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3 years ago

If the federal reserve board decreases reserve requirements for banking institutions, _____.

Business

1 answer:

masya89 [10]3 years ago

7 0

The money supply in the economy increases

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Niles Co. has the following data related to an item of inventory: Inventory, March 1 110 units @ $1.10 Purchase, March 7 210 uni

pantera1 [17]

Answer:

The value assigned to ending inventory if Niles uses "weighted average" is $320 ( to 160 units @ $2 )

Explanation: Number of units Price per unit Total

Purchases on March 1 = 110 $1.10 $1,21

Purchases March 7 = 210 $2.10 $441

Purchases March 16 = 110 $2.70 $297

Inventory on March 31 = 160 $2.00 $320

Weighted Average Inventory value = Accumulated Value / Total Number of units

Weighted Average Inventory value = ( 121 + 441 + 297 ) / ( 110 + 210 + 110 )

Weighted Average Inventory value = 1.997674419 = $2.00

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3 years ago

Brainly took all of my answers away yesterday, cuz I got blocked! WHAT DO I DO 2 GET ThEM BACK !!?!?!? WILL GIVE BRAINLIEST.

devlian [24]

Answer: did you try logging in if so try to contact brainly by email

Explanation:

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3 years ago

Will shoprite manager makes informed decision

SVETLANKA909090 [29]

Answer:

Yes

Explanation:

Because of he really wants to sees his company growing up to another level

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1 year ago

If the Fed announces that it will decrease U.S. interest rates, and the European Central Bank takes no action, then the value

Tcecarenko [31]

Answer:

c. appreciate

Explanation:

If the Federal Reserve reduces the interest rate of the US dollar this will lead to lower cost of funds, more people will borrow money and this increases money supplied to the economy.

Excess money will pursue less goods leading to inflation where the purchasing power of the US dollar will reduce.

All things being equal the value of the euro will appreciate against the US dollar if interest rate is decreased.

As the euro strengths against the US dollar, one will need less euros to purchase the weakened dollar.

6 0

2 years ago

On January 1, 2013, the balance in Tabor Co.'s Allowance for Bad Debts account was $13,501. During the first 11 months of the ye

elixir [45]

Answer:Total of accounts written off=$25, 018, part b is in the explanation column

Explanation:

Total of accounts (Bad debt) written off=Opening Balance in bad debt allowance account+

bad debt expense recognized during the period −

Closing balance in bad debt allowance account

=$13,501+$21,413−$9,896

=$25, 018

T---account

Allowance for bad debts

$13,501 Balance from Jan 1st

$21,413 Bad debts expense

Bad debts written off $25, 018

$9,896 Balance on November 30

b)Adjusted journal entry for change in amount of allowance for bad debt account

December 31st 2013 Account Debit Credit

Allowance for bad debts $620

Bad debts expense $620

calculation

The balance in allowance for bad debt account as on November 30 is $9 896 , when it was supposed to be $9,276. Therefore the bad debt expense is overstated by

$9,896- $9, 276 = $620

5 0

3 years ago