Answer:
For each one percent increase in the interest rate, amount of deposit increases by 11.145%
Explanation:
To obtain the amount rate at which deposit increase per percentage increase in interest rate ;
We obtain the slope Coefficient of the regression equation between the amoub of deposit and interest rate paid.
From the result of the analysis given ;
The slope Coefficient of X, interest rate % is 11.145
Hence, For each one percent increase in the interest rate, amount of deposit increases by 11.145%
Answer:
Mr. Crane must first draw the interests and abilities of the companions. Some of them might be logically very good and obsessive in some parts (film division, editing division, sound division, etc.) but they might be assign to some other division. This will enhance in their low level of satisfaction and motivation. This will also assist Mr. Crane in conveying the divisions as per comforts of the associate as possible.
Explanation:
Mr. Crane must achieve an unidentified Response Survey between staffs so that their disquiets and problems can be carried out. Some individuals might not give this response openly.
Mr. Crane must also look at some of the work structures which are very serious for employee’s job satisfaction:
- Operational time (Are Associates working long hours?)
- Pay and compensation (Are they paid less than market rates?)
- Training and learning opportunities
- Traditional and sport actions to keep staffs involved
- Inspiration from leaders
Mr. Crane must find out the points through above methods and effort to discourse them so that staffs feel pleased and motivated. He can also initiate Rewards & Recognition program to escalate good workers. This will also improve their motivation.
Answer and Explanation:
The journal entry is shown below:
Cash $8,200
To Notes receivable $8,000
To Interest revenue ($8,000 × 10% × 90 days ÷ 360 days) $200
(being the collection of notes is recorded)
For recording this we debited the cash as it increased the asset and credited the notes receivable and interest revenue as it decreased the assets and increased the revenue
Answer:
Lester Company
The accumulated depreciation amounts for buildings $35,000 and for equipment $60,000 were obtained as the differences between the costs and the book values of the assets. The cost of a long-term asset is usually reduced to its book value by the total amount in the accumulated depreciation account. The accumulated depreciation account shows the progressive amounts set aside annually as a write-off of the asset, showing its use over the period in accordance with the accrual concept and matching principle. The accrual concept and matching principle require cost to be matched to the revenue it helps to generate.
Explanation:
Transferred Assets:
Cost Book Value Difference Explanation
Cash $40,000 $40,000 $0
Accounts Receivable 75,000 68,000 $7,000 (doubtful accounts)
Inventory 50,000 50,000 $0
Land 35,000 35,000 $0
Buildings 160,000 125,000 $35,000 (depreciation)
Equipment 240,000 180,000 $60,000 (depreciation)
Answer:
monetary policy, Federal reserve’s tool to influence the money supply in the economy
factor market, A market where firms buy services related to production
product market, A market where finished goods and services are traded
fiscal policy, Federal government’s way to influence the economy through taxes
Explanation: I looked up the deffinitions, because the other answers did not seem right to me.
