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Banks decide to hold more excess reserves.
Option - a
<u>Explanation:
</u>
The US currency flow is the entire physical cash that circulates throughout the world and the funds in checks and savings.
a. Excess reserves are reserves beyond the legal deposit holding requirements of banks. The rise in the deposit rate of banks decreases financial multipliers which allow the supply of money to decrease.
b. Cash for Christmas shopping is deducted from people's bank accounts::
The expanded currency holding would boost the deposit rate, increasing the liquidity multiplier and decrease the money supply.
c. The Fed is selling gold to public
Gold selling to the public have the same impact as open market bond purchases — it decreases the economic base and thus the money supply fall.
There are 5 elements of the feasibility study:
1) Description - of items or services offered, delivered, overview
2) Market feasibility - is there a market? is the market worth entering?
3) Technial feasibility - how service will be delivered
4) Financial feasibility - funding needed for product or service to launch, what will they make from the product or service
5) Organizational feasibility - legal aspect of the business
In this case, market feasibility is the most important element because if there isn't a desire or market for the product or service, there is no reason to enter that market. If a market is not being entered, funding, legal aspects and knowing how to advertise/deliver the product is not necessary.
Answer:
total cash collections in June = $101050
so correct option is A. $101,050
Explanation:
given data
month cash sales credit sale
march $19,000 $11,000
April $40,000 $11,000
May $43,000 $35,000
June $59,000 $50,000
to find out
total cash collections in June at Feeney Furniture
solution
we find here total cash collections in June that is express as
total cash collections in June = cash sale in June + ( credit sale in June × 62% ) + ( credit sale in May × 30%) + ( credit sale in April × 5%) .............1
put here value we get
total cash collections in June = $59000 + ( $50000 × 62% ) + ( $35000 × 30%) + ( $11000 × 5%)
total cash collections in June = $101050
so correct option is A. $101,050
