Answer:
Federal Reserve
Explanation:
The Federal Reserve (FED) distributes new currency through its 12 Federal Reserve Banks. Depository institutions (e.g. savings bank, commercial bank, savings and loan association, or credit union) buy currency from the Federal Reserve Banks when they need extra cash and they deposit cash when they have too much cash.
Answer:
The above entry would decrease stockholders' equity by $10,000 and increase the liabilities by $10,000.
Explanation:
Consultation expense is an expense and when the expense gets debited, it refers to expense being incurred which in turn decreases stockholders' equity. Accounts payable is a liability and crediting accounts payable increases the liability.
A survey is a study in which people in a sample are all asked the same questions. A survey is either done by flyer, email, or phone survey that will ask a sample group of people different questions. The survey allows for respondents to answer questions regarding their experience or thoughts on something. A company can gain a lot of insight because they are able to compare answers to the questions.
Answer:
IRR= 23.375%
Explanation:
Given: Cash flow= $1,200,000
Initial investment= $2400000
Lets first compute IRR for Project, assuming rate of return at 23.375% or 0.233.
Formula:
NPV has to be equal to zero to know if IRR is correct to find if project worth enough to invest.
⇒
⇒
⇒
∴ NPV= 0
Hence, 23.375% is the IRR for the project.
Answer:
c. $600,000 vs. $528,000.
Explanation:
The computation of the relevant cost of make & buy is given below:
Total relevant cost of making the product is
= (cost per unit - unavoidable fixed cost per unit ) × 20,000 units
= ($34 - $4 ) × 20,000 units
= $600,000.
And, Total relevant cost of buying is
= (cost of buy per unit × 20,000 units ) - Contribution sale of water filtration = ( $28 × 20,000 units ) - ($80,000 - 60% of $80,000)
= $528,000
hence, the option c is correct