Answer:
c. Dividends
Explanation:
Whenever, dividends are recorded as a liability then that amount is charged against retained earnings, but the final entry for payment of dividend =
Dividend A/c Dr. $670
To Cash A/c. $670
Also at the time of recording as an expense, entry will be
Retained Earnings A/c Dr. $670
To Dividend A/c $670
Since retained earning balance will be reduced and finally cash balance will also be reduced.
Therefore, entry for payment will include debit to
c. Dividends
First let us identify if the asset is a gain
or loss. An asset is a gain if it contributes to the banks overall finance while
it is a loss if it is a cost directly or indirectly.
Deposits of $300 million = Gain (+)
Reserves of $20 million = Gain (+)
<span>Purchased government bonds worth $300 million
= Loss (-) ---> This entails
cost</span>
Selling bank’s loans at current market value
of $600 million = Gain (+)
Therefore adding up everything to get the banks net worth:
Stealth banks net worth = $300 M + $20 M - $300 M + $600 M
<span>Stealth banks net
worth = $620 million</span>
Answer: <em>$4. 71 hamburger and $6.29 French fries.
</em>
Explanation:
Total spendable income of Antonio = $11.00
1 hamburger = $1.50
1 order of French fries = $1.00
Utility maximization function: U(x1, x2) = x1x2 i.e. 1 hamburger and 2 orders of French fries
Using the Utility maximization function: U(x1, x2) = $1.50 + $2.00
= $3.50 per lunch
Therefore the customer will purchase hamburger worth of $(1.50 x 11.00/3.50) = $4. 71
And French fries orders worth of $(2.00 x 11.00/3.50) = $6.29
<em>Antonio will maximize his satisfaction by purchasing $4. 71 hamburger and $6.29 French fries.
</em>
This seems like a rather subjective question. Wealth is built over a lifetime with income. Inheritance is definitely one way to become wealthy, so I would say <u><em>True </em></u>
Answer:
The correct answer is:
True (A)
Explanation:
Customer access strategy is a framework or a set of standards, guidelines and processes, which defines the means by which a customer and the organization can interact, and means by which the customer has access to:
- the relevant information needed to make purchases
- the right logistics for the execution of a purchase
The arear of access are mainly information (value of the product, price of products, how products work) and logistics (means of getting the products, customer service on the after-purchase needs etc).
It has been studied extensively that companies are spending 3 to 4 times as much money on creating customer access than they do on advertising, this is because even if advertising is successful, the results will not be seen if customer access is not successful, and having an efficient customer access strategy can provide a competitive advantage to the producers.
