<span>If the required reserve ratio, m, is 20 percent, then the oversimplified money multiplier is five. The money multiplier is also called as the monetary multiplier and the multiplier effect. It usually depends on the amount of the various deposits. </span>
Answer:
The answer is $2.8
Explanation:
Earnings Per Share(EPS) is the part of company's earnings that goes to each common share owner.
It is calculated as net income minus preferred dividend(if any) / weighted-average common shares outstanding.
Net income equals $728,000
Weighted-average common shares outstanding equals 260,000 shares
Therefore, basic earning per share is
$728,000 /260,000
= $2.8
Answer:
d. printing of wedding invitations.
Explanation:
Process costing can be regarded as accounting methodology which involves the tracing as well as accumulation of direct costs, then carry it the allocation of indirect costs of a manufacturing process. There is usually assigning of Costs to products, which is in a large batch, this might not encompass an entire production of that month.
process cost system would be used for ;✓refining of petroleum.
✓manufacture of cereal.
✓production of automobiles.
To create a balanced budget, one must balance needs against wants.
In order to Create a balanced budget you should:
<span>1. Keep track of your </span>financial gain<span> and expenses.</span>
<span>2. Stay on </span>top<span> of your monthly bills.</span>
<span>3. Be </span>ready<span> for </span>surprising<span> expenses.</span>
4. Not overspend.
<span>5. Figure out </span>what quantity you wish to save lots of to satisfy your monetary goals.
