Answer:
The correct answer is E
Explanation:
M1, M2 and M3 are the terms which measure the money supply of United States, referred to as money aggregates.
The formula for computing the M1 is as:
M1 = coins as well as currency in circulation + checkable or demand deposit + traveler checks
where
Currency in circulation is $20 million
Demand deposit is as:
= Required reserve × Actual reserve
= 10 × $10 million
= $100 million
Putting the values above:
M1 = $20 million + $100 million
M1 = $120 million
The plantwide allocation is a method, which involves the alternatives to the approach for the allocation of factory overheads, and also uses factory overheads based on different activities.
<h3>What is plantwide allocation?</h3>
The plantwide allocation rate is a method that uses an approach to compile all the required overhead costs of a business, and thus also involves application of one rate for one activity in an organization.
Hence, the significance of plantwide allocation is as aforementioned.
Learn more about plantwide allocation here:
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Beginning balance 10000
Add service on account 50000
Less ending balance 12000
Received from customers
10,000+50,000−12,000=48,000
Hope it helps!
Answer:
b. Stock Y has a higher dividend yield than Stock X
Explanation:
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