Answer:
M2 = $470 billion.
Explanation:
M2 = Currency + Money market mutual fund + Time deposits + Saving deposits
M2 = 200 billion + 10 billion + 40 billion + 220 billion
M2 = $470 billion.
M2 is a calculation of the money supply that includes all elements of M1 as well as "near money"
There will be inadequate liabilities.
What Does Sales Revenue Mean?
Sales revenue is the money a business makes from selling products or offering services. Sales and revenue can, and frequently are, used interchangeably to refer to the same thing in accounting. It is significant to remember that revenue does not always equate to money received. One part of sales revenue may be paid in cash, and the other part may be paid on credit using methods like accounts receivable.
Either the gross revenue total or the net revenue amount can be used to represent sales revenue on the income statement. All deductions for product returns, the potential for undelivered items, and the cost of bad debt are all included in net revenue.
to know more about sales revenue
brainly.com/question/16232387
#SPJ4
Answer:
Vehicle registration
Explanation:
Vehicle registration reoccurs annually, the other costs are one time.
Answer:
35.92%
Explanation:
The computation of cost of not taking the cash discount is shown below:-
Discount percentage ÷ (100 - Discount percentage) × (360 ÷ (Full Allowed Payment Days - Discount Days))
= 3% ÷ 97% × 360 ÷ (50 - 19)
= 3% ÷ 97% × 360 ÷ 31
= 0.03093 × 11.61290
= 0.359187
= 35.92%
Therefore for computing Mr. Warner's cost of not taking the cash discount we applied the above formula.
That would be an example of traditional economy.
