means that the bank revalue its liabilities on the basis of the change in the interest rates. Thus if the interest rates increases it means the liabilities of the bank has increased on which the bank is liable to pay higher interest which will automatically reduce the bank profits as the interest payable by the bank is an expense for the bank.
According to the leader-member exchange theory, the individual worker is the situation, and therefore, each dyadic relationship will be somewhat different.
The leader-member exchange theory is a relationship-based approach to leadership theory that suggests leaders and members develop distinctive relationships. These relationships depend on their social give and take. The standard of these exchanges within an organization can heavily influence employee outcomes. This theory emphasizes the two-way relationship between leaders and followers.
The main motive of the leader-member exchange theory is to denote an explanation of the outcomes of leadership on members, organizations, and teams. This theory suggests that leaders do not treat every subordinate in the same way. In return, this treatment of the subordinates by their leader determines their work-related attitudes.
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Answer:
Entry: 1. Dr bad debts expense 5500
Cr Allowance for uncollectible accounts 5500
Explanation:
1.Account receivable = $44000
Allowance for uncollectible accounts(Dec,31 2021) = $1100
44000* 15% = 6600 - 1100 = $5500 Allowance for uncollectible accounts
2. Bad debts expense = (44000* 15%) = 6600
3. Uncollecible accounts = (Open) Allowance for bad debts + Current year Allowance.
= 1100 + 6600 = $7700.
4. 44000 - 7700 = $36300 net account receiable
Answer:
How to create a budget?
How to create a budget
Calculate your net income
List monthly expenses
Label fixed and variable expenses
Determine average monthly costs for each expense
Make adjustments
Answer:
$45,000
Explanation:
Computation for the projected benefit obligation
December 31 PBO($278,000)
December 31 Plan assets 233,000
Funded status($45,000)
Therefore the projected benefit obligation was underfunded at the end of 2021 by: $45,000
