This Halloween, it's anticipated that each person would spend, on average, $100.45.
Halloween, which is observed annually on October 31st, is also known as All Saints Eve or All Hollow's Eve because it was historically observed to signal the end of the harvest season and the start of the chilly, harsh winters. The night before the new year, according to the Celts, the line between the worlds of the living and the dead fuzzed. Samhain, when Halloween was thought that the spirits of the dead made a comeback to earth, was celebrated on the evening of October 31. The term "spend" is the verb's present-basic form. Second, despite referring to the past tense and past participle of the verb "spend," the term "spent" can also be employed as a verb or an adjective. To disburse cash for the sake of a person, thing, or cause is called spend.
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Answer:
(a) What is the amount by which Carla Bank's liabilities have changed?
Carla Bank's liabilities increased by $15,000 (bank deposits are liabilities).
(b) Calculate the change in required reserves for Carla Bank.
Carla Bank's reserves must increase by $15,000 x 5% = $750
(c) What is the dollar value of the maximum amount of new loans Carla Bank can initially make because of Christopher's deposit?
Carla Bank can loan $15,000 x 95% = $14,250
(d) Based on the central bank's open-market purchase of bonds, calculate the maximum amount by which the money supply can change throughout the banking system.
Money multiplier = 1 / 5% = 20
The money supply has the potential to increase by $15,000 x 20 = $300,000
(e) How will the change in the money supply in part (d) affect aggregate demand in the short run? Explain.
Aggregate demand will increase since the total money supply increases. This should also help to decrease the interest rates and foster investment.
Answer:
The correct answer is option D,held-to-maturity securities include corporate notes and bonds.
Explanation:
Held-to-maturity securities are normally debt instruments purchased with aim of keeping them till maturity so as to collect the principal amount invested as well as the related interests,since they are not held for short-term gains,they are not reported at fair values.
Securities held for short-term to be realized in short-term are reported at fair values
Answer:
The correct answer is letter "B": expresses items as a percentage of net sales.
Explanation:
A Common Size Income Statement reflects a percentage of net sales for each account. Common size income statements are basic tools that a business owner may use to compare the performance of his company to rivals or to compare the company to industry averages. Each line in this type of income statement is displayed as a percentage of revenue or sales and the amounts are compared to past performances which allow to observe the different values easily.
