The real GDP is affected by a change in the money supply can affect the following in the short run.
Define real GDP.Real GDP is a macroeconomic metric that accounts for inflation and quantifies the worth of the products and services generated by an economy over a given time period. A country's gross domestic product that has been accounted for inflation is known as real GDP. Real gross domestic product (GDP), which refers to the volume level of GDP, is GDP expressed at constant prices. By quantifying the values of all the goods and services produced in a given year in terms of a base period, one can derive constant price estimates of GDP.
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cyclical unemployment is the group of answer choices portion of unemployment that is due to the normal working of the labor market. unemployment that results when people become discouraged about their chances of finding a job so they stop looking for work. portion of unemployment that is due to changes in the structure of the economy that result in a significant loss of jobs in certain industries. unemployment that occurs during recessions and depressions.
Cyclical unemployment is the group of unemployment that occurs during recessions and depressions.
Economists describe cyclical unemployment as the end result of organizations no longer having sufficient demand for exertions to appoint all folks who are looking for paintings at that factor inside the commercial enterprise cycle. whilst call for for a product and provider declines, there may be a corresponding discount in deliver production to compensate.
Cyclical unemployment is the issue of standard unemployment that outcomes without delay from cycles of economic upturn and downturn. Unemployment normally rises all through recessions and declines during economic expansions.
Cyclical unemployment may be because of a recession, which is a duration of negative monetary increase. Cyclical unemployment can also be as a result of downturns in a enterprise cycle in which call for for items and services decreases through the years.
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in a complicated negotiated, minmetals in china agreed to purchase at least 24,000 tons of copper cathode for $35 million from pasar in the philippines. according to the terms of the sale, pasar will provide at least $12 million worth of coal to a chinese power company that will provide the electricity needed to operate minmetals. this is an example of a(n):
Passer will provide at least $12 million in coal to a Chinese power company that will provide the electricity required to operate the minmetals, according to the terms of the sale. This is an illustration of a(n): countertrade
What is countertrade?Countertrade refers to the exchange of goods or services for which payment is made in whole or in part with other goods or services rather than with money. A monetary valuation, on the other hand, can be used in countertrade for accounting purposes. The term bilateral trade refers to transactions between sovereign states. Countertrade is a type of reciprocal international trade in which goods or services are exchanged for other goods or services rather than hard currency. This type of international trade is more common in developing countries that have limited access to foreign exchange or credit.
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which of the following is a positive economic statement? group of answer choices reducing unemployment should be the highest priority of the federal government. an increase in unemployment benefits will increase the unemployment rate. corporations should be prohibited from laying off workers during a recession. congress should increase unemployment benefits during a recession.
An increase in unemployment benefits will increase the unemployment rate is a positive economic statement.
Unemployment, according to the OECD, is humans above a distinctive age now not being in paid employment or self-employment however presently to be had for paintings throughout the reference period. Unemployment is measured via the unemployment fee, which is the range of individuals who are unemployed as a percent of the labour pressure
The term unemployment refers to a scenario wherein someone actively searches for employment but is not able to locate work. Unemployment is considered to be a key measure of the fitness of the economy. The most often used measure of unemployment is the unemployment rate.
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assume that you own 800 shares of $10 par value common stock and the company has a 5-for-1 stock split when the market price per share is $22.50. required: how many shares of common stock will you own after the stock split? what will probably happen to the market price per share of the stock?
I would have 4000 shares after the stock split and market price per share of stock is $4.5.
A stock split may be defined as a method by which a company or an organization increases the number of its shares which are outstanding. A stock split leads to a fall in the price per share of the company. There is no effect on the market capitalization of a firm in a stock split. The meaning of a five for one split is that for every one stock a shareholder owns, it is multiplied by 5.
