Answer: $263,000
Explanation:
Based on the information given, the finished goods inventory on September 30 will be calculated as:
= Begining inventory + Transfers in - Transfers out.
= $203000 + $1,770,000 - $1,710,000
= $263,000
Therefore, finished goods inventory on September 30 was $263,000
Open market operations involve buying and selling securities to influence the money supply. The correct answer is C.
Answer:
Assume that the uncovered interest parity condition holds. Also assume that the U.S. interest rate is greater than the U.K. interest rate. Given this information, we know that investors expect the pound to appreciate.
Explanation:
Considering the assumption that the uncovered interest parity condition holds and also that the interest rate in the U.S is greater than the U.K interest rate.
The above assumptions imply that there will be a depreciation in the dollar and an appreciation in the pound.
Therefore, investors would expect the pound to appreciate.
<h3>
Answer:</h3>
C. The government
<h3>
Explanation:</h3>
Vocabulary
First, it is important to define the key terms in the question and answers.
- Planned Economy- A planned economy is an economy where the investments and capital are allocated by the government.
- Commodities - Commodities are economic goods that have real value due to their real-life usefulness (like lumber) or rarity (like gold).
How Planned Economies Work
As its name suggests, a planned economy plans the economy out and the price of goods within the markets. These plans are created by the government. This means that private businesses, consumers, and supply/demand do not control prices. Only the government can do that because the government has full control of planned economies. This is the reason that planned economies are also called command economies because the economy is commanded by the government.
Answer:
the true cash balance as on June 30 is $79,039
Explanation:
The computation of the true cash balance as on June 30 is given below:
Unadjusted Balance as Per Bank Statement on Jun 30 $81,500
Add: Deposit in Transit Jun $3,150
Less: Outstanding Check Jun30 $(5,611)
True Cash Balance As on Jun 30 $79,039
hence, the true cash balance as on June 30 is $79,039