Answer:
The correct answer is E
Explanation:
M1, M2 and M3 are the terms which measure the money supply of United States, referred to as money aggregates.
The formula for computing the M1 is as:
M1 = coins as well as currency in circulation + checkable or demand deposit + traveler checks
where
Currency in circulation is $20 million
Demand deposit is as:
= Required reserve × Actual reserve
= 10 × $10 million
= $100 million
Putting the values above:
M1 = $20 million + $100 million
M1 = $120 million
Answer:
C) $201,760
Explanation:
To compute the amount of cash proceeds, we have to multiply the bonds face value with the issued price percentage.
Since only issue price is given, so we assume it is in percentage form because the number of shares is not given in the question. So, we assume this.
In mathematically,
Cash proceeds = Face value × 0.97
= $208,000 × 0.97
= $201,760
A private company, the company's stock, or its net is spread amongst few people, usually people close to the CEO/Owner.
A public company, the company's stock is available to purchase to anyone, and can be spread world wide.
The answer for your problem is a