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3 years ago

The M2 definition of the money supply includes

Business

1 answer:

svlad2 [7]3 years ago

7 0

Answer:

The correct answer is option A.

Explanation:

The M1 definition of money includes the currency notes and coins in circulation and demand deposits in bank. This is the most liquid and is termed as narrow definition of money.

The M2 definition includes all the components of M1 and along with that, savings accounts, time deposits and money market funds. This a less liquid supply of money.

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Ace Hauling, Inc., has been transporting industrial tailings for companies around the Minneapolis/St. Paul area for the past dec

natulia [17]

Answer: The correct answer is "b. Ace has done nothing to change its CERCLA liability."

Explanation: CERCLA is the Comprehensive Environmental Response, Compensation and Responsibility Act and was designed to promote cleaning, maintenance and protection of the environment against hazardous waste.

Those responsible for releasing dangerous substances are identified to take care of their cleaning through the superfunds, therefore by creating the new corporation and transferring the assets: Ace has done nothing to change its CERCLA liability.

7 0

3 years ago

Pasadena Candle Inc. projected sales of 37,000 candles for January. The estimated January 1 inventory is 1,900 units, and the de

Vsevolod [243]

Answer:

Explanation:

The preparation of the production budget report in units for Pasadena Candle Inc. is shown below:

Projected sales 37,000

Add: Desired January 31 inventory 4,000

Available units 41,000

Less: Estimated January 1 inventory -$1,900

Units produced $39,100

6 0

3 years ago

2. Sally Medavoy will invest $8,000 a year for 3 years in a fund that will earn 10% annual interest. If the first payment into t

ipn [44]

Answer: $10,746

Explanation:

Using Compound interest formula

A= p(1+r/n) *nt

A= final amount =?

P= initial principal =$8, 000

r = interest rate = 0.1

n= nob of times interest applied(3)

t=nob of times period elapsed (3)

A = 8,000 (1+0.1/3) *9

A = 8000 (3+0.1/3) *9

A= 8000 (3.1/3) *9

A = 8000 (1.0333) *9

A = 8000 × 1.34327

A= $10,746

5 0

3 years ago

In the past, Peter Kelle's tire dealership in Baton Rouge sold an average of 1 comma 000 radials each year. In the past 2 yea

Lina20 [59]

Answer:

Explanation:

For computing the demand for each sale, first we have to compute the average sale for each season which is show below:

Average sale in fall = (240 + 260) ÷ 2 = 250

Average sale in winter = (340 + 300) ÷ 2 = 320

Average sale in spring = (140 + 160) ÷ 2 = 150

Average sale in summer = (320 + 240) ÷ 2 = 280

Demand for next fall = (250 ÷ 1,000) × 1,200 = 300

Demand for next winter = (320 ÷ 1,000) × 1,200 = 384

Demand for next spring = (150 ÷ 1,000) × 1,200 = 180

Demand for next summer = 1,200 - (300+384+180) = 336

6 0

3 years ago

Majid Corporation sells a product for $195 per unit. The product's current sales are 42,300 units and its break-even sales are 3

evablogger [386]

Answer:

$1,389,375

Explanation:

Data provided as per the question:-

Product per unit = $195

Current sales = 42,300 units

Break-even sales = 35,175 units

The computation of margin of safety in dollars is shown below:-

Margin of safety (in units) = Total sales - Break-even sales

= 42,300 - 35,175

=7,125 units

Margin of safety (in dollars) = Margin of safety × Product per unit

=(7,125 × $195)

= $1,389,375

5 0

3 years ago