Answer:
The M2 for October 2010 is $4.4145 trillion
Explanation:
In this question, we are asked to calculate the value of M2 for the month of October 2010. We use a mathematical approach for this;
Mathematically:
M2 = M1 + Savings deposits + Money market funds + Certificates of deposit + other time deposit
We identify the parameters in the question as follows:
Savings deposit = $989.4 billion
Money Market funds = $1.9423 trillion
Certificates of deposit = $345.6 billion
Other time deposit = $243.8 billion
M1 = $893.4 billion
We thus calculate M2 as = $989.4 billion + $1.9423 trillion + $345.6 billion + $243.8 billion + $893.4 billion = $4.4145 trillion
I think the correct answer would be false. The automobile will remain the primary source of transportation. As we can see today, almost all of the people use automobile to go to different places. As we see in the road, different vehicles are present. Also, the automobile industry, recently, is a booming industry. We have different models, colors, brands and specifications of the vehicles. I think the use of automobiles as the primary source of transportation would still go for many years as it is the most convenient and comfortable transportation as compared to others like bicycle, train and motorcycle.
Cancer screening , birth-control, minor care, and checkups whill be the type of services that you could expect. Neighborhood wellness center provide some ways to improve all dimensions of your wellness, but it happen on smaller scale and the budget usually is not particularly high compared to the one provided by larger hospitals
<span>Leader style, follower characteristics, work setting </span>Leader style, follower characteristics, and work setting.
In path goal theory, an organization will set its leadership style according to what best fit the employees and the work environment where they operate in order to increase employees' motivation
Answer:
The impairment amount will be "$504,000". A further explanation is below.
Explanation:
The given values are:
Goodwill,
= $864,000
Subsidiary fair value,
= $8,100,000
Subsidiary's individually identifiable net assets,
= $7,740,000
Now,
(1)
The impairment amount will be:
= 
On substituting the values, we get
= 
= 
= 
($)
(2)
The journal entry is:
<u>Description Debit Credit</u>
Equity income $504,000
Equity investment $504,000
