BUSINESS HIGH SCHOOL

Free enterprise system → A system in which businesses may buy, sell, and set prices with little government controlTrue False

Answers

Answer 1
Answer: that is true my friend
Answer 2
Answer:

Answer:

true

Explanation:

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All of the following make up the big three credit reporting agencies EXCEPT: A: Equifax
B: TransUnion
C: Experian
D: Federal Reserve

Answers

The Federal Reserve is not a credit reporting agency. It is the main banking system in America, created in the 1910s. Credit reporting agencies work with banks such as the Federal Reserve to help the bank - or another type of business - decide whether a person they lend money to will be able to pay it back.

The Federal Reserve is not a credit reporting agency. This also implies the correct answer is D.

The Federal Reserve is the America central bank while a credit reporting agency refers to a business that keeps individuals or businesses credit information. The top credit reporting agencies include Equifax, Transunion, and Experian

Further Explanation

Federal Reserve is considered the most powerful sector in the US; it is a major player in controls of the world money.

The Federal Reserve is comprised of two components, which include

  1. The board of governors
  2. The federal open market committee

The functions performed by the board of governors include

  • It sets reserve requirement for banks
  • It has a total of 7 members
  • It controls monetary policy
  • It sets the discount rate

The federal open market committee performs the following functions:

  • It controls the operation of the open market
  • It set the target for fed fund rate

In General, the Federal Reserve System has some core functions and these include:

  • It controls the affairs of the banking
  • It manages inflation

However, some of the functions of credit reporting agencies include:

  • Maintaining credit information
  • They give credit report
  • They also calculate credit scores.

The three largest credit reporting agencies include

  1. Equifax
  2. Transunion
  3. Experian

LEARN MORE:

KEYWORDS:

  • credit scores
  • agencies
  • federal reserves
  • banks
  • united states

A cost production report is being used to help managers set a selling price high enough to cover the manufacturing cost of each unit, plus include the selling and administrative costs. This is an example of using reports to ________.

Answers

Answer:

Price of products

Explanation:

If a cost provides production report is used to set a selling price of a product that cover manufacturing and all other costs then report is an example of profit

Geoff rents an apartment with a monthly rent of $850. He owns the furniture in the apartment, which is worth $3,500, and he owns his car, which is worth $6,000. Geoff has a balance of $1,225 on his credit card and has $3,560 in a savings account.

Answers

Answer:

D. the credit card

Explanation:

took test on edge 2021
Are you asking about the total costs of living that Geoff have?
He owns a furniture in the apartment which is worth 3500 dollars and car which is worth 6000 dollars
=> 3500 + 6000 = 9500 dollars.
He also have a savings of 3560 dollars
=> 9500 + 3560 = 13,060 dollars.
now, he pays 850 dollars for rent and 1225 dollars for his credit card
=> 1225 + 850 = 2075
=> 13,060 dollars. - 2075= -10985 dollars.

Which of the following accounts increases with a​ credit? A. ​Owner, Capital B. Prepaid Expense C. Accounts Receivable D. ​Owner, Withdrawals

Answers

Answer:

a

Explanation:

Final answer:

In the realm of accounting, the Owner, Capital is the account that increases with a credit. This is a reflection of increased business value through investment, asset acquisition, or net income. Other accounts listed either increase with a debit or decrease with a credit. Option A is correct.

Explanation:

In the double-entry bookkeeping system, accounts are either increased with a debit or a credit. The account that increases with a credit among the options provided is Owner, Capital. This is because it reflects the owner's investment into the business, an increase in business assets, or an increase in net income, all of which increase the value of the “Owner, Capital” account. In contrast, Prepaid Expenses and Accounts Receivable increase with a debit, while Owner, Withdrawals decrease with a credit.

Learn more about Accounting here:

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A company made a profit of $25,000 over a period of 5 years on an initial investment of $10,000. What is its annualized ROI? . A.) 50%. B.) 40%. C.) 30%.

Answers

A company made a profit of $25,000 over a period of 5 years on an initial investment of $10,000. What is its annualized ROI?

Answer: Out of all the options shown above the one that best represents the annualized ROI is answer choice C) 30%. To solve this you first need to determine the data that will be needed to solve it. In this case the initial investment which is 10,000, the total profit: 25,000, and finally the total number of years: 5. Then we simply use the following formula: Return on Investment = (Gain from Investment - Cost of Investment)/ cost of investment. You then multiply the result by 100% and finally divide by the number of years which in this case is 5.

I hope it helps, Regards.

Answer:

C) 30%

Explanation:

and ends at (240,250). There is a blue downward sloping line that starts at (70,250) and ends at (240,150).) What sales price should you select to meet the equilibrium price for the lawn mower?

Answers

Answer:

$190

Explanation:

The equilibrium price of the lawnmower can be deduced from the graph ; it is the point of intersection of the orange and blue line ; which is the intersection point if the supply and demand line. The price axis is located on the vertical y-axis. This intersection point when traced to the left of the graph gives the equilibrium price. Hence, the equilibrium price as obtained from the graph is about $190
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