If the Federal Reserve buys $40,000 in Treasury bonds from a bank at 6% interest, what is the immediate effect on the money supply?
A. It is increased by $40,000.
B. It is decreaseguby
by $40,000
C. It is decreased by $2400.
D. It is increased by $2400.

A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?

Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock

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