Answer and Explanation:
a. The completion of the following table to reflect any changes in First Main Street Bank's T-account is shown below:-
<u>First Main Street Bank's Balance Sheet
</u>
<u>Assets Amount Liabilities Amount</u>
Reserves $750,000 Checkable Deposits $750,000
b. The completion of the following table to show the effect of a new deposit on excess and required reserves is shown below:-
<u>Amount deposited</u> Change in excess Change in required
<u>reserves</u> <u>reserves</u>
$750,000 $600,000 $150,000
($750,000 - $150,000) ($750,000 × 20%)
Get a job, get money & bam you got money
Answer:
25 days of forecast sales can be met with the current inventory
Explanation:
given data
CI inventory = $12,000
sale January = $11,000
sale February = $9000
sale in January = 23 days
sale in February = 21 days
solution
we get here first Inventory left at end of January that is
Inventory left at end of January = $12,000 - $11,000
Inventory left at end of January = $1000
and In February sale for 1 day will be
February sale for 1 day =
February sale for 1 day = $428.57
now we consider x demand meet in no of days in February
so $1000 = $428.57 x
and x =
x = 2.3 days
so Total number of day for caste sale met current inventory will be
no of days = 23 + 2.3
no of days = 25.3 = 25 days
so 25 days of forecast sales can be met with the current inventory
Answer: See explanation
Explanation:
You didn't tell us the previous problem you are talking about but let me help out.
The project’s Year 0 net cash flow will be calculated as:
= - Initial cost in fixed assets - Net working capital
Since we already know that our net working capital is $150,000, let's assume that the initial cost in fixed assets given in your previous problem is $2,000,000.
Therefore, the project’s Year 0 net cash flow will be:
= -2,000,000 - 150,000
= -2,150,000
The sale for more than the original cost basis before depreciation of machinery is used in trade or business is Section 1245 and Section 1231.
A business is described as an organization or enterprising entity engaged in commercial, commercial, or professional activities. groups can be for-earnings entities or non-profit companies. Enterprise sorts range from confined liability groups to sole proprietorships, organizations, and partnerships.
A business case describes the purpose, or reason, that an enterprise became to start with the base. It describes what makes an enterprise-specific, in addition to what the commercial enterprise plans to do. A business case isn't a venture or price statement and is plenty shorter than both.
The definition of business is an occupation or change and the purchase and sale of services or products to make a profit. An instance of commercial enterprise is farming. An instance of business is a house sale.
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