Answer:
Supply and demand and price
Explanation:
In economics, the forces of supply and demand determine the price in the market.
Answer:
Hidden Valley's Asset Turnover = 1.6
Explanation:
Average Total Asset = (Total Assets at the beginning of the year + Total Assets at the end of the year)/2
Average Total Asset = (450,000+550,000)/2
Average Total Asset = 1,000,0000/2 = 500,000
Asset Turnover = Net Sales / Average Total Asset
Asset Turnover = 800,000/500,000
Asset Turnover = 8/5
Asset Turnover = 1.6
Answer:
The total of the credit balance accounts is $117,260
Explanation:
In the classified balance sheet, we summarize the asset and liabilities into various types
Like assets are divided into fixed assets, current assets, and intangible assets.
Likewise, liabilities are also divided into current liabilities, long term liabilities
In every balance sheet, the accounting equation has used that means
Total assets = Total liabilities + Shareholder equity
The total assets have the debit balances whereas the total liabilities and the shareholder equity have the credit balances
So, The computation is shown below:
= Accounts Payable + Common Stock + Notes Payable + Retained Earnings + Wages Payable
= $4,620 + $91,200 + $2,620 + $14,210 + $4,610
= $117,260
The accounting principles, assumptions, and constraints describes are identified as follows: A) 7, B) 6, C) 8, D) 9, E) 1, F) 4, G) 3.
<h3>What are Accounting Principles?</h3>
These are rules or laws that govern the reporting and recording of the financial information of a business.
7 - Expense Recognition Principle: This holds the rule of thought that expenses made ought to be recorded in the books or recognized in the same time frame as the revenue transactions they are related to.
3 - Monetary Unit Principle: This law indicates that if a transaction cannot be expressed in a currency, then it shouldn't be recorded. This means "in-kind" transactions and favors hold no place in proper Financial Bookkeeping practice.
See the link below for more about Accounting Principles:
brainly.com/question/23008273
Answer:
These statements are true:
A) The Federal Reserve does not set the Federal funds rate, but it influences it through the use of open market operations:
For example, at the very moment the Fed funds rate is 1.75%. If the Fed wanted to raise it to 2%, it would have to do so through the use of open market operations (in this case, because it wants to raise the rate, it would have to sell securities in order to reduce the money supply).
C) The Federal Reserve sets the target for the Federal funds rate, and then uses the reserve ratio to push banks toward that target.
Reserve requirements are perhaps the most powerful, and least often used, monetary policy tool that the Fed has at its disposal. It is very powerful because it directly increases or decreases the money supply.
For example, if the Fed wants to increase the fed funds rate, it can raise the reserve ratio so that banks keep more money in reserves, have less money to loan, and in consequence, create less money, causing the money supply to shrink and the fed funds rate to rise accordingly.
D) The Federal Reserve sets the Federal funds rate.
Correct. More specifically, the Federal Open Market Committee, which meets eight times a year to set the target for the fed funds rate.