Number of stocks a shareholder has after a 5-for-1 stock split = 5 x number of stocks the shareholder had before the split that is
5 x 800 = 4000 shares
Now, the market price per share of the stock will be
$22.50/5 = $4.5
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on january 2, 2021, howdy doody corporation purchased 12% of ranger corporation's common stock for $50,000. during 2021, ranger had net income of $100,000 and declared and paid a dividend of $60,000. on december 31, 2021, the fair value of the ranger stock owned by howdy doody had increased to $70,000. how much should howdy doody show in the 2021 income statement as income from this investment?
The amount that Howdy Doody shows in the 2021 income statement as income from this investment will be:
= $60,000 × 12%
= $60,000 × 0.12
= $7,200
A agency's stability sheet might also show the budget it has invested in different organizations. Investments seem on a balance sheet in numerous methods: as not unusual or preferred stocks, mutual price range, and notes payable. Occasionally they are made to position extra coins to work for quick periods.
An investment is an asset or item obtained with the intention of generating earnings or appreciation. Appreciation refers to an increase in the fee of an asset through the years. While individual purchases a good as funding, the cause is not to devour the best but rather to apply it in the destiny to create wealth.
An investment is an asset or object accrued with the goal of producing income or reputation. In an economic outlook, an investment is the purchase of goods that aren't fed on today but are used in the destiny to generate wealth.
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which one is not a criterion for supplier selection? question 1 options: a) communication capability b) enhanced skills c) quality d) cost e) location
The creation of a supplier selection scorecard is the first step in the process of selecting suppliers.
What exactly is a supplier choice?
The method by which businesses select, evaluate, and contract with suppliers is known as supplier selection. A company's financial resources are heavily expended during the supplier selection process, which is crucial to its success.
What are the three primary considerations when choosing suppliers?
Scanning a series of price lists is only one part of the process of selecting the right supplier.A lot of different things, like value for money, quality, dependability, and service, will play a role in your decision.The priorities and strategy of your business will determine how you weigh these various factors.
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according to bruno solnik's classic study, a fully diversified portfolio that contains stocks from many countries is blank as risky as a fully diversified portfolio that contains only us stocks. multiple choice question. more than double less than half equally
According to Bruno Solnik's classic study, a fully diversified portfolio that contains stocks from may countries is less than half as risky as a fully diversified portfolio that contains only US stocks. A diversified portfolio can be defined as a collection of different investments that combine to reduce an investor's overall risk profile.
Diversification portfolio is including owning stocks from several different countries, industries, risk profiles, as well as other investments such as commodities, bonds, and real estate. The example of diversified portfolio is bonds, fixed interest, cash, property, shares, property, and private equity.
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In the ________ activity of scm, organizations coordinate the receipt of customer orders, develop a network of warehouses, select carriers to transport their products to their customers, and create an invoicing system to receive payments.
In the Deliver activity of scm, organizations coordinate the receipt of customer orders, select carriers to transport their products to their customers, and create an invoicing system to receive payments.
An entity, such as a business, institution, or association, that is made up of one or more people and has a specific function is known as an organization or organization (Commonwealth English; see spelling variations). The word is derived from the Greek word organon, which also refers to an instrument, an organ, and many tools. An organization that concurrently performs functions for the public good and expands commercial market activities is known as a hybrid organization.
Secret societies, criminal groups, and resistance movements are examples of organizations that may also function covertly or unlawfully. And occasionally there might be challenges from other organizations.
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an international nonprofit has been experiencing high turnover among its analysts, who are experts in their areas of specialty. this inability to retain staff has prevented the organization from developing strategies to improve healthcare and education in the countries where it operates. the ceo hires you as a consultant to help solve this problem. what recommendations are you most likely to make? check all that apply.
As a consultant, I will advise the company to give analysts autonomy while paying them well to reduce employee turnover.
Recommendations are -
Send analysts to academic and professional seminars in their areas of interest. Give analysts a high degree of autonomy in deciding how to do their work. Pay analysts a premium relative to the market rate for their work.
