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Bond [772]
2 years ago
8

What reasons might people have to go into debt? Give two examples. HRGGGGGHH

Business
2 answers:
PtichkaEL [24]2 years ago
7 0

Answer:

There are several reasons we accumulate debt, like paying for unforeseen emergencies or unemployment.

dedylja [7]2 years ago
6 0
Answer:

1. spending a large amount of money on a credit card 2. having children or moving into a new house
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2 years ago
The strategy of setting a single price for two or more units is known as
jekas [21]
Is known as multiple- unit pricing.
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3 years ago
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The $10,000 cash that exceeds the partnership liabilities is to be disbursed immediately. If profits and losses are allocated to
ololo11 [35]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

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3 0
2 years ago
Doogan Corporation makes a product with the following standard costs:
AveGali [126]

Answer:

Direct material quantity variance= $2,170 unfavorable

Explanation:

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

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4 0
2 years ago
Only one commercial bank in the banking system has an excess reserve, and its excess reserve is $400,000. This bank makes a new
Zarrin [17]

Answer:

money supply will increase by 2,400,000

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the expansion f the money supply will be:

the money multiplier will be:

1/reserve ratio = 1/0.125 = 8

300,000 x 8 = 2,400,000

The reasoning for the multiplier effect is the following:

once the money is received, it will be used, and the person who receive the cash will deposit their proceeds.

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300,000 - 12.5% = 262,500

And this, once used will also end in a deposit. This opens the posibility for another loan, after reducing the reserve

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5 0
3 years ago
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