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3 years ago

Select the correct answer.

Business

1 answer:

Schach [20]3 years ago

3 0

Answer:

с. Purchases and Creditors

Explanation:

A goods account is hardly created in the general ledger. Accountants and bookkeepers use the purchases account to record goods bought by the company.

When a business makes purchases, it can either pay cash or in credit. Cash payments are recorded in the cash account. They reduce cash held by the business.

Credit purchases increase creditors and are recorded in the creditor's account.

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Suppose a three-period weighted average is being used to forecast demand. Weights for the periods are as follows:

notka56 [123]

Answer:

Explanation:

Demand forecasting is being able to predict the future demand of a firms product. We calculate this by multiplying the weights of each of the period by its demand observed in the previous period and adding them together

To calculate the demand forecast for period t in this question;

(wt-3 × At-3) + (wt-2 × At-2) + (wt-1 × At-1)

=(0.2 × 2200) + (0.3 × 1950) + (0.5 × 2050)

= 440 + 585 + 1025

= 2050.

Therefore the correct answer is D.

2050 is the demand forecast for period t.

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3 years ago

A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as p

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According to the stats, administration would not be willing to beautify the campus as the cost of the beautification is higher than the money that students are collectively willing to pay.

As per the survey, there are 300 students. Each of them is willing to pay $11. so collectively the money that can be raised is $3300. Where as the amount for the beautification of the campus is $4400. There is a gap of $1100. That administration would definitely not willing to pay. So they will decline the campus beautification initiative.

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3 years ago

Read 2 more answers

Factors involved in importing

LiRa [457]

A country's balance of trade is defined by its net exports (exports minus imports) and is thus influenced by all the factors that affect international trade. These include factor endowments and productivity, trade policy, exchange rates, foreign currency reserves, inflation, and demand.

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3 years ago

Which statement shows that money is a "measure of value?"

Talja [164]

O the more features it has, the more it is worth

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2 years ago

There are several ways that central banks can increase or decrease the money supply. Match the descriptions below with the corre

kodGreya [7K]

Answer:

An increase in the percentage of deposits that bank must keep on hand- RESERVE REQUIREMENT

2. An increase in the interest rate that a central bank charges commercial banks for loans - DISCOUNT RATE

Open Market Operations - A central bank purchasing existing bonds.

1 and 4 are not instances of monetary policy

Explanation:

Monetary policy are policies taken by the central bank of a country to shift aggregate demand.

Tools of monetary policy

1. Open market operations : government can either sell bonds to the public, this is known as open market sales. this is an example of an contractionary policy or it can buy bonds from the public. this is known as open market purchase. it is an expansionary policy

2. Reserve Requirement : Reserves are the proportion of deposits required by the central bank that banks keep

If reserve requirement is increased, it is an example of a contractionary policy. If on the other hand, it is reduced, it is an example of an expansionary policy.

3. Discount rate : this is the rate at which the central bank lends to commercial banks. An increase in discount rate is a contractionary policy while an decrease in discount rate is an expansionary policy

There are two types of monetary policy :

Expansionary monetary policy : these are polices taken in order to increase money supply. When money supply increases, aggregate demand increases. reducing interest rate and open market purchase are ways of carrying out expansionary monetary policy

Contractionary monetary policy : these are policies taken to reduce money supply. When money supply decreases, aggregate demand falls. Increasing interest rate and open market sales are ways of carrying out contractionary monetary policy

Goals of monetary policy include

• financial market stability

• economic growth

• high employment

• price stability

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3 years ago