The number of employees who leave an organization during a certain period of time, usually a year, is referred to as employee turnover or employee turnover rate. Although an organization counts the total number of workers leaving, turnover can also relate to divisions within the organization, such as specific departments or ethnic or racial groups.
Here in this case, the organization can reduce employee turnover, especially analysts, by providing them with certain benefits such as full work autonomy, remuneration according to market rates, which will motivate them and ultimately reduce employee turnover.
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The complete question is here:
An international nonprofit has been experiencing high turnover among its analysts, who are experts in their areas of specialty. This inability to retain staff has prevented the organization from developing strategies to improve healthcare and education in the countries where it operates. The CEO hires you as a consultant to help solve this problem. What recommendations are you most likely to make? Check all that apply.
Send analysts to academic and professional seminars in their fields of interest.Evaluate analysts’ performance according to quantitative measures of their output.Give analysts a high degree of autonomy in deciding how to do their work.Pay analysts a premium relative to the market rate for their jobs.giuseppa works for a company that distributes shares of stock to all the employees by placing the stock in a trust. her company has a(n) ownership plan.multiple choice question.401kgainsharingemployee stockprofit sharing
Giuseppa works for a company that distributes shares of stock to all employees by placing the stock in a trust, her company has an employee stock ownership plan.
What is an employee stock ownership plan?An employee stock ownership plan is described as a sort of benefit plan for employees. In this format, the employees of a company receive an ownership interest in the form of stocks that are shared with the employees. It is important to mention that the sharing of the stocks with the employee is a sort of remuneration system. The stocks of the company in such a scenario perform in a better way.
In this scenario, Giuseppa works for a company that shares the stocks with all the employees. The employees are remunerated through the stocks and employees become the shareholders of the company.
It can be concluded that Giuseppa works for a company that distributes shares of stock to all employees by placing the stock in a trust, her company has an employee stock ownership plan.
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a marketing manager is determining what went gone wrong with the campaign the company planned for its product launch in south america. the manager narrowed down the issues to sociocultural factors, which would include
The management focused on sociocultural elements, which would incorporate obvious artifacts; basic principles.
Which sociocultural components are there?Societies, cultures, and systems are all included under the umbrella term "sociocultural system." A society is a collection of related, interdependent entities. A society's shared taught behaviors and the tangible byproducts of those activities are referred to as its culture.
Consumer lifestyles, purchasing patterns, education, religion, beliefs, values, demography, socioeconomic classes, se-xual orientation, and attitudes are sociocultural variables. These elements decide whether a company's goods and services are appropriate for the needs of its clients.
The importance of sociocultural influencesA person's development and capacity for function are both reliant on sociocultural elements. Sociocultural support, demands, and other factors frequently have substantial enabling or devastating effects on the course of treatment, as well as frequently have a considerable impact on the outcomes of that treatment.
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at december 31 of the prior year and current year, jet corp. had 100,000 shares of common stock and 10,000 shares of 5%, $100 par value noncumulative preferred stock outstanding. no dividends were declared on either the preferred or the common stock in the prior year and current year. net income for the current year was $1,000,000. compute basic earnings per common share for the current year.
The amount of dividends that common investors will get this year is $950,000.
Detailed solution
as evidence
10,000 shares
rate = 5%
each worth $100
dividend = $1 million
finding out
amount of dividends that common investors have received
solution
First Annual Preferred Stock Dividend received, that is
(10000 x $100) 5% annual preferred stock dividend
$50000 is the annual preferred stock dividend.
and we are aware that the prior year saw no dividends declared.
hence, the dividend paid to holders of common stock will be
$1,000,000 - $50000 is the dividend paid to common stockholders.
$950,000 was the dividend paid to common stockholders.
therefore, the ordinary stockholders received $950,000 in dividends this year.
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when a firm attempts to determine whether the product will perform according to its design and whether it satisfies the need for which it was intended, it partakes in
Alpha testing is used by the company to assess whether the product will perform according to its design and whether it will meet the requirement for which it was designed.
