Answer:
$0.15
Explanation:
Interest is calculated using the formula below.
I = P x i x t
where I = interest
P= principal amount.
i=interest rate
t=time
Interest is given as an annual percentage. A 2.75 % interest will translate to 2.75/100 divided by 12 monthly interest. Therefore, the applicable interest rate is 0.00229 %
interest for the month will be
i=$65 x 0.00229 x 1
=$0.14895
=$0.15
A. word Cash.
c. account title.
B. words Opening Entry.
d. word Balance.
The first item in the ledger account's Item column for the opening entry should be the account title. This provides a clear description of the account's purpose. Following entries will include transaction details.
Learn more about Ledger Accounts here:
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Answer:
Obviously FFA
Explanation:
Answer:
Pit A is located on a valley floor while Pit B is along a hillside.
Answer:
strategic planning
Explanation:
In simple words, Strategic preparation refers to the method of tracking your local small company and setting a pathway — by determining where you're actually at and where you are heading.
Such strategic plan provides a facility to archive your purpose , dream, and principles, and also your long-term objectives and the formative assessments you will be using to accomplish them.
Management is important for the growth of an organization and its success. Management is essential for organizing, leading, and controlling the resources of the organization. The importance of management can be based upon the following:Planning: Planning is the most important function of management. Planning helps in determining the goals and objectives of the organization. It involves developing policies, procedures, rules, regulations, and programs to achieve these objectives. Planning is a necessary process as it helps to achieve the goals and objectives of the organization.Organizing: Organizing is another important function of management. It involves determining the resources needed to achieve the objectives of the organization. Organizing involves developing a structure that helps in the smooth flow of information and helps to achieve the goals of the organization.Leadership: Leadership is important in management as it helps to influence and motivate people to achieve the goals of the organization. Leadership involves inspiring, guiding, and directing people to achieve the objectives of the organization.Controlling: Controlling is the last function of management. It involves measuring the performance of the organization and taking corrective measures to improve the performance of the organization. Controlling helps in evaluating the performance of the organization and taking corrective measures to achieve the objectives of the organization.In conclusion, management is important for the growth and success of the organization. Management helps in planning, organizing, leading, and controlling the resources of the organization. These functions help in achieving the goals and objectives of the organization.
Increase reserve requirement
Lower the discount rate
Buy of government securities
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Question 2 (Multiple Choice Worth 5 points)
[04.04MC]
Which of the following actions would the Federal Reserve most likely take during an economic recession?
Increase reserve requirement
Raise interest rates
Lower discount rate
Sell government secur
The Federal Reserve could increase reserve requirement to control inflation by restricting money supply, and lower the discount rate during an economic recession to stimulate spending and economic activity.
To rein in spiraling inflation, the Federal Reserve would most likely increase reserve requirement. This means they would require banks to hold a larger portion of their assets in reserve, thus decreasing the amount available to lend, stifling the supply of money, and helping to control inflation.
On the other hand, during an economic recession, the Federal Reserve would most likely take the opposite approach. To stimulate the economy, they would likely lower the discount rate. This move would make it cheaper for banks to lend money, thereby encouraging consumer and business spending and potentially help stimulate the economy out of recession.
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