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inysia [295]
2 years ago
15

on november 1, 2021, aviation training corp. borrows $60,000 cash from community savings and loan. aviation training signs a thr

ee-month, 7% note payable. interest is payable at maturity. aviation’s year-end is december 31.
Business
1 answer:
Juli2301 [7.4K]2 years ago
6 0

Answer:

Explanation:

Nada babosa gracias

You might be interested in
9+10= what A.19 B.21 C.1 D222
Advocard [28]

Answer:

A.19

hope this helps! this seems like an easy question to me, is this a trick question??

8 0
3 years ago
Read 2 more answers
In the equation of exchange, M x V = P x Q, the P represents ___________________.
Bogdan [553]

Answer:

P in the equation represents Price level

Explanation:

The equation above is referred to as the equation of exchange.

M = money supply, V= velocity of money, P= price level and Q= real output (real GDP)

P × Q gives the nominal GDP while M×V is the effective money supply.

The total value of goods and services available in the economy (represented by the nominal GDP) is equals to the total amount of money available to purchase them (the effective money supply.

The velocity of money is the rate at which money been is used or spent for transaction purposes in the economy. It is assumed to be constant.

For example, If there exist only a $1000 note in the economy, this amount just needs to be spent once to purchase a total nominal GDP of $1000. However, if there exist just one $500 note, then it means the $500 will need to be spent 2 times to purchase the total value of goods worth $1000. The 2 is the velocity of money

This equation is also used to explain the concept of the quantity theory of money.

The theory states that if an economy is operating at the full employment level, an increase in money supply will not impact the real GDP rather it will drive up the price level up. This idea forms the basis of the position of some economists that money supply drives inflation

The assumptions of the theory are as follows:

The velocity of money is constant

The the economy is at the full employment output. This implies that the economy is using all of its productive resources efficiently

3 0
3 years ago
Ben receives an email purporting to be from his bank, advising him that new passwords are being distributed. The email asks him
Nina [5.8K]

Answer:

The correct answer is E

Explanation:

Phishing is the term which is defined as group of individual or the malicious individual who are scam users. This is done by sending the emails or creating the web pages which are designed in order to collect the information of online bank, other login information or credit card information of an individual.

So, Ben is the victim of phishing, as the fraud is done with him by sending the emails.

3 0
3 years ago
Columbia Products produced and sold 1,200 units of the company’s only product in March. You have collected the following informa
Leya [2.2K]

Answer:

1. $70

2. $106.42

Explanation:

(1) Variable manufacturing cost per unit:

= Direct labor + Direct material + Variable overhead

= $10 + $34 + $26

= $70

(2) Full cost per unit:

= Direct labor + Direct material + Variable overhead + Variable selling cost + (Fixed ÷ 1,200)

= $10 + $34 + $26 + $5 + [(19,500 + 18,200) ÷ 1,200)]

= $75 + $31.42

= $106.42

8 0
3 years ago
1. The risk free rate of return is often measured by the return on US Treasury Bills. True or False?
ivanzaharov [21]
The answer for number 2 is A
5 0
3 years ago
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