Answer:
b. $2,000
Explanation:
The computation of the interest amount is shown below:
= Sale value of goods × rate of interest × (number of months ÷ total number of months in a year)
= $40,000 × 10% × (6 months ÷ 12 months)
= $2,000
The 6 months is calculated from June 30 to December 31.
So, the b option is correct and rest options are wrong.
Answer:
b increased by 2%.
Explanation:
Increase in real wage = 6% - 4% = 2%
Answer: A. Reserves ↓: Excess reserves ↓; Loans ↓; Deposits ↓; Money supply ↓
Explanation:
The discount rate is the rate at which the Fed lends money to banks and other depository type institutions. Normally banks have a reserve requirement that the Fed requires of them which states how much they are to leave with the Fed as a reserve. Banks tend to fall short of this reserve sometimes and so can borrow from the Fed to balance it off.
If the Fed increase the rate at which these banks can borrow, they will not want to do so thus leaving their Reserves at the Fed lower than it should be. They will then use their excess reserves which is money kept in reserve more than the Fed requires, to balance off their reserve at the Fed.
As a result of this reduction in their Excess reserve, they will have less money to give out as loans. With less loans being made, people will not have as much money to deposit after taking the loans. Money supply will then fall as a whole.
Answer:
poverty,lack of AQ,others do it for fun
$2,860.50
Tax liability is the total amount of tax that people and companies owe to the federal, state, and local governments in a specific time frame. Tax liabilities are short-term obligations for firms that are listed on a balance sheet and paid off within a year.
<h3>What is accounting for tax liability?</h3>
The amount of taxes you owe is known as your tax liability. For those who are working, determining their income tax on Form 1040 normally only requires them to examine the year's tax tables.
On a company's balance statement, deferred long-term liability costs are listed with other long-term loans. They are listed on income statements as losses or expenses. Deferred tax obligations are one type of deferred long-term liability charge.
To learn more about accounting for tax liability refer to:
brainly.com/question/6646339
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