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3 years ago

Which of these elements contributes toward globalization of the economy?

Business

2 answers:

Shtirlitz [24]3 years ago

5 0

Answer:

Use of foreign labor

Explanation:

A p E x Verified

Kipish [7]3 years ago

5 0

Answer:

Use of foreign labor

Explanation:

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Suppose the banking system currently has $400 billion in reserves, the reserve requirement is 8 percent, and excess reserves amo

Rudik [331]

Answer:

Total Deposits = $4937.5 billion

Explanation:

given data

currently in reserves = $400 billion

reserve requirement = 8 percent

reserves amount = $5 billion

solution

first we get here Minimum Required Reserves that is express as

Minimum Required Reserves = Current Reserves - Excess Reserves .........................1

put here value we get

Minimum Required Reserves = $400 billion - $5 billion

Minimum Required Reserves = $395 billion

and

Total Deposits is express as

Total Deposits = $\frac{minimum\ required\ reserve}{reserve\ required}$ ......................2

Total Deposits = $\frac{395}{0.08}$

Total Deposits = $4937.5 billion

8 0

4 years ago

How much money did the betty white challenge raise.

jeka94

Answer: On Monday, Jan. 17, which would have been White’s 100th birthday, fans honored her legacy by donating $5 each to animal rights groups for what has been dubbed the #BettyWhiteChallenge. The challenge was a massive success, with hundreds of thousands of dollars raised for shelters, zoos, and animal rights organizations across the country.

Explanation: Hope this helps :)

8 0

3 years ago

Read 2 more answers

A company has established 5 pounds of Material J at $2 per pound as the standard for the material in its Product Z. The company

Contact [7]

Answer:

The correct option is B

$400 unfavorable

Explanation:

Material quantity variance occurs when the actual quantity used to achieved a given level of output is more or less than the standard quantity.

It is determined by the difference between the actual and standard quantity of material for the actual level of output multiplied by the the standard price

pounds

Standard quantity allowed (5 × 1000) 5,000

Actual quantity 5,200

200 unfavorable

Standard price ×$2

The quantity variance ($) $400unfavourable

4 0

3 years ago

Read 2 more answers

Lance Brothers Enterprises acquired $710,000 of 4% bonds, dated July 1, on July 1, 2021, as a long-term investment. Management h

babunello [35]

Answer:

The question is missing the below requirement:

Prepare the journal entries (a) to record Lance Brothers’ investment in the bonds on July 1, 2021, and (b) to record interest on December 31, 2021, at the effective (market) rate:

The journal entries upon acquisition of the bond is shown thus:

DR Financial asset $710000

CR Discount on financial asset $80000

CR Cash $630000

The journal entry to record the interest on 31 December 2021 is as follows:

The interest is calculated on the par value value;

Cash $710000*4%*6/12 $14200

Discount on bond $1550

Interest revenue $630000*5%*6/12 $15750

Explanation:

The investment is recorded at the par value in financial asset account but the cash paid is lower,which means the issuer issued the bond at discount ,hence the discount of $80000 is recorded.

Also the discount is considered when the interest was calculated as the effective interest is lower than the coupon,which means the discount gotten earlier was partial interest received in advance.

6 0

4 years ago

Which statement explains why a follower of laissez-faire capitalism would argue that the economy grows when government avoids re

Setler [38]

B. in a free market economy, prices and wages result from natural forces

since government will not take any involvement in the economy, prices and wages will be determined by the power of supply and demand

hope this helps

6 0

4 years ago