A tenant whose apartment has just been converted to cooperative ownership
Answer:
c. reserves increase by $100 million and the money supply increases by more than $100 million
Explanation:
Based on the information given in a situation where a FRACTIONAL-RESERVE BANKING SYSTEM has no availability of EXCESS RESERVES and no CURRENCY HOLDINGS, which means that if the central bank buys BONDS that worth $100 million, the RESERVES will tend to INCREASE by the amount of $100 million while the MONEY SUPPLY on the other hand will INCREASES by more than $100 million.
Answer:working trial balance
Explanation:
A trial balance is a statement prepared to test the mechanical accuracy of ledger transactions
<h2>A company cannot run without marketing department. They bring source to the company through which the company gains money / make money.</h2>
Explanation:
- As stated earlier no company exists without sales team.
- They actually bring business to the organization.
- So to answer the first question, all the company need sales people to promote and run business.
The type of company which I would like to start up myself would be an Training institute. My dream organization need,
- Need sales team to pitch and get people and indirectly bring business
- Admin team to indirectly counsel students / trainees to join in course
- A team of trainers to train candidates
- An "Accounts team" to take care of pay in/out
- Team of leads to various department to pass on the work flow
