Business, 21.11.2019 06:31 babyissy2016
Suppose in an economy, the currency in circulation is $5,000, the vault cash is $500, the checkdeposit is $10,000, the required reserve ratio is $10%, and the deposit of commercial banks atthe federal reserve is $1,000.1. calculate what is amount of the money supply? 2. calculate what is the amount of the money base? 3. calculate what is the amount of the required reserve and what is the amount of the excessreserve?
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Business, 22.06.2019 03:30
Used cars usually have options: higher depreciation rate than new cars lower financing costs than new cars lower insurance premiums than new cars lower maintenance costs than new cars
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Business, 22.06.2019 06:10
P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.
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Business, 22.06.2019 12:00
Identify at least 3 body language messages that project a positive attitude
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Business, 22.06.2019 17:50
Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.
Answers: 1
Suppose in an economy, the currency in circulation is $5,000, the vault cash is $500, the checkdepos...
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