Answer:
salary and wages increase by $600
Explanation:
given data
work = 40 hours
per hour cost = $15
Social Security = $37.20
Medicare $8.70
federal income tax = $58
state income tax = $10
solution
as we know that
Federal Unemployment are $4.80 and Social Security is $37.20
Medicare = $8.70 and state Unemployment $24.6
so total payable in form of salaries and wages increase $675.3 than actual pay $600
and when salary is paid by company it is for expenditure
and salary and wage payable account is debited
so cash account and state and federal tax payable is credit
so that entry record increase the expenditure
so salary and wages increase by $600
Answer:
High beta stocks
Explanation:
High beta stocks are mostly affected by changes in risk aversion. Beta measures a stock's volatility in comparison to the overall market. High-beta stocks are supposedly riskier but these stocks provide potentials for higher return, low-beta stocks have lower risk and also lower returns.
In simple terms, high beta stocks is much more volatile than the index it's being measured against.
Answer:
d. money demand shifts left and decreases if money supply shifts left.
Explanation:
The money market can be defined as a component of the financial market wherein, financial instruments with low risk, high liquidity and short-term maturities (usually 365days or less) such as federal funds, treasury bills, bills of exchange, commercial paper, certificates of deposit, repurchase agreements, etc are traded between banks and other financial institutions.
When the money market is drawn with the value of money on the vertical axis, the price level increases if money demand shifts left and decreases if money supply shifts left.
Also, when the money market is drawn with the value of money on the vertical axis, the value of money decreases, as price level increases; causing quantity of money demanded to increase and to move rightward on the money demand curve.
However, there would be an increase in the demand of money, if the price level is above the equilibrium rate; thereby making the price level to fall when the money market is drawn with the value of money on the vertical axis.
Answer: $6,410,000
Explanation:
The current ratio calculates the ability of a company to meet its short term liabilities.
A current ratio greater than 1 indicates that a company is more able to meet its short term obligations. Mystic Laboratories with a current ratio of 1.3 has a greater ability to meet its short term obligations.
Current ratio = current assets / current liabilities
Total assets = current assets + non current assets
$10,500,000 = current assets + $2,167,000
Current assets = $8,333,000
1.3 = $8,333,000 / current liabilities
Current liabilites = $6,410,000
I hope my answer helps you
Answer:
Small time deposits, money market mutual funds, currency, checkable deposits, savings deposits.
Explanation: