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3 years ago

If the us wants to help the economy should it print more money? Why or not.

1 answer:

vladimir1956 [14]3 years ago

8 0

Yes because by this point in time money means power. If you're a homeless person on the street what power do you have? You can even sleep in the same spot for 2 days. Economy means money and if you want a better economy then you need to print out more cash. Although paper can damage trees and cause problems, this is the only way to stabilize the economy. When the economy is balanced then the US can stop printing money and start replaced the tress that were used to create the paper.

Hope this helped :)

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The category that is generally considered to be the best measure of a company's ability to continue as a going concern is A. cas

saul85 [17]

Answer:

D. cash flows from operating activities

Explanation:

Operating activities include the functions of a business with respect to providing its goods and services to the market. Operating activities for a company include sales, manufacturing, marketing activities and advertising. The category that is generally considered to be the best measure of a company's ability to continue as a going concern is cash flows from operating activities.

8 0

3 years ago

The net income reported on the income statement is $58,000. However, adjusting entries have not been made at the end of the peri

nlexa [21]

Answer:

The corrected Net income = $54,500

Explanation:

Net income is defined as the total profits earned by an individual from a business venture. It is equal to the difference between the gross income and the expenses involved including cost of supplies and accrued salaries.

Given: net income = $58,000

Entries not made include supplies expense = $2,200 and accrued salaries = $1,300

Therefore, the corrected net income = net income - expenses = $58,000 - ($2,200 + $1,300) = $54,500

8 0

3 years ago

If a salesperson notices a billing error in an order, he or she should: Group of answer choices let the finance team take a call

bazaltina [42]

Answer:

c. Correct billing problems without being prompted by the customer.

Explanation:

If a salesperson notices a billing error in an order, he or she should <u>correct billing problems without being prompted by the customer.</u> A Salesperson should act there after the notice and fix the billing problems for the customer as it may result in confusion later.

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3 years ago

Owner's equity at the start of the period is $35,000; net income for the period is $30,000; the total investments by the owner a

inysia [295]

Answer:

Option "B" is the correct answer to the following question.

Explanation:

Given:

Owner's equity (Opening) = $35,000

Net income = $30,000

Investments by owner = $15,000

Withdrawals = $5,000.

Owner's equity (Closing) = ?

Computation of closing equity:

Owner's equity (Closing) = Owner's equity (Opening) + Net income + Investments - Withdrawals

Owner's equity (Closing) = $35,000 + 30,000 + $15,000 - $5,000

Owner's equity (Closing) = $80,000 - $5,000

Owner's equity (Closing) = $75,000

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3 years ago

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Anton [14]

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3 years ago