Answer:
a.$900
Explanation:
The required reserve is the amount of reserve required by the Central bank for banks to keep as reserves.
If the reserve ratio is 10% and $1000 is deposited, the required reserve is $100.
$1000 - $100 = $900 would be available to banks to give out as loans. Thus , money supply increases by $900.
I hope my answer helps you.
Based on accounting principles, Simar Sales Co. sells and installs kitchen appliances. Simar guarantees parts and labor for one year after installation. Simar would record potential claims in a(n) <u>Warranty Liability account</u>.
This is because a <u>Warranty Liability</u> <u>account</u> is a type of account that is established to record the number of the repair or replacement costs that a company expects to incur for commodities already shipped or services already conducted.
Warranty Liability account or Estimated Warranty Liability account are used mostly by firms that offer products that have warranty periods.
Hence, in this case, it is concluded that the correct answer is a Warranty Liability account.
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Answer:
C) Disclaim an opinion on the assessment of controls.
Explanation:
According to PCAOB AS 2201, the registered auditor must disclaim an opinion on the effectiveness of internal controls used by the corporation. The auditor must also determine whether management's reports are complete and properly presented. In a final report, the auditor must give the reasons for his/her determinations.
Answer:
1375
Explanation:
Its really simple if you think about it your just multiplying
25x55 and if you meant add 25 to 10 then do
35x55
Tesla was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.
<h3>What was the finance for?</h3>
As part of shareholder's capital, the fund was used by the firm to finance the vehicle innovations.
Hence, the firm called "Tesla" was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.
Therefore, the Option B is correct.
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