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3 years ago

How will the rapo rate cut affect the economy?

Business

1 answer:

jeka943 years ago

3 0

Answer:

The decrease in repo rates is to aim at bringing in growth and improving economic development in the country. Consumers will borrow more from banks thus stabilizing the inflation. A decline in the repo rate can lead to the banks bringing down their lending rate

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On January 1, 2017, Accounts Receivable and Allowance for Uncollectible Accounts for Darius Company carried balances of $20,000

kupik [55]

Answer:

(C) $745

Explanation:

The computation is given below:

For computing the bad debt expense, first we have to determine the ending account receivable balance which is shown below:

Ending account receivable balance = Beginning account receivable + credit sales - collections - written off amount

= $20,000 + $70,000 - $74,700 - $400

= $15,300

So, the bad debt expense is

= Ending account receivable × given percentage

= $15,300 × 5%

= $745

8 0

3 years ago

Jonathan works for a firm that assists companies in promoting, distributing, and selling their products to end consumers. The fi

irina1246 [14]

Answer:

The answer is marketing intermediary

Explanation:

Jonathan works for a firm that assists companies in promoting, distributing, and selling their products to end consumers. The firm Jonathan works for is a marketing intermediary.

A marketing intermediary links producers to the final consumers. Examples are agents, wholesalers, retailers, distributors etc.

Most producers do not directly sell to their final consumers. These intermediaries help them to achieve their goals

7 0

3 years ago

Using the following accounts and balances, prepare the Stockholders’ Equity section of the balance sheet. Refer to the lists of

uysha [10]

Answer:

Explanation:

Stockholder's Equity

Paid in Capital:

Common Stock $48,000,000

Paid in Capital in excess of Par - Common Stock $6,400,000

Paid in Capital from sale of Treasury Stock $4,500,000

[58,900,000]

Total Paid in Capital $58,900,000

Retained earnings $63,680,000

Total Paid in Capital & Retained Earnings $122,580,000

Deduct: Treasury Stock $5,200,000

Total Stockholder's Equity $117,380,000

7 0

3 years ago

gen-tech sells merchandise on account for $4,000 to acorn company with credit terms of 2/10, n/30. within the discount period, a

pickupchik [31]

Within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account

Using this formula

Check amount=(Merchandise sold- Merchandise return)- [(Merchandise sold- Merchandise return)× Discount]

Where:

Merchandise sold=$4,000

Merchandise return=$500

Discount=2%

Let plug in the formula

Check amount=($4,000-$500)-[($4,000-$500)×2%]

Check amount=$3,500-($3,500×2%)

Check amount=$3,500-$70

Check amount=$3,430

Inconclusion within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account.

Learn more here:

brainly.com/question/19865607

5 0

3 years ago

Two goods are complements when a decrease in the price of one good a. decreases the quantity demanded of the other good. b. decr

Alex777 [14]

Answer: Option A

Explanation: In simple words, complement goods refers to those goods which are used together for example - diesel and diesel car. If the price of diesel increases then the demand for diesel cars will decrease as the consumers will shift to petrol cars or other such means.

These goods depicts negative relationship between price of one and demand for another.

Hence from the above we can conclude that the correct option is A .

7 0

3 years ago

How will the rapo rate cut affect the economy?​

How will the rapo rate cut affect the economy?