What is Alpha testing?Alpha testing is used by the company to assess whether the product will perform according to its design and whether it will meet the requirement for which it was designed. Alpha testers examine the inner workings of the technology, a process known as; white box testing. Participants in alpha tests are often engineers with the requisite skills to provide developers with technical comments and recommendations on how to fix what's broken.
Products often go through multiple phases of testing before being released to the general public. The alpha test phase is inextricably linked to proof of concept initiatives. The practice of distinguishing internal testing from customer-facing testing by using the first two letters of the Greek alphabet started in software development, but the labels are now used by product engineers across many sectors.
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ibis world predicts that the number of employees in the marketing research industry will expand at an average annual rate of 7% through 2022, with wages predicted to increase at an average annual rate of 11%. answer: false true false
IBIS World is the world's largest publisher of industry data, offering a reliable database of useful information on 700 industries.
How big is the industry of market research?
In 2022, the Market Research industry's revenue is estimated to be $28.5 billion.What will be the market research industry's annual growth rate in the United States in 2022?In 2022, it is anticipated that the Market Research industry's market size will grow by 2.4%.
What is the purpose of IBISWorld?
Established in 1971, IBISWorld gives believed industry research on a great many businesses around the world.For the purpose of assisting businesses of all sizes in making better business decisions, our in-house analysts make use of market, demographic, and economic data before incorporating analytical and forward-looking insight.
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determine which statements below are correct regarding merchandise available for sale during a period. (check all that apply.)multiple select question.cost of goods sold beginning inventory
The merchandise available for sale during a period correctly corresponds to the initial inventory term.
What is a beginning inventory examples?Beginning inventory is an economic term that refers to products or merchandise that are recorded at the beginning of an accounting year. The initial inventory is the amount of products that you have just before starting the process of selling them, it is the point of reference to compare the variations that may arise as a result of the sale.
What is the beginning inventory for?Initial inventory is a very important process when we want to start a business. In this inventory we must include all the goods that are our property and the products that we have available to sell. This will allow us to know how much we have sold, when we should contact our supplier to request more product and even when we are losing.
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24. refer to charholi december 31, 2019 income statement shown below. charholi began 2019 with a taxes payable account balance of $7 million. if it ended 2019 with a taxes payable account balance of $10 million, how much did it pay in taxes in 2019? $12.6 million $18.6 million $22.6 million $25.6 million
In 2019, Charoli paid taxes of $12.6 million as per the given income statement
Taxes payable account balance at the beginning of 2019 = $7 million
Taxes payable account at the end of 2019 = $10 million
As per the given question:
The tax expense in the income statement for the year = $15.6 million
But, there has been an increase in the tax payable during the year from $7 million to $10 million.
This means that $3 million of taxes have not been paid this year.
Hence, the final tax paid by the company is = 15.6 - 3 = 12.6 million
Option 1. is the correct answer
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you are the manager of a firm that sells its product in a competitive marekt at a price of $48. your fims cost function is your firms maximum profits are:
A competitive firm achieves equilibrium in a market that is competitive when the fixed market price equals the firm. The firm's maximum profits are $228.
60 + 2Q² is the total price. The derivative of the cost function with respect to the output is the marginal cost. Below is a calculation of the marginal cost.
MC = ΔTC / ΔQ = 4Q
When the marginal cost of production is equal to the price of $48 by the rival firm. The firm's production is computed in the table below.
MC = P
4Q = 48
Q = 12
The profit represents the discrepancy between the competitive firm costs and revenues. As calculated below, the profit.
π = TR - TC
π = PQ - 60 - 2Q²
π = 48 × 12 - 60 - 2 ×12²
π = 228
Hence, the profit is $228. Thus, the correct option is (B).
