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3 years ago

These are true or false!! Please help!!

Business

1 answer:

Sergio [31]3 years ago

6 0

Answer:

I'm just going to write T-True n F)-False

1 F-

2 T

3 T

4 T

5 F-

6 T

7 T

8 T

9 F-

10 I'm sorry i don't know about this

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Lacey Company prepared the tabulation below at December 31, 2022. Net Income $310,000

valentinak56 [21]

Answer:

Net cash provided by operating activities is $325,000.

Explanation:

Lacey Company

Cash Flow Statement (Operating Activities Only)

December 31, 2022.

Details Amount ($)

Net Income 310,000

Depreciation expense 45,000

Increase in accounts receivable (55,000)

Decrease in inventory 12,000

Increase in accounts payable 6,000

Increase in prepaid expenses (4,000)

Decrease in income taxes payable 3,500

Gain on disposal of land 7,500

Net cash provided (used) by operating activities  325,000 

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3 years ago

The federal funds rate A. equals the discount rate. B. only matters to banks and has very little impact on individual consumers.

bixtya [17]

Answer:

D. is the rate that banks charge each other for short-term loans of excess reserves.

Explanation:

The federal reserves require banks to maintain a certain amount in their vaults to cater for possible withdraws. At the close of business every day, banks have to confirm they have the required amount. Should a bank fail to meet the requirement, it can borrow from other banks that have a surplus. The interest rate that banks charge each other for these transactions is the fed fund rate.

The Fed set the fund rate. It may increase or decrease it depending on the prevailing market condition. The banks use the fund rate set to determine the interest rates to be charged on loans and mortgages. A high fund rate means high-interest rates.

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3 years ago

In the heading of a cover letter, which of the following formats should be used for the date?

loris [4]

It should be laid out like this example:(November 10, 2015)

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3 years ago

Which of the following principles underlies the interaction of individual choices? a Marginal analysis is used for "how much" de

GalinKa [24]

Answer:

d There are gains from trade.

Explanation:

A trade can be defined as the process that typically involves the buying and selling of goods and services between a buyer (consumer) and a seller (producer).

Thus, trade creates an enabling environment that suits a specific service provider or producer of a particular product.

Basically, the interaction of individual choices underlies the fact that there are gains from trade.

This ultimately implies that, as a result of the difference between human needs and wants, there is always an opportunity for various producers to manufacture goods and services to meet the needs or requirements of these customers.

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3 years ago

The concept of materiality:

KonstantinChe [14]

Answer:

The answer is b Justifies ignoring the matching principle in certain circumstances.

Explanation:

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3 years ago

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