Answer:
Option D. Both A and B
Explanation:
The reason is that the investment that are readily convertible to cash are less risk and as a result the investors are compensated with lower returns and vice versa. So the only statement that is not false statement is option C and the statement A and B are False.
Answer:
The correct entry is to reverse the entry on December 3rd
Dr Salaries and Wages expenses of $27,000
Cr Salaries and Wages payable of $27,000
Explanation:
During the time of the accrued entry, which is on December 31st
the company registered
Dr Salaries and Wages PAYABLE of $27,000
Cr Salaries and Wages EXPENSES of $27,000
It was just an accrued entry to be able to identify the expenses to the balance sheet, but currently on the original expenses on January 3rd, the entry is reverse, then the real or main expenses is recorded in the balance sheet.
Dr Cash of $47,000
Cr Salaries and Wages EXPENSES of $47,000
Answer: I can’t give an exact answer but i can help you get on the right path an experience is The knowledge or skill acquired by experience of carrying out a task or chore over a period of time, Especially that gained in a particular profession by working a position in a job for certain amount of time that you can carry out that procedure independently with out needing instructions or training first
Answer:
$90; $900
Explanation:
Given that,
Amount of deposits = $100
Required reserve ratio = 10%
Required reserves:
= Amount of deposits × Required reserve ratio
= $100 × 10%
= $10
Excess reserves = Deposits - Required reserves
= $100 - $10
= $90
Money multiplier:
= 1/ Required reserve ratio
= 1/ 0.1
= 10
Money Supply:
= Amount of excess reserves used for lending × Money multiplier
= $90 × 10
= $900
The money supply could eventually grow by as much as $900.
Answer:
Positioning
Explanation:
This has to do with arranging for a market offering to occupy a clear, distinctive, and desirable place relative to competing products in the mind of target consumers.