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Question:
You are the manager of a firm that sells its product in a competitive market at a price of $48. Your firm's cost function is C = 60 + 2Q2. Your firm's maximum profits are: a)192 b)228 c)348 d)576
which of the following statements is false? group of answer choices mortgage interest on a primary residence is fully deductible for new mortgages up to $750,000 points paid on a new mortgage are fully deductible in the year incurred points paid on a refinancing are fully deductible in the year incurred in most cases, interest on a home equity loan is fully deductible in the year incurred if the proceeds are used to improve the property
The false statement is- Points paid on a refinancing are fully deductible
in the year incurred.
Refinancing is the process of swapping out an existing debt obligation for a new one with a new term and cost of borrowing. Based on a variety of economic factors including risk inherent, anticipated risk, political and economic stability of a country, currency stability, financial regulations, borrower's credit ratings, and country's credit score, the conditions and terms of refinancing may vary markedly by nation, provincial capital, or state. Mortgages on primary residences and vehicle loan are two typical forms of refinancing in many developed countries.
Borrowers usually decide for refinancing when there is substantial change in economic environment.
The complete question is here:
Which of the following statements is FALSE?
(a) Mortgage interest on a primary residence is
fully deductible for mortgages up to $750,000.
(b) Points paid on a new mortgage are fully deductible
in the year incurred.
(c) Points paid on a refinancing are fully deductible
in the year incurred.
(d) In most cases, interest on a home equity loan
is fully deductible in the year incurred.
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Which step of the performance management process are heidi and christopher at in the beginning of the video?.
At the beginning of the stated video Heidi and Christopher was at the crucial step that called Review Performance of management .
What is Review Performance ?According to my point of view, Heidi handled the performance review because she gives each individual and the group adequate comments and information about their performance, helps to change behavior toward effective working, and provides statistics for Christopher to reference.
Performance expectations, monitoring, measuring, and assessment are all part of the process- and managerial-based foundation of performance management. Christopher's overall performance as well as that of another team member is being watched by Heidi. Heidi discovered concerns about the general's work on the job, and his work has an impact on how well the corporation does business.
Here, Heidi consistently describes Christopher's and the general's lesser turnover, however general complaints about his behavior were observed. The general's actions have a negative impact on employee engagement and work happiness behavior. monitoring the effectiveness and response at work.
Christopher noticed that each team member was performing very well and contributing to increased profitability, productivity .
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market modification strategies include finding new customers, increasing product , and creating a new use situations. multiple choice question. use modifications awareness advertising
(a) Use
What are market modification strategies?
Market modification - this includes entering new market segments, redefining target markets, winning over competitor's customers, converting non-users. product modification.
For example, adjusting or improving your product's features, quality, pricing and differentiating it from other products in the marking.
What are the types of market strategies?
Types Of Marketing Strategies are:
Market Penetration Strategy.Market Development Strategy.Product Development Strategy.Diversification Strategy.To learn more about Marketing Strategies from the given link
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which of the following types of markets is more efficient (greater overall gains from trade): a) a monopolist who does not price discriminate and has to charge a uniform price b) first-degree price discrimination
First-degree price discrimination markets are more efficient.
What is First-degree price discrimination?Price discrimination is categorized into three types: perfect price discrimination, second-degree price discrimination, and third-degree price discrimination. These price discrimination tiers are also known as personalized pricing (first-degree pricing), product versioning or menu pricing (second-degree pricing), and group pricing (third-degree pricing) (3rd-degree pricing).
First-degree discrimination occurs when a company charges the greatest possible price for each unit consumed. Because prices vary among units, the corporation keeps all available consumer surplus or economic excess for itself. Many sectors that provide client services engage in first-degree price discrimination, which occurs when a business charges a different price for each product or service given.
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when hasbro comes up with an idea for a new toy, it needs to ensure that the children who play with the toy will not choke on any of its parts and that the toy in general will not be a hazard to the children who will be using it. in what stage of the new-product development process will these safety checks occur?
Product development stage is the stage of the new product development process these safety checks occurs.
