When the owners of the bank borrow $100 to supplement their existing reserves, it'll increase the reserves account and debt account.
<h3>What is a reserve account?</h3>
It should be noted that a reserve account simply means the accumulation of funds that are used for future purpose.
In this case, when the owners of the bank borrow $100 to supplement their existing reserves, it'll increase the reserves account and debt account.
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Answer:
B) target market
Explanation:
Target market -
It is the group of customers , who are specifically targeted by the company to sell the goods and services , is known as target market .
The company usually directs its attention towards these people , while producing the goods and services .
The target market depends on the income , lifestyle and location of the consumer .
Hence , from the question , the correct term for the given information is target market .
A product market focuses on finished goods purchased by consumers, businesses, the public sector and foreign buyers.
Answer:
absorption costing net operating income = $106400
Explanation:
Manufacturing overhead in inventory = Fixed manufacturing overhead in ending inventory - Fixed manufacturing overhead in beginning inventory
Since the fixed overhead cost was $4 for both unit in beginning and in ending inventory
$4 per unit × (−2,300) = −$9200
Variable costing net operating income = $115600
subtract fixed manufacturing overhead costs released from inventory
(9200 ) from Variable costing net operating income
Absorption costing net operating income = Variable costing net operating income - fixed manufacturing overhead costs released from inventory
Absorption costing net operating income = 115600 - 9200 = $106400
Answer:
2 years
Explanation:
Payback period is the amount of time it takes to recover the amount invested in a project from its cumulative cash flows
In the first year, -$85,000 + $30,000 = -$55,000 is recovered
In the second year, -$55,000 + $55,000 = 0
The total amount invested is recovered in the second year