Bull City Industries is considering issuing a $100,000, 7% note to a creditor on account.

Drag the tiles to the correct boxes to complete the pairs. For each scenario match it to the correct factor describing the purpo

lord [1]

The purpose for holding money in economic in classified into:

transactional motive
precautionary motive
speculative motive

<h3>The Drop-downs includes:</h3>

When price levels rise, people hold onto cash. - Speculative motive

When interest rates are low, people forgo interest income - Speculative motive

When aggregate income is high, people hold cash to buy goods that are plentiful and cheap - Transactional motive.

When interest rates are low, people speculate that they will soon increase - Speculative motive

Andy decided to hold his money in cash, as he did not earn sufficient money as income from interest. - Speculative motive

Ben is a consumer and decides not to purchase luxury items because they are too expensive - Speculative motive

Chad thinks it to be a good opportunity to buy the products from the market as the supply has increased. - Transactional motive

Daphne is holding onto her money as she feels that the interest rate will go up soon - Speculative motive

Read more about holding motives

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7 0

2 years ago

On his way home from work, Phil stopped at a shopping center. He parked in front of the dry cleaner, where he could pick up his

Anika [276]

Answer:

Neighbourhood centre

Explanation:

A neighbourhood centre is a place where local local residents have access to a wide range of services. People gather for group activities, social support, public information and so on.

Phil stopped at a shopping center. He parked in front of the dry cleaner, where he could pick up his suit. He did not have to move his car because next door was a gift shop where he could pick up a gift for his niece. Conveniently enough, next door to that store was a supermarket, where he purchased essentials like milk and cornflake cereal.

Phil is at a neighbourhood centre where wide variety of services are provided locally.

7 0

3 years ago

Read 2 more answers

Wilson Trucking, Inc. reports these account balances at January 1, 2015 (shown in alphabetical order):Accounts Payable $220,000A

dexar [7]

Answer:

The correct option is C,$ 1,399,000

Explanation:

The items on the credit column would be the sum of accounts payable, capital stock, notes payable and retained earnings minus the payment of accounts payable and notes payable

Accounts payable is $220,000

capital stock is $680,000

notes payable is $520,000

retained earnings is $140,000

payment in respect of accounts payable is $150,000

payment in respect of notes payable is $11,000

total of credit column=$220,000+$680,000+$520,000+$140,000-$150,000-$11,000=$ 1,399,000.00

6 0

3 years ago

Every 6 months, Leo Perez takes an inventory of the consumer debts he has outstanding. His latest tally shows that he still owes

Svetradugi [14.3K]

Answer:

The answer is "87%".

Explanation:

Please find the attached file.

6 0

3 years ago

Why wouldn't investors invest all of their money in software companies instead of in less profitable companies? (Focus on risk

Tamiku [17]

Answer and Explanation:

Risk and return are equal companions if we invest in a market with a higher risk that's mean this type of market provides a higher return.

If Investors invest their whole money in the high-risk market for there high return, may they get a huge loss.

So, The exposure must be balanced by investments in diversified markets with different risk weights.

7 0

3 years ago