Some of Federal Reserve powerful tools is its influence over <u>expectation</u> and not its influence over <u>supply</u>.
<h3>What is the
Federal Reserve?</h3>
It is the United states central banking system that is responsible for the nation's monetary policy and regulating the supply of money and interest rates.
Hence, the Federal Reserve powerful tools in the banking system is its influence over expectation and not its influence over supply.
Therefore, the Option D is correct.
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Answer:
Cost Of Goods Sold= $1,930,000
Explanation:
Giving the following information:
Beginning Finished goods inventory 190000
Ending Finished goods inventory 150000
Cost of goods manufactured for 2020 amounted to $1890000
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 190,000 + 1,890,000 - 150,000= $1,930,000
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Answer:
$35,861
Explanation:
Calculation for the Cash and Cash Equivalents on December 31 using this formula
Cash and Cash Equivalents = Money Market Fund Balance + Cash in Bank account + Cash in Petty Cash Fund + U.S. Treasury Bill
Let plug in the formula
Cash and Cash Equivalents = $2,810 + $22,631 + $220 + 10,200
Cash and Cash Equivalents = $35,861
Therefore the Cash and Cash Equivalents on December 31 will be $35,861
Answer and explanation:
The characteristic of money as a medium of exchange implies the parties involved in a transaction have currencies that <em>facilitates the economical trade</em>. Besides having uncomfortable cardboard presentations, Mogran's currency does not have a coin system which will make trade impossible for articles of low cost. Thus, the Moola is not achieving the medium of exchange feature of money.
