Answer:
Option (B) is correct.
Explanation:
Open market operations is a monetary policy instrument that is used by the Federal reserve for controlling the money supply in an economy. If there is a need to decrease the money supply in an economy then fed sells the government securities to the public and on the other hand if there is a need to increase the money supply in an economy then fed purchases the government securities from the public.
So, here the expansionary policy is to purchases the treasury bills from the public.
Answer:
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Answer:
Financial advantage = $10,000
Explanation:
Since the calculators are obsolete, in the current state they only have value of $50,000
If further processed,
Sales = 190,000
Processing cost = 130,000
Total profit after processing = 190,000 - 130,000 = $60,000
The financial advantage of processing further = 60,000 - 50,000
Financial advantage = $10,000, the calculators should be processed further.
Hope that helps.
Answer:
The adjusted trial balance is prepared after adjusting entries have been recorded and posted.
Explanation:
Only the adjusted trial balance is accurate and more up to date than an unadjusted trial balance and must be used to prepare financial statements.
The adjusted arise from the end of reporting period adjustment such as inventory valuation and errors that might have been identified during the reporting period.
Simplify each term.
2
a
x
+
2
a
y
−
3
b
x
+
3
b
y
