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Tasya [4]
3 years ago
9

One of the advantages of starting your own business is

Business
2 answers:
wariber [46]3 years ago
6 0
Reward own boss and much more
snow_tiger [21]3 years ago
4 0
Rewards, being your own boss, income, flexible hours, outline your business goals etc....
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A company borrowed $10,000 from the bank at 5% interest. The loan has been outstanding for 45 days. Demonstrate the required adj
valkas [14]

Answer:

The required adjusting entry would be to debit the Interest expense account and credit the Interest payable account

Explanation:

Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made.

The company borrowed $10,000 from the bank at 5% interest. The loan has been outstanding for 45 days. At the end of a period, if required adjusting entry, the adjusting entry:

Debit Interest expense  and Credit  Interest Payable

3 0
3 years ago
If the reserve requirement of a bank is 33%, then $100 of MO will lead to how much of M1?
lesantik [10]

If the reserve requirement of a bank is 33%, then $100 of MO will lead to  $300 of M1. Thus, option (a) is correct.

What is bank?

The term bank refers to the financial institution offering the services related to the term money. The bank is manage financial system to handling accounts and manage the cash.

The bank is 33%

Money Multiplier= \frac{1}{Reserve Requirement}

Money Multiplier= 1/33%

Money Multiplier = 3.03

Money Multiplier = 3 (Approximately)

M1= Money Multiplier×M0

M1= 3×100

M1 = $300

$100 of M0 will lead to $300 of M1.

As a result, the MO of the bank can lead to the $300. Therefore, option (a) is correct.

Learn more about on bank, here:

brainly.com/question/14042269

#SPJ1

Your question is incomplete, but most probably the full question was

O $300

O $33

O $1000

O $330

5 0
1 year ago
What is the annual percentage rate (APR) on a credit card? A. The expected return on the credit card company's investments B. Th
Sliva [168]

Answer:

Answer choice C

Explanation:

To be short and to the point, APR literally just means the percent of the money you owe that will receive interest over the course of the year. If you owe $100 on a credit card with 6% APR, then you'll be charged interest for $6 because it's 6%. Your final yearly payment would end up being $106 since the $6 is tacked on. :)

8 0
3 years ago
Read 2 more answers
Assume that a state government currently provides no child-care subsidies to working single parents, but it now wants to adopt a
sergiy2304 [10]

Answer:

The line on the graph will be parallel to the pre-subsidy line and the new constraint will then be equal to the points connecting the two lines.

Explanation:

The subsidy by government to single parents is $3 per hour for up to 8 hours. The total of subsidy will be $16 for each day. The labor force who were not receiving the subsidy before had steep indifference curve but now few workers will find utility maximization with flatter indifference curve so the workers will join the subsidy program.

6 0
3 years ago
The difference between a divine command view and authoritarian view is that the authority figure is different. true or false?
taurus [48]

The difference between a divine command view and authoritarian view is that the authority figure is different-Yes the statement holds true

Explanation:

<u>In a Divine Command of View</u>

we often come across statement like -"I would do what God or the scriptures say is right'

As per this point of view the  right and wrong are determined by a supernatural supreme being, whose will we discern from sacred texts and divinely inspired messengers.

<u>Authoritarian View</u>

An example of Authoritarian view is sentence like " I would follow the advise of an authority"

According to this view  the  right and wrong is decided by the authorities.The power of taking decision rest in the hands of a particular authority.

Downside of this view is that : authorities do not always reflect wisdom and not all authorities agree.

As you can see that the difference between the two view point is the authority figure.So the answer is True

8 0
3 years ago
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