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3 years ago

Which of the following best describes an economic system?

Business

1 answer:

stepladder [879]3 years ago

3 0

Answer:Beans

Explanation: Open the can of beans and bean them.

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If the reserve ratio is 15 percent, and banks do not hold excess reserves, and people hold only deposits and no currency, then w

Anna71 [15]

To figure the simple money multiplier, you divide 1 by the required reserve ratio. For example, if the required reserve ratio is 3 percent, divide 1 by 0.03 to find the simplemoney multiplier<span> equals 33.3.</span>

7 0

3 years ago

The Vintage Laundry Company purchased $6,500 worth of laundry supplies on June 2 and recorded the purchase as an asset. On June

Mazyrski [523]

Answer:

D.) debit Supplies Expense. $5,500; credit Supplies, $5,500

Explanation:

First, let's talk about the amount.

On June 2 they purchased supplies worth $6,500 and recorded it as an ASSET. Debited on "Supplies" Account

Then on June 30, only $1,000 is on hand. That means that $5,500 worth of supplies must have been used (Solved as 6,500 less 1,000)

Now, the entry should reduce the "Supplies" Account since there were only $1,000 left. So it's correct to credit Supplies for $5,500 to reduce $6,500 into $1,000 worth.

The corresponding debit would consequently be "Supplies Expense" since $5,500 worth of supplies was used for the month.

3 0

3 years ago

A snowboarding manufacturer segmented areas in the states containing ski resorts by zip code and targeted TV ads in those zip co

erik [133]

Answer:

Geographic segmentation.

Explanation:

Geographic segmentation is usually used when a company services clients in a particular location or when client preference are based on location. Grouping is done by country, state, region and city.

In this instance the snowboarding company is targeting states that contain ski resorts. Televisions adverts are targeted to these areas to increase awareness of their snowboarding products.

5 0

3 years ago

Read 2 more answers

The Republic of Gizmovia wants to maintain the exchange rate of its currency, the gizmo, at $0.50, but the current exchange rate

lukranit [14]

Answer:

D) increase; decrease

Explanation:

in order to appreciate the currency by $0.10, the interest rates need to be increased. This will encourage people to save more and thus increase the demand for gizmo that will increase the exchange rate.

This increased interest rate will also decrease the capital outflow out of the country as more people will be willing to take advantage of higher interest on savings in the country than investing outside of the country to leverage opportunities. Thus option D is the right choice.

Hope that helps.

8 0

2 years ago

Vessels Corporation's net income for the most recent year was $2,532,000. A total of 200,000 shares of common stock and 200,000

Usimov [2.4K]

Answer:

The earnings per share of common stock is closest to

D. $11.41.

Explanation:

To find the Price-Earning Ratio first, it's necessary to deduct from the Net Income the part corresponding to Preferred Stock,

which is , $2,532,000 - (200,000*1,25= $250,000) = $2,282,000

Then we calculate the Earning/Share Ratio : $2,282,000/200,000 = 11,41

Shares of Common stock outstanding 200.000

Shares of Preferred stock outstanding 200.000*$1,25 = $250.000

NET INCOME Available $2,282,000 = $ 2,532,000 - $250,000

6 0

3 years ago