BUSINESS HIGH SCHOOL

What range of interest rate on atraditional loan can a company in good
financial standing expect from a bank?
A. 1% up to 10%
B. 15% up to 25%
C. 30% up to 45%
D. 50% and up.

Answers

Answer 1
Answer: The correct answer is B

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An example of an investment account where the interest earned is tax exempt is a(n)a. IRA account. c. savings account. b. mutual fund account. d. municipal bond.
Which of the following is true regarding this economic model? a. The fact that there are only two goods produced in this theoretical economy, when, in reality, economies produce many more types of goods, means this model is generally useless. b. In order to construct such a model, an economist would need real life data regarding countries that only produce two goods. c. This PPF is not an economic model. d. The fact that there are only two goods produced in this theoretical economy is a simplifying assumption that still allows economists to demonstrate key economic concepts.
An increase in the supply of money in an economy could be caused by (choose all that apply): a. an increase in the discount rate. b. a decrease in the discount rate. c. an increase in the required reserve ratio. d. a decrease in the required reserve ratio. e. a sale of government securities by the Fed. f. a purchase of government securities by the Fed
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Since accounting principles differ among countries, the overall global trend is for firms to begin using______________.

Answers

Answer:

The correct answer is International Financial Reporting Standards (IFRS).

Explanation:

The International Financial Reporting Standards (IFRS) are technical accounting standards adopted by the IASB, a private institution based in London. They constitute the International Standards or international norms in the development of the accounting activity and suppose an accounting manual in the way that is acceptable in the world.

The main reason that explains the tendency of the countries towards the application of IFRS, is based on the main objective of the IASB, which is "to develop, seeking the public interest, a single set of global accounting standards that are high quality, understandable and mandatory, that require high quality, transparent and comparable information in the financial statements and other types of financial information, to help participants in capital markets around the world, and other users, to make economic decisions. "

One source that grant writers could turn to for funding is a/an

Answers

There are many sources for funding like non-profit organizations, government agencies and academic institutions. For example, you have a research dedicated on building an equipment to improve the diagnosis of a complicated disease, you can ask funding from national healthcare institutions.

Which of the following would not be used to pay for previous credit purchases under the periodic system?A. Debit to Accounts Payable
B. Credit to Purchase Discounts
C. Credit to Accounts Payable
D. Credit to Cash
i know its not cash

Answers

Answer:

Debit to Accounts payable ( A )

Explanation:

To pay for previous credit purchases made by a company it can be made by crediting the Accounts payable of the company or by converting the credit to cash payments to the company from whom the company purchased the goods.

Accounts payable is a liability account operated by a company to take care of all the credit purchase made by the company. crediting this account by the company will help offset previous credit purchases while debiting this accounts will leading to worsening the debit conditions of the company towards its suppliers hence this is a means of paying for previous credit purchases

C. Credit to Accounts Payable

Consumers are protected from being forced to pay for goods and services when they have a __________ dispute with the seller

Answers

Consumers are protected from being forced to pay for goods and services when they have a Legitimate Dispute with the sellers.
This protection come from the preservation of consumers claims and defense Ruling

A company reported monthly revenues of $ 315,000 and expenses of $ 100,000. What is the result of operations for the​ month? In order to calculate the operations for the month we must compute net income or net loss. Begin by determining the equation to compute net income or​ loss, then enter the amounts to solve for the operations for the month.

Answers

Answer:

The result of the operation of for the month is Net Income of $215,000.

Explanation:

Values Reported as follows

Revenues = $ 315,000

Expenses = $ 100,000

Equation to compute net income or​ loss:

In case if Total Revenue is higher than the Total Expenses the net result will be as Income and Total Expenses is higher than the Total Revenue the net result will be as Loss.

Net Income / Net Loss =  Total Revenue -  Total Expenses

Calculations:

Net Income / Net Loss =  $315,000 - $100,000

Net Income = $215,000

So the result of the operation of for the month is Net Income of $215,000.

Which of the following represents the best possible economic situation created by the relationship between population and real GDP?A. the population decreases and the real GDP increases
B. the population decreases and the real GDP decreases
C. the population increases and the real GDP stays the same
D. the population increases and the real GDP decreases

Answers

The best possible economic situation created by the relationship between population and real GDP would be : A. Population decreases and the real GDP increases.
with this condition, the total GDP per capita of that nation would be increased, which is the best scenario compared to the other options
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