in the simple deposit expansion model, if the fed extends a $100 discount loan to a bank that previously had no excess reserves, the bank ca now increase its oans by

On june 1 of the current year, chad wilson established a business to manage rental property. he completed the following transactions during june: opened a business bank account with a deposit of $28,000 from personal funds. purchased office supplies on account, $2,690. received cash from fees earned for managing rental property, $7,390. paid rent on office and equipment for the month, $3,310. paid creditors on account, $1,230. billed customers for fees earned for managing rental property, $6,130. paid automobile expenses (including rental charges) for the month, $740, and miscellaneous expenses, $370. paid office salaries, $2,330. determined that the cost of supplies on hand was $1,590; therefore, the cost of supplies used was $1,100. withdrew cash for personal use, $2,210. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300) answer

You read the newspaper daily. lately, you have noticed more articles about increased tuition at various public and private colleges and universities. you draw the conclusion that all colleges and universities have increased tuition. which type of reasoning is this

Acompany recently announced that it would be going public. the usual suspects, morgan stanley, jpmorgan chase, and goldman sachs will be the lead underwriters. the value of the company has been estimated to range from a low of $5billion to a high of $100billion, with $45billion being the most likely value. if there is a 20% chance that the price will be at the low end, a 10% chance that the price will be at the high end, and a 70% chance that the price will be in the middle, what value should the owner expect the company to price at?