C. balance sheets
explanation:
Answer:
e. $3,200
Explanation:
According to accrual concept the expense which is incurred but not been paid should be recorded in the same period when it is accrue.
At the end of the period only 4 days from Monday to Friday is pased for which the wages have not been paid. The expense is accrued and unpaid.
Pay per day = $800
Pay for 4 days = $800 x 4 = $3,200
Answer: 3.96%
Explanation:
The Arithmetic Mean is a most famous Quantitative Analysis method that simply involves adding up all figures involved and dividing it by the number of figures involved.
Calculating it therefore would be,
= -9.7 + -8.1 + 15 + 7.2 + 15.4 /5
= 19.8/5
= 3.96 %
There seems to be an error in the multiple choice.
3.96 % is the arithmetic average return of Roddy Richard's investment based on the information we have but it is not listed.
Answer: The correct options are;
Option C
Option E :
Explanation:
The recent crisis led to more debt to GDP ratio jumped from 69% in 2008 to 79% in 2009. This level is higher than the maximum in the Great Depression and the increase in percentage points over two years is the same as that over six years during the great depression
Also,
The banking system was not hit hard during the great depression because the central banks of different countries were less coordinated, had different
objectives and policy instruments and some countries still had obligations and/or debts from
World War I. All countries had separate currencies, and lenders of last resort did not exist to
the extent they do today.
According to a discussion paper titled "The Great Recession versus the Great Depression: Stylized Facts on Siblings That Were Given
Different Foster Parents".