What are the 5 stages of product development?Five stages guide the new product development process:
idea generation, screening, concept development, product development and, finally, commercialization.Why is product development important?Product development strategies are crucial to ensure value for your customers, as well as ensuring that there is suitable demand and that your final products are of the highest possible quality before you introduce the products to market.
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you purchase a $255,000 house and you pay 20 percent down. you obtain a fixed-rate mortgage where the annual interest rate is 5.85 percent and there are 360 monthly payments. what is the monthly payment? (you need to show the steps)
You purchase a $255,000 house and you pay 20 percent down. you obtain a fixed-rate mortgage the monthly payment is $1203.48
What is a fixed-rate mortgage?Generally, In contrast to loans where the interest rate may change, or "float," throughout the course of the loan's term, a mortgage loan with a fixed rate is one in which the interest rate on the note stays constant during the duration of the loan.
In conclusion, the equation that defines Loan Amount is
Loan Amount = Purchase price - Purchase * 20%
Loan Amount= 255000 * (1-20%)
Loan Amount= 204000
The payment equation is
PMT = PV/(1-(1+r)-n)/r
Where
Rate = 5.85%/12
Number of periods = 360
Hence
PMT =[tex]\frac{204000}{(1-(1+5.85 \%/12)} - \frac{360)}{(5.85\%/12) }[/tex]
PMT = 1203.48
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which of the following is the most fundamental issue that economics addresses? responses choice of appropriate technology choice of appropriate technology reduction of unemployment reduction of unemployment reduction of budget deficit reduction of budget deficit promotion of privatization promotion of privatization use of scarce resources
The correct option is 'use of scarce resources'. This is the most fundamental issue that economics addresses.
Economics is the study of how economies function and the activities and interactions of economic agents. The study of microeconomics examines what are thought to be the fundamental components of the economy, such as individual agents, markets, and the relationships that result from those interactions. Examples of individual agents include homes, businesses, buyers, and sellers. Macroeconomics examines the economy as a system in which production, utilisation, saving, and investment coexist, as well as factors influencing it such as the employment of labour, capital, and land resources, monetary inflation, economic growth, and policy initiatives that have an effect on these components.
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in addition to the trade-off between current consumption and investment in capital and research, what other trade-offs do governments face in terms of economic growth?
Natural environment trade -off the government faces in the terms of economic growth, in addition to the trade- off between current consumption and investment in capital and research.
What is the meaning of Trade-Off?Economics is full of tradeoffs; Trade- off refers to forgoing a benefit or opportunity while making a choice. In economics trade off refers to opportunity cost which is the most preferred alternative. A trade off refers to the sacrifice made for getting a particular product or experience concept of trade- off is used to describe the everyday situations.
Many factors affect the trade- off environment of a particular country like availability of raw materials, skilled labor, machinery, technology, capital, market rate. Trade- off are positive in competition and essential for strategy . Trade- off are used in many business and real-life situations. Business is a game of trade- offs, Opportunity cost and trade off plays an important role in the business decisions.
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one of the advantages of a narrow span of control is: group of answer choices more levels of management a high degree of control greater organizational flexibility increased employee autonomy top management isolation
The correct answer is: A high degree of control
A management style is known as "limited span of control" involves managing just a few personnel. The number of workers who report to a supervisor in a corporation is referred to as the span of control. Wide spans of control, in which several employees rather than a small number report to a single boss, are the reverse of narrow spans of control.
The advantages of a narrow span of control are:
Enhanced communicationImproved employee satisfactionIncreased awarenessCloser teamsMore comprehensive trainingThe disadvantages of a narrow span of control are:
Inefficient use of resourcesIncreased costDisruptiveLimited cohesionLearn more about span of control:
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kyle, whose spouse died in december 2019, filed a joint tax return for 2019. he did not remarry but has continued to maintain his home in which his two dependent children live. what is kyle's filing status in 2022? a.head of household b.single c.married filing separately d.surviving spouse
Kyle's filling status in 2022 is option A. Head of household. A filing status for individual United States taxpayers is called as a Head of household.
