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3 years ago

A central bank acts as a lender of last resort especially in times of financial crisis. What is the purpose of this function

Business

1 answer:

mr_godi [17]3 years ago

7 0

Answer:

The purpose of the function is to lend the people indeed.

Explanation:

a central bank help to keep our money and give a loan

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Sandy, an expert on Search marketing, knows she should use extensions effectively in order to optimize her Google Ads campaign r

gavmur [86]

Answer:

Use at least three extensions in each campaign or ad group.

Explanation:

Google recommends that in other to optimize Google ad campaigns at least three extensions should be used for each campaign or ad group: At the point of each auction, Sandy's ad will be assembled with the most appealing extensions. Elegible extensions will give Sandy's ads more opportunity to meet users’ specific needs.

7 0

2 years ago

The journal entry to record the purchase of equipment for a $140 cash down payment and a balance of $480 due in 30 days would in

Tju [1.3M]

Answer:

Option C. A debit to Equipment for $620, a credit to Cash for $140, and a credit to Accounts Payable for $480.

Explanation:

The reason is that the equipment has been acquired by the business which is worth $620 and this means that the equipment which is asset in nature must be increased by it fair value which is $620. The purchase of equipment requires the payment of $140 at the spot which means that the cash asset will be reduced by $140 and the remainder $480 will be paid in future which means that the current liabilities will be increased by $480.

Increase in Equipment (fixed asset) is debited by $620.

Decrease in Cash (asset) is credited with $140.

Increase in current liability is always credited and in this case must be credited with $480.

Journal entry in nutshell is as under:

Dr Equipment $620

Cr Cash Account $140

Cr Accounts Payables $480

7 0

3 years ago

For a single person, 0 allowances, who made $185 last week State withholding tax: $ Federal withholding tax: $

Goshia [24]

It should be noted that when an individual claims 0 on their tax, then such a person is having the largest amount that will be withheld from their paycheck.

Your information is incomplete as you didn't give enough information. Therefore, an overview of tax will be given. A tax is a compulsory levy that's paid to the government.

In a situation when an individual claims 0 on their tax, then such a person is having the largest amount that will be withheld from their paycheck for federal taxes.

When the goal of the person is to receive a larger tax refund, then it's best that the person claims 0.

Learn more about tax on:

brainly.com/question/25783927

4 0

2 years ago

Barnes Company reports the following operating results for the month of August: sales $305,000 (units 5,000); variable costs $21

Ostrovityanka [42]

Answer:

1. $30,500;

2. $30,000;

3. $22,000;

=> Option 1 produce the highest net income.

Explanation:

We have sell price per unit = 305K /5K = $61

1. Increase selling price by 10% with no change in total variable costs or sales volume:

Sell price = 61 x 1.1 = $67.1

Sales revenue = 67.1 x 5,000 = $335,500

Increase in sales revenue = 335.5K - 305K = $30,500

As costs remains the same, Net income will increase as much as the increase as sales revenue which is $30,500.

2. Reduce variable costs to 60% of sales:

New variable cost = $305,000 x 60% = $183,000

Saving in variable cost = 213K - 183K = $30,000

As fixed cost and sales revenue remain the same, net income will increase as much as the saving in variable cost which is $30,000

3. Reduce fixed costs by $22,000:

As variable cost and sales revenue remain the same, net income will increase as much as the saving in fixed cost which is $22,000

6 0

3 years ago

Souped Inc., a firm that manufactures ready-to-eat soups, offers incentives based on an employee's performance rating and the em

mel-nik [20]

Answer: B -Merit Pay

Explanation: Merit pay is a performance based incentive to employees. It is financial in nature which means that an employee might be given a bonus or a pay rise for an outstanding performance.

Merit pay is a good performance compensation policy which helps to boost employees performance and there by increasing a company's overall goals of profit making.

Merit pay is a very good incentive which gives employees a sense of belonging in an organisation. it helps employees boost their moral as they are sure that their efforts will be well compensated by the organisation.

5 0

3 years ago