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algol [13]
3 years ago
6

If, at some interest rate, the quantity of money demanded is less than the quantity of money supplied, people will desire to

Business
2 answers:
PSYCHO15rus [73]3 years ago
7 0

Answer:

which profession do you prefer to choose for your career . why?

ella [17]3 years ago
4 0

I think people will desire to produce less money so it will meet with the quantity of money needed to be demanded

Explanation:

i have no idea

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Madrid Company plans to issue 9% bonds with a par value of $5,300,000. The company sells $4,770,000 of the bonds at par on Janua
ASHA 777 [7]

Answer and Explanation:

The journal entry are as follows

1. Interest expense $214,650

       To Cash $214,650

(Being the first interest payment is recorded)

The computation is shown below

= $4,770,000 × 9%  × 6 months ÷ 12 months

= $214,650

For recording this we debited the interest expense as it increased the expenses while on the other hand the cash is paid which reduced the cash balance so it is credited

2. Cash $530,000

      To Bond payable $530,000

(Being the cash sale of bond is recorded)

For recording this we debited the cash as cash is received that increased the cash balance and at the same time we credited the bond payable

5 0
3 years ago
2) Food bill before tax: $80<br>Sales tax: 7.9% Tip: 20%​
dangina [55]

Grand Total + Total Bill Subtotal Sales Tax (7.9%)

Total Tip (20%)

Each Pays + Sales tax of 7.9% towards $80.00 is $6.32

A tip of 20% towards $86.32 is $17.26

does this help?

3 0
3 years ago
A landscaping company accepts MasterCard as payment for $1,000 worth of services. MasterCard charges a service fee of 2 percent.
Novosadov [1.4K]

Answer:

Dr   Cash     1020

               Cr         Service revenue   1000

               Cr          Service fee           20

Explanation:

 Service fee is expense of individual who is purchasing not store's expense.

- Total cash received by store is $ 1020 because 2% is service charges by master card,its is income of master card not store so store will treat as liability.

The only revenue of store is $1000.

3 0
3 years ago
What is the risk of overusing credit for a business?
hichkok12 [17]
Consumers who overuse credit run the risk of late payments, low credit scores, and even bankruptcy.  
5 0
3 years ago
145. A mutual fund manager has a $40 million portfolio with a beta of 1.00. The risk-free rate is 4.25%, and the market risk pre
denpristay [2]

Answer:

1.763

Explanation:

Data provided in the question:

Beta of $40 million portfolio = 1

Risk-free rate = 4.25%

Market risk premium = 6.00%

Expected return = 13.00%

Now,

Expected return = Risk-free rate + ( Beta × Market risk premium )

13.00% = 4.25% + ( Beta × 6.00% )

or

Beta × 6.00% = 8.75%

or

Beta = 1.458

Now,

Beta of the total profile should be equal to 1.458

Thus,

Weight of $40 million portfolio = $40 million ÷ [ $40 million + $60 million]

= 0.4

Weight of $60 million portfolio = $60 million ÷ [ $40 million + $60 million]

= 0.6

therefore,

the average beta

1.458 = 0.4 × 1 + 0.6 × ( Beta of $60 million portfolio )

or

1.058 = 0.6 × ( Beta of $60 million portfolio )

or

Beta of $60 million portfolio = 1.763

5 0
3 years ago
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