Prepared by:

Which of the following includes ideas, innovation, and risk-taking?. . Capital. . Entrepreneurship. . Labor. . Land

Anna [14]

Entrepreneurship

People as entrepreneurs, has the capacity to decide, to innovate and to generate ideas, for the business he/she manages.

6 0

3 years ago

Tony received his bank statement on March 7, showing a balance of $1,669.93. The balance shown in his checkbook was $1,451.06. D

levacccp [35]

Bank balance and check book balance should always be the same but in case if there is some differences, it might be possible that certain amount is not recorded or missed either by bank or check book balance, hence the books should be reconciled.

The reconcile statement above should be:

Balance as per bank statement:

Add: Deposits in transit:

Less: Outstanding checks recorded in check book and not recorded in bank book.

Reconcile balance in the books of bank.

The image attached shows the reconciliation .

Balance as per cash book:

Less: Service charge deducted by bank but not recorded in check book

Add: Interest earned not recorded in check book

Reconcile Balance as per cash book.

The image is attached.

6 0

3 years ago

The reserve requirement is 10%. Suppose that the Fed $ worth of U.S. government securities a bond dealer, electronically the

victus00 [196]

Answer:

D. The money supply decreases by $150,000.

Explanation:

Note: This question is not complete as some figures are omitted. The full question is therefore presented first before answering the question as follows:

The reserve requirement is 10%.

Suppose that the Fed sells $150,000 worth of U.S. government securities from a bond dealer, electronically debiting the dealer's deposit account at Reliable Bank.

Which of the following correctly describes the immediate effect of this transaction on the money supply?

A. The money supply decreases by $1,500,000

B. The money supply decreases by $135,000.

C. There is no change in the money supply.

D. The money supply decreases by $150,000.

E. None of the above.

The explanation to the answer is now provided as follows:

This is an example of Open market operations (OMO).

Open market operations (OMO) is a monetary policy strategy in which the central bank such as the Federal Reserve sells or purchases government securities in order to implement a particular monetary policy.

When the central bank sells government securities on the open market, it aims to reduce the money supply by the worth of the securities. This is called a contractionary monetary policy.

On the other hand, when the central bank purchases government securities on the open market, it aims to increase the money supply by the worh of the government securities. This is called an expansionary monetary policy.

From the question, the sale of $150,000 worth of U.S. government securities from a bond dealer is a contractionary monetary policy and it will reduce the money supply by exactly $150,000.

Therefore, the correct option is D. The money supply decreases by $150,000.

8 0

3 years ago

Ruben is a travel agent. He intends to sell his customers a special round-trip airline ticket package. He is able to purchase th

mars1129 [50]

Answer:

He would need to sell 130 ticket packages to break even

Explanation:

Breakeven quantity are the number of units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

Variable cost is cost that varies with output. If output is zero, no variable cost would be incurred.

Fixed cost is cost that does not vary with output.

$\frac{5200}{200 - 160}$

$\frac{5200}{40}$ = 130

7 0

3 years ago

Which of these terms means "limited resource"?

Tpy6a [65]

The correct answer among the choices listed is the second option. Scarcity is the term that would mean "limited resource". It is the state of having shortage or small amount of supply with a high value of demand. Hope this helps.

3 0

4 years ago

Read 2 more answers