Answer:
$21.50
Explanation:
The net income is difference between the revenue and the operating expense incurred by the entity.
The unit cost per service is obtained by dividing the operating cost by the number of services provided.
Given that;
Operating expense = $21,500
Number of services provided = 10,000
The unit cost per service
= $21,500/10,000
= $21.50 (to the nearest cent)
If the Fed buys U.S. government securities from banks, the federal funds rate falls and banks' reserves increase.
<h3>Fed's Monetary Policy</h3>
- Price stability and full employment, the Federal Reserve's two legally mandated goals, are necessary to ensure a healthy and expanding economy in the United States.
- In the past, the Fed has achieved this via modifying reserve requirements, conducting open market operations (OMO), and influencing short-term interest rates.
- By acquiring government assets, the Fed helps to boost bank reserves and bring down the federal funds rate. Government securities will be sold by the Fed on the open market.
- The Fed reduces the amount of money in circulation by selling government assets, which raises the federal funds rate.
- OMO has an impact on interest rates as well because when the Fed purchases bonds, prices are pushed up and rates are lowered; conversely, when the Fed sells bonds, prices are pushed down and rates are raised.
To learn more about Fed's Monetary Policy refer to:
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Answer:
Crowdsourcing
Explanation:
Crowdsourcing can be defined as a practice that involves utilizing a group of individuals for the sole purpose of obtaining new ideas.
Crowdsourcing can provide businessess with entry to new and fresh ideas and solutions, in-depth consumer experience, enhancement of different tasks, and a great reduction in the level of costs.
Individuals that take part in crowdsourcing work as paid freelancers.
Crowdsourcing enables various organizations to carry out tasks at a faster rate by splitting up the task. Crowdsourcing provides a more efficient way to perform tasks.
Answer:
It will cause a major problem in case the client adds new deposit to an income account instead of receiving a payment.
Explanation:
Account receivables are the record of the invoices for which the client has not made payment yet. If the client adds a new deposit categorized to an income account instead of receiving a payment against the invoice, the first major problem would be that the Accounts Receivable balance of the client will not be accurate. It will create duplicate expenses as there was an entry made for a new deposit.
The second problem will be as a result of the first one that, the income account will show duplicate income and correct the correct income will not be recorded.
