Answer:
True
Explanation:
This is true because the Federal Trade commission(FTC) analyze and investigate a seller or sellers who may be so cooperative as to make agreements that ensure large amounts of profit for them which is likely harmful and exploitative to consumers . FTC investigates business mergers which may be horizontal or vertical that are likely done for the purpose of increasing market share and fostering a sort of monopoly of the market. However, mergers and cooperation among businesses in the market do not always yield a monopoly and the FTC may be wrong(sometimes) to wave mergers that could increase the quality of goods or services in a market
Answer: 5
Explanation:
The velocity of circulation is the average number of times that each dollar can be used for the purchase of goods and services in a year.
From the information given in the question, the velocity of circulation will be:
= Nominal GDP / Quantity of money
= $2000 / $400
= 5
Therefore, the velocity of circulation is 5.
Answer:
$6516
Explanation:
LIFO means last in, first out. It means that it is the last purchased inventory that is sold first.
Total sales in the month was 362 units, this would be taken from the inventory purchased during the month
= 362 x $18 = $6,516
Answer:
Explanation:
PROVIDING FOR YOUR FAMILY IF YOU PASS AWAY. ...
PROTECTING YOUR INCOME FROM DISABILITY. ...
GROWING YOUR MONEY OVER TIME. ...
SAVING FOR AN EMERGENCY. ...
SAVING FOR COLLEGE. ...
LIVING COMFORTABLY IN RETIREMENT
My mom does insurance
Hope this helps
Answer and Explanation:
The journal entry to record the issuance of the bond is shown below
On Jan 1, 2018
Cash (5,900,000 × 101%) $5,959,000
Bonds Payable $5,900,000
Premium on Bonds Payable $59,000
(Being the issuance of the bond is recorded)
Here the cash is debited as it increased the assets and credited the bond payable & premium on bond payable as it also increased the liabilities
