Answer:
c. Revenue is increased.
Explanation:
Cash Received in advance from customer for future services will be a liability it will increase the assets as increase in cash, increase the liability as unearned revenue and increase in cash flow from operating activities as cash received from as customer. So c. Revenue is increased. does not correctly reflect the transaction.
C. Comparability.<span> A
consistent application of an inventory costing method enhances comparability.
Consistency enhances comparability because it enables investors and other end
users of the financial statements to compare and understand the financial
reports over the periods. The company should disclose the nature, reasons and
effects of the change in the Notes to the Financial Statements if there is a change
of accounting method for inventory costing to improve financial reporting.</span>
Answer:
To fall to 4/ to buy $100.00, $50.00
Explanation:
Explanation:
Some Unpredictable economic problems causes banks to hold some excess reserves, thereby increasing the percentage of minimum deposits held as reserves from 10% to 25% and the reserve ratio will increase from 1/10 to 1/4. The multiplier drops from 10 to 4 , the fraction of the new reserve ratio will be (1/4).
An additional reserves holding by the bank, the Federal government have no option than to buy more bonds in order to increase the money supply by a given amount. An open - market buys bonds worth $50(instead of $20) is now needed to increase the money supply by $200. When the Federal government buys $50 in government bonds, checkable deposits and bank reserve will rise to $50.
