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kozerog [31]
2 years ago
9

In 1945, $10,000 bills were discontinued for public use by the Board of Governors of the Federal Reserve System. True False

Business
1 answer:
Alexandra [31]2 years ago
7 0
This is definitely true,hope I helped you :)
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What is a plan to help you reach your financial goals called?
Vikentia [17]

Answer:     Primemerica

Explanation: Its a financial company where you get to build a business within the company. You will be helping families financially. You going to help people get out of debt, make sure they have the right amount of life insurance coverage, and show them how to reach their goals (such as saving for retirement, college fund, vacation, buying a house, or whatever their goals are). Most people don't have a plan on how to reach their goals. Without a plan, their goals will never come true because there are too many distractions in life.

Besides helping families, you can also recruit people into your business and every recruit has the same opportunity as you do. Why recruit? For one, there's only 24 hours in a day and you are just 1 person. How much work can you do by yourself? If you recruit people, more work gets done. Second, you get to make new friends by recruiting. Third, you override your recruits. That means every time your recruit helps a family, the company pays you an override. An override is not a split in commissions. Its profits earn from a sale. That's how every business work. For example, if you worked at McDonalds, every time you sell a burger, the company earns a profit. Do you think the owner of a McDonalds restaurant is there? Of course not. He or she is probably enjoying life.

Override leads to freedom. The top earners in this company earning millions of dollars per year really don't do any work anymore. They live off overrides and residual income (which is work they done in the past continues to pay them forever). Some of these million dollar earners do training and teach others valuable lessons on how to build a business. If you look at the background of these million dollar earners, most of them came from a poverty or middle class families. Are these people any better than you or me? Of course not. They just worked harder than anyone else. Will you get to be a million dollar earner? Only if you work as hard as they did and do it long enough. It all depends on how badly you want it and how much do you believe in yourself.

4 0
3 years ago
Marvin company negotiated the purchase of a new building for $250,000. Marvin paid a $100,000 down payment and will pay off the
BARSIC [14]

In the given transaction Marvin Company has purchased a new building for $250,000. Marvin paid a $100,000 down payment and will pay off the remainder over seven years it means the balance (250000-100000) = 150,000 is a liability for Marvin company.

So there is an Increase in the asset by $250,000 due to purchase of the building and there is a decrease in assets by $100,000 due to the payment of cash. Hence the Net increase in the assets is (250,000-100,000) = $150,000.

And there is an increase in the liabilities by $150,000.


Hence the correct answer is:

d. $150,000 net increase in assets and $150,000 increase in liabilities




3 0
3 years ago
As EBIT drops, the return on equity (ROE) of a levered firm drops ______ the ROE of an otherwise identical unlevered firm.
Pepsi [2]

Answer:

Relatively more than

Explanation:

As we know,  

The levered firm is that firm in which debt is involved whereas unlevered firm is that firm in which there is no debt involved.  

As if the EBIT drops, the return on equity drop is relatively more than the ROE of unlevered firms due to involvement and not involvement of debt. As it generated high risk and return which is gradual increases during a given period of time  

3 0
3 years ago
The domestic supply and demand curves for hula beans are as follows: P = 50 + Q (supply) and P = 200 – Q (demand) where P is the
Iteru [2.4K]

Answer:

Margin of surplus = 1,200

Explanation:

Given:

Supply P = 50 + Q

Demand P = 200 – Q

Current price = 60 cents per pound

Considering a tariff = 40 cents per pound

Computation:

Producers surplus = [10 x 10] / 2

Producers surplus = [100] / 2

Producers surplus = 50

So,

New producers surplus = [50 x 50] / 2

New producers surplus = 1,250

Margin of surplus = 1,250 - 50

Margin of surplus = 1,200

8 0
3 years ago
Kathy Bates has just moved into a condominium complex of 60 units. The complex has a swimming pool, and a management company tak
ozzi

Answer:

special assessment

Explanation:

Special assessments are taxes levied on real estate to fund public improvements to the property that will benefit that property.

It is also called improvement taxes.

6 0
3 years ago
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