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seropon [69]
3 years ago
13

Which of these factors mostly greatly impacts business cycles

Business
1 answer:
sveta [45]3 years ago
8 0
The answer is D. economy
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3. Who was the first customer of mcdonald's and what was ordered?
valentinak56 [21]

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The main McDonald's eatery was begun in 1948 by siblings Maurice ("Mac") and Richard McDonald in San Bernardino, California. They purchased machines for their little cheeseburger eatery from sales rep Ray Kroc, who was fascinated by their requirement for eight malt and shake blenders.

Explanation:

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3 years ago
When a parent uses the equity method throughout the year to account for its investment in an acquired subsidiary, which of the f
Roman55 [17]

Answer: The correct answer is "C. Parent company total assets equals consolidated total assets".

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3 years ago
ABC Ltd (ABC) engaged the accounting firm of Ace & King to perform its annual audit. Ace amp; King performed the audit in a
Debora [2.8K]

Answer:

The auditor is entitled to collect the audit fee and is not liable for $90 000.

Explanation:

Ace & King did their job in a competent way, the fact that the company's controller was doing something illegal is not their responsibility. External auditors work with the information that is given to them and their job is limited to analyzing them and making their conclusions about them.

In this case, the controller was the person responsible for giving the information to the auditing company, so he had the chance to direct their conclusions. An external auditor is not responsible for what happens inside a firm, and if someone steals money or assets, he/she is responsible for it.

8 0
4 years ago
The desired reserve ratio is 10 percent of deposits, and the currency drain ratio is 1 percent of deposits.
Flauer [41]

Answer:

Quantity of money changes by $50,000,000

Explanation:

Desired reserve ratio = 10% = 0.1

Currency drain ratio = 1% = 0.01

Money multiplier = (1+0.1) / (0.1+0.01) = 1.1/ 0.11 = 10

Value of securities purchased = $5 million

Change in quantity of money :

$5 million * 10 = $50 million

Currency created : currency drain ratio * change in quantity of money

0.01 * $50,000,000 = $500,000

Amount of bank deposit = quantity change - currency created

= $50,000,000 - $500,000 = $4,500,000

4 0
3 years ago
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