Answer:
Explanation:
I'm describing the word: wants
Some regular equivalent words of need are pine for, ache for, want, and wish. While every one of these words signify "to have an aching for," need explicitly proposes a felt need or need. Also, " desire, crave, covet."
Answer: credit to Common Stock Dividends Distributable for $43500
Explanation:
Based on the information given in the question, the entry to record the transaction of May 24 goes thus:
Debit Stock Dividend = 87000 × 5% × $16 = $69600
Credit To Common Stock Dividend Distributable = 87000 × 5% × $10 = $43500
Credit To Paid in capital in excess of Par - Common Stock = $69600 - $43500 = $26100
Answer:
Future value is $14,944.22
Interest earned is $7444.22
Explanation:
The amount to earn from Second City Bank is the interest that would have been received at the end of the eight years,
In order to determine the amount of interest,it would be nice to first of all compute the future value-the worth of the savings at the end of eight year using the below formula:
FV=PV*(1+r)^N
PV is the $7,500 invested
r is the compound rate of return is 9%
N is the number of years the amount was invested which is eight years
FV=$7,500*(1+9%)^8
FV=$ 14,944.22
Hence Interest =FV-PV
=$ 14,944.22 -$7,500
=$7444.22
Consider a world in which there is no currency and depository institutions issue only transactions deposits and desire to hold no excess reserves. The required reserve ratio is 15 percent. The central bank sells $0.98 billion in government securities.
What happens to the money supply?
Give reasons to support your answer.
Answer:
The answer is below
Explanation:
Considering the situation described above, the result is that there will be a DECREASE in the money supply of $6.53 billion.
This is because the money multiplier is calculated as 1/rr, where RR is the reserve ratio.
Hence, in this case, we have 1/0.15 = 6.67
Therefore, 6.67 × $0.98 billion = $6.53 billion.
Answer:
Here are a few steps you could do!
Explanation:
Don't overcommunicate by email.
Make good use of subject lines.
Keep messages clear and brief.
Be polite.
Check your tone.
Proofread.
Following these will make your email clear and effective
