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3 years ago

The Federal Reserve wants to change the nominal interest rate from 7% to 5%. What action

Business

1 answer:

alisha [4.7K]3 years ago

6 0

Answer:

the answer is a

Explanation:

i just took the usatestprep

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When applying the general accounting equation, if total liabilities increased by $5,000, then (select the BEST and MOST COMPLETE

lyudmila [28]

Answer:

Assets must have increased by $5,000, or stockholders' equity must have decreased by $5,000

Explanation:

The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity.

This may be expressed mathematically as

Assets = Liabilities + Equity

As such, an increase in total liabilities by $5,000 from the options given means that assets must have increased by $5,000, or stockholders' equity must have decreased by $5,000, this way, the accounting equation stays true.

7 0

3 years ago

Masterson Company's budgeted production calls for 56,000 units in April and 52,000 units in May of a key raw material that costs

Aleks [24]

Answer:

Total cost= $101,380

Explanation:

Giving the following information:

Production for April= 56,000

Production for May= 52,000

The raw material costs $1.85 per unit.

Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The April 1 inventory for this material is 16,800 units.

We need to determine the budgeted material purchases for April:

Purchases= production for April + ending inventory - beginning inventory

purchases= 56,000 + (52,000*0.3) - 16,800= 54,800 units

Total cost= 54,800*1.85= $101,380

5 0

3 years ago

King Electronics, a retailer of video equipment, sold two VCR's to Larson, a psychologist, for her personal use in her home. The

scoundrel [369]

Answer:

Mill's lien will prevail.

Explanation:

Generally speaking, King's security interest prevails over other the interests of unsecured creditors including credit card companies, etc. Bu tin this case, Mills had obtained a lien that was registered prior to King's security interest, therefore, a court would decide based on chronological order.

4 0

3 years ago

If stock you own is worth say 30,000 but you don't sell and notice it is going down but you hope it will go back up and keep it,

MatroZZZ [7]

Answer:

YES

Explanation:

If a stock you own is worth say $30,000 and you eventually sell it for $10,000, that is considered a loss on your taxes and you can count it as a loss on your taxes.

The situation given in the scenario is obviously that of capital erosion or capital loss.

Just like it would have been counted as capital gains if you had made a profit on the sale of the shares which would have been taxable, so also is it possible to make tax deductions on your returns when you make capital losses.

Hence, the loss amount can be deducted (offset) from other capital gains or ordinary income in your tax return.

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3 years ago

Modern republicanism included: question 7 options:

spayn [35]

Answer:
the expansion of core new deal programs.
Eisenhower signed legislation that expanded Social Security, increased the minimum wage, and created the Department of Health, Education and Welfare. He also supported government construction of low-income housing but favored more limited spending than had Truman.

8 0

3 years ago