The balance sheet below reflects Zee Bank after its purchase of $45 million in government securities from the Fed. Assume a required reserve ratio of 10%, that banks hold no excess reserves, and all currency is deposited into the banking system. Assets Liabilites and net worth Reserves $20 million Liabilities: Checking Deposits $200 million Loans $275 million Net Worth $140 Treasuries $45 million How did the purchase of $45 million in government securities from the Fed affect the money supply

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Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.