Answer:
Money market requires a minimum balance because the money is treated as part of your investment wherein it yields higher interest income that the basic saving account. The minimum balance is the one that is use by the bank for loans and lending it to borrowers.
Explanation:
This has become known as the mystical public punitive. In Criminology, this is a contentious issue, argued by many scholars that there is no definitive proof for this, which is the reason it is defined as "mystical", punitive being defined as a form of "punishment", relates to the fact that small cases of crime are inflated by the general public to promote specific ideas by groups or parties within society.
Answer:
EXPLAINED below.
Explanation:
Cyclical unemployment occurs if workers miss their works because of downturns inside a precise trading sequence. You can determine meanwhile particular economics engagements through estimating total internal goods. If these administration agreements concerning a couple of portions conversely further, that's in a reversal. Because cyclical lay-off can spiral external of to handle, habitually this federal government necessity to move within to end this. The primary including the most straightforward answer is amidst expansionary monetary policy. The Federal Reserve will begin decreasing interest charges. The aforementioned acts are similar to setting capital in those pouches of families and corporations. This addresses loans further even credit card payments more affordable. Furthermore only apprehending that this Fed is exerting activity may recover those resolutions required to increase request. If that's not sufficient, later this directory needs to adopt the expansionary monetary policy. The aforementioned registers long-spun because habitually the president including Congress needs a vote for paying more further.
The two important tactics the government wishes to engage in its job-creating maneuvering are adjustments on its monetary policy approximately turns to its financial strategies. Various solutions occupy transpired implemented on several moments within our antiquity including several decisions – also politics continually performs a role meanwhile when a precise tactic is going to be interjected.
Answer:
Explanation:
a. The preparation of the retained earnings statement for the month ended November 30, 2018 is presented below:
Healthy Products Company
Retained Earning statement
For the month ended November 30, 2018
Beginning balance of retained earning $2,940,000
Add: Net income $93,500
Less: Cash Dividend paid -$7,000
Ending balance of retained earning $3,026,500
b. As the trial balance, income statement, and the statement of the stockholder equity that comprise of common stock and the retained earning is prepared before preparing the balance sheet. Because the amounts are required to preparing the balance sheet
Answer: $250,000 loss
Explanation:
The bonds' net carrying amount is
=($5,000,000 - $200,000)
= $4,800,000.
The loss on extinguishment is
=($5,000,000 X 1.01) - $4,800,000
= $250,000.