Head of household status generally can be described as a preferential tax rates and also larger standard deduction for single people caring for qualifying dependents. At the end of the year to use the Head of Household filing status taxpayer must be unmarried or considered unmarried. In the other side, head of household status also can be applied by unmarried or a qualified dependent living with you more than half the year or a parent for whom you cover half of housing costs.
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from before the financial crisis began in september of 2007 to when the crisis was over at the end of 2009, the huge expansion in the fed's balance sheet and the monetary base did not result in a large increase in money supply because
The Fed's balance sheet was about $870 billion prior to the crisis, or about 7% of GDP. This size largely reflected the quantity of currency in circulation, which at the time was its greatest liability.
What actions did the Federal Reserve take during the 2007 and 2008 financial crises?
The financial crisis that began in the summer of 2007 was aggressively responded to by the Federal Reserve, which implemented a number of programs to support financial institutions' liquidity and foster improved conditions in financial markets.
The Federal Open Market Committee (FOMC) accelerated its interest rate cuts in the fall of 2008, bringing the rate to its effective floor—a target range of 0 to 25 basis points—by the end of the year.
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land and a warehouse were acquired for $890,000. what amounts should be recorded in the accounting records for the land and for the warehouse if an appraisal showed the estimated values to be $400,000 for the land and $700,000 for the warehouse? (round intermediate percentage calculations to 1 decimal place.) multiple choice
$323,960 for Land and $566,040 for warehouse should be recorded in the accounting records.
What do you mean by accounting?
Accounting is the measurement, processing, and exchange of financial and non-financial information regarding economic entities such as enterprises and corporations. Accounting, also known as the "language of business," measures and communicates the outcomes of an organization's economic operations to a wide range of stakeholders, including investors, creditors, managers, and regulators.
When the combined assets are purchased in a lump payment, the standalone price is computed as a percentage of the assets' fair worth.
As a result, the value of land that should be documented = Consideration Paid × Fair Value of the Land / (Fair value of Land + Fair value of Warehouse)
= $890,000 × $400,000 / ($400,000 + $700,000)
= $323,960
As a result, the value of land that should be documented= Consideration Paid × Fair Value of the Land / (Fair value of Land + Fair value of Warehouse)
= $890,000 × $700,000 / ($400,000 + $700,000)
= $566,040
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Complete Question
Land and a warehouse were acquired for $890,000. What amounts should be recorded in the accounting records for the land and for the warehouse if an appraisal showed the estimated values to be $400,000 for the land and $700,000 for the warehouse? (Round intermediate percentage calculations to 1 decimal place.)
A $190,000 for land; $700,000 for warehouse
B. $400,000 for land: $490,000 for warehouse
C. $400,000 for land; $700,000 for warehouse
D. $323,960 for land: $566,040 for warehouse
What is a benefit of investing in a certificate of deposit?
A benefit of investing in a certificate of deposit is that "You earn more interest than you would use a savings account." Option C
This is further explained below.
What is a savings account.?Generally, Visiting a branch of a bank with a form of identification authorized by the government, as well as any cash or cheques that you desire to deposit, will allow you to start a savings account.
You will also be required to provide a social security number or taxpayer identification number in addition to your address and other contact details. You can be required to establish a savings account in addition to a checking account, and the savings account might have a lower minimum deposit requirement than the checking account. Additionally, you may start a savings account with an internet bank if you so want.
Higher Interest Rates, When compared to savings accounts and money market accounts, certificates of deposit (CDs) have the potential to give greater interest rates on deposits.
This is due to the fact that you make a commitment to keep your money invested in the CD for a certain amount of time.
The annual percentage yield (APY) and the interest rate offered by the bank, as well as the length of time the certificate of deposit is held, as well as the general interest rate climate all, have a role in determining how much money you
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