Answer:
a. 9,000; 10,000
Explanation:
The computation is shown below:
The money multiplier is
= 1 ÷ 0.10
= 10
Now If $1,000 are deposited in banks and the expected reserve ratio is 0.10 ration so the lending amount is $900.
And now if we considered the money multiplier, so it would be increased by
= $900 × $10
= $9,000
And, the increase in money supply is
= $9,000 + $1,000
= $10,000
Hence, the correct option is a.
Answer:
0.2273
Explanation:
The computation of the tax rate expected to be in year 1 is shown below:-
Depreciation = Operating cash flow - Net income - Interest
= $73,000 - $17,000 - $23,580
= $32,420
Earning before interest and tax = Revenue - Cost - Depreciation
= $157,000 - $79,000 - $32,420 -
= $45,580
Earning before tax = Earning before interest and tax - Interest
= $45,580 - $23,580
= $22,000
Tax rate = Earning before tax - Net income
= $22,000 - $17,000
= $5,000
Tax rate = Tax ÷ EBT
= $5,000 ÷ $22,000
= 0.2273
Answer:
Montoya's taxable income = $2050
Explanation:
given data
received corporate bond = $2,350
received savings account = $750
to find out
Montoya's taxable income
solution
first we get here interest income that is
interest income = received corporate bond + received corporate bond
interest income = $2350 + $750
interest income = $3100
and we know that here standard deduction for dependent person tax return is = $1050
so here Montoya's taxable income will be
Montoya's taxable income = $3100 - $1050
Montoya's taxable income = $2050
Answer:
1 cunsumption 2v wealth 3 asset 4 gross income
Explanation:
Answer:
(C) Chronological order
Explanation:
Since the narrative above describes a step-by-step explanation on how to make rice pudding, it is important for it to be written in a chronological order. Chronological order means arranging a list of items according to the order that it happens or should be done. If the recipe of the rice pudding is not written in chronological order, mistakes during the process of making the food would occur, and thus the text would fail to deliver the message that it is intended to.
