What is a certificate of deposit (CD)?

in partnership businesses.if one partner withdraws part of his salary. How to record it in appropriation account and Current acc

tester [92]

Answer:

it can be to be and so

Explanation:

6 0

3 years ago

What’s the best way for the FED (Federal Reserve Board) to create a tight money market? Buy government bonds and sell government

Triss [41]

Answer: Sell government bonds and raise the discount rate

Explanation:

Fed uses open market operations for controlling the money supply in the economy. If fed wants to create a tight money market then it should sell the government securities to the public which will reduce the money supply in the economy. It is known as contractionary monetary policy.

Discount rate is defined as the interest rate on the discounted loan. If there is an increase in the discount rate then it will be more expensive for the banks to borrow from Fed and hence they borrow less. This will decrease the lending capacity of the banks which reduces the money supply in an economy.

Therefore, Sell government bonds and raise the discount rate are the best ways to contract the money supply.

4 0

3 years ago

Describe a product, and then give an example of a time when the demand for this product might be high and the demand for this pr

d1i1m1o1n [39]

An inner tube for a swimming pool would be in high demand during the summer months, and in incredibly low demand in the winter months.

7 0

4 years ago

Susie is considering a graduated repayment plan, which means...

il63 [147K]

Answer:

The correct answer is letter "C": Her monthly payments will start lower and end higher.

Explanation:

As its name says, graduated repayment plans are those set to establish the payment method college graduate students must choose to cover their debt. The repayment plan has a length of 120 months or 10 years and the monthly payments increase usually every two years.

6 0

3 years ago

High-Low Method

svlad2 [7]

Answer:

Variable cost per unit= $50

Fixed costs= $900,000

Explanation:

Giving the following information:

Total Costs Units Produced

January $1,900,000 20,000 units

February 2,250,000 27,000

March 2,400,000 30,000

To calculate the unitary variable cost and the fixed cost under the high-low method, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (2,400,000 - 1,900,000) / (30,000 - 20,000)

Variable cost per unit= $50

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 2,400,000 - (50*30,000)

Fixed costs= $900,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 1,900,000 - (50*20,000)

Fixed costs= $900,000

7 0

3 years ago