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almond37 [142]
2 years ago
14

Assets = liabilities + owners' equity is the equation for information reported on the

Business
1 answer:
Advocard [28]2 years ago
3 0
<span>Assets = liabilities + owners' equity is the equation for information reported on the: Balance sheet

In accounting, balance basically represents a brief overview about what the company currently own.
Assets represent something valuable that the company own to conduct their operation, Liabilities represent the debt that they have to pay to other individual or entities, And owner equity represents how much ownership one person have from all the things that the company owns.</span>
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If the Fed increases the discount rate, which of the following accurately describes the sequence of events that will follow in t
AnnZ [28]

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.

4 0
3 years ago
The brooks' paid-off property sold for $247,600. what will they net after paying a 7.5ommission to their broker?
Ronch [10]

They will pay net $229,030 after paying a 7.5% commission to their broker.

<h3>What is commission?</h3>
  • Commissions are a type of variable-pay compensation for provided services or sold goods.
  • Commissions are a typical method of encouraging and rewarding salespeople. It is also possible to create commissions to promote particular sales behaviors.
  • For instance, when offering significant discounts, commissions might be decreased.
  • When you buy, you normally pay a commission, and when you sell, you typically pay another commission. Investment commissions are not regarded by the IRS as a tax-deductible item.
  • Instead, the commission is included in the cost basis of the investment, giving you a small tax break.
<h3>Calculation of net payment:</h3>

= 100% - 7.5%

= 92.5%

= $247,600 x 92.5%

= $229,030

Hence, they will pay net $229,030 after paying a 7.5% commission to their broker.

Learn more about commision here:

brainly.com/question/20987196

#SPJ4

3 0
1 year ago
62. In the MARKET GROWTH stage of the product life cycle: A. competing products become almost the same in the minds of potential
OleMash [197]

Answer:

d

Explanation:

this is where the product is marketed and continues to pick up customers who will use the product repeatedly and refer others for its usage

3 0
2 years ago
Use the following information:Beginning cash balance on March 1, $72,000.Cash receipts from sales, $300,000.Budgeted cash paymen
Lynna [10]

Answer and Explanation:

The preparation of the cash budget for the month of March ended is presented below:      

                                              Cash Budget

Particulars                           Amount  ($)

Opening Cash Balance         72,000

Add: Cash Receipts from Sales 300,000

Total Cash Available           372,000

Less:

Cash Payments  

Purchases                             140,000

Salaries                                    80,000

Cash Expenses                     45,000

Repayment of Bank Loan      20,000

Total Payments                    -285,000

Closing Cash Balance              87,000

We simply deduct the all payments from the total cash available so that the ending balance of cash could come

8 0
2 years ago
Using Toyota's formula, you are trying to determine the number of parts per kanban. Here is what you know. Demand for the part i
PilotLPTM [1.2K]

Answer:

45

Explanation:

The formula to compute the number of parts is shown below:

= Demand × lead time × (1 + safety factor) ÷ kanban cards

= 300 units × 45 minutes × (1 + 20%) ÷ 6

= 300 × 0.75 hours × 1.2 ÷ 6

= 45

The 45 minutes would be 0.75 hours i.e 45 minutes ÷ 60 minutes = 0.75 hours.

So we consider all the components which are given in the question. Hence, all the information is relevant

7 0
3 years ago
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