15 points :)!! Does reducing interest rates make it so banks make more loans, which overall increases the money supply????

Which entity prepares contract forms for trec?

timurjin [86]

The Texas Real Estate Broker-Lawyer Committee prepares and recommends these contract forms for the Texas Real Estate Council. These are the forms used in land contracts and similar sorts of agreements. Brokers use these to sell real estate and houses to customers.

6 0

2 years ago

The XYZ Company is a world leader in medical device manufacturing. Aiming to continue its market position in this industry, the

mafiozo [28]

Answer:

c. market lead

Explanation:

For about all candidates, salary is an important job characteristic.

Organizations have an employing benefit if their strategy is to pay for a lead market approach, that is, compensate more for a job than the existing market salaries.

Higher pay can also compensate for the less precious features of a job.

6 0

2 years ago

TEW COMPANY Balance Sheet As of December 31 ASSETS Cash $ 20,000 Accounts receivable 80,000 Inventory 50,000 Net plant and equip

Mariana [72]

ANSWER: 57.5%

Debt to assets ratio:

= Total Liabilities / Total Assets

Given:

Cash $20,000

Accounts Receivable $80,000

Inventory $50,000

Net Plant and Equipment $250,000

Total Assets: $400,000

Accounts Payable $40,000

Accrued Expenses $60,000

Long Term Debt $130,000

Total Liabilities: $230,000

Computation:

= $230,000 / $400,000

= 57.5%

The interpretation of the figures shown is that 57.5% of the total assets are financed by the creditors of company instead of investors being funded by borrowing compared as how much was funded by the investors.

Generally, 40℅ ratio or lower is considered as a good debt ratio. Above than 60℅ ratio is said as poor ratio, because of the risk that the company will not be able to generate cash flows to finance and pay its debts.

Therefore, TEW Company has a normal and efficient ratio of 57.5% and is able to pay its debts.

3 0

2 years ago

Stefan has inherited a large amount of money and decides he wants to start a skateboard shop. He has money to invest up front, b

Oksi-84 [34.3K]

Corporation or sole proprietorship would be his best business options, depending on what he is willing to risk.

A corporation is a legal entity that is separate and distinct from its owners. Corporations enjoy most of the rights and responsibilities that an individual possesses; that is, a corporation has the right to enter into contracts, loan and borrow money, sue and be sued, hire employees, own assets and pay taxes.

The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts.

The correct answer between all the choices given is the first choice or letter A. I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

5 0

2 years ago

Read 2 more answers

Presented below is a combined single-step income and retained earnings statement for Hardrock Mining Co. for 2017.

Gennadij [26K]

Answer:

(a) Net income $198,788

(b) Retained earnings at 12/31/17 = 3,145,448

(c) Note to the account:

Earnings per share for the year is $0.02 per share. That is:

Earnings per share = Net income / Number of common stock outstanding = $198,788 / 10,000,000 = $0.02 per share

Explanation:

Note: See the attached excel file for the multiple-step income statement.

A multi-step income statement refers to an income statement in which the gross profit and the categories of each expenses and income are giving in details before the net income of a company in a specific period is obtained.

The multiple-step income statement of Hardrock Mining Co. for 2017 is given in the attached excel file in which we have the following:

(a) Net income $198,788

(b) Retained earnings at 12/31/17 = 3,145,448

Calculation of earnings per share for the year

The earnings per share can be calculated as follows:

Earnings per share = Net income / Number of common stock outstanding = $198,788 / 10,000,000 = $0.02 per share

Therefore, earnings per share of the company for the year is $0.02 per share.

The note to the account that disclose earnings per share data in the financial statement of Hardrock Mining Co. for 2017 will appear as follows:

Note to the account:

Earnings per share for the year is $0.02 per share. That is:

Earnings per share = Net income / Number of common stock outstanding = $198,788 / 10,000,000 = $0.02 per share

Download xlsx

4 0

2 years ago