Answer:
There is loss of $109,120
Explanation:
Lossrecognized=Marketvalue−Purchasevalue
=$1773200-1364000
Therefore, loss recognized by “M” Corporation is $409,200
Determine the gain or loss of A:
LossbyA=Purchasevalue−Liability−ActualbasisofM
=[($1364000-$1091200)×40%]−$218240
=$109120−$218240
=($109,120) loss
Answer:
c. 25 percent.
Explanation:
The computation of the reserve requirement percentage is shown below:
Given that
Deposits made = $8,000
Loans = $6,000
So the required reserve is
= deposits made - loans
= $8,000 - $6,000
= $2,000
Now the required reserve is
= $2,000 ÷ $8,000
= 25%
Hence, the correct option is c. 25 percent
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer: Option (A) is correct.
Explanation:
Correct Option: Other assets can also be used to make transactions to buy goods and services.
M1 = Currency with public + check-able/Demand deposits + other deposits with RBI
It includes more than just currency with public because there are some other assets as well which are highly liquefied and helps people in buying goods and services.
Check able deposits is one of the component of M1, other than currency with public. People can withdraw these deposits at any point of time which people generally used make transactions for buying goods and services.
Answer:
B. $97000
Explanation:
Given that
Estimated selling price = 102000
Estimated selling cost = 5000
Recall that
The net realizable value which is NRV
= Estimated selling price - estimated selling cost
Thus,
NRV = 102,000 - 5000
= 97000
Therefore, the estimated net realizable value is $97000.
Note, the other parameters listed are not used in estimating NRV.
Answer:
C. 1.40x
Explanation:
1. Production:
November through February: x rakes/month* 4 months = 4x rakes.
2. Shipping and storage costs
March= 4x (initial stock) - x/2 (shipped) = 3.5 x (in stock) * 0.1$ = $0.35
April = 3.5x (stock at end of March) - x/2 (shipped) = 3x*0.1$ = $0.30
May = 3x (stock at the end of April) - x/2 (shipped) = 2.5x*0.1$ = $0.25
June= 2.5x (stock at the end of May) - x/2 (shipped) = 2x (in stock) * $0.1 = 0.2$
July = 2x (stock at end of June) - x/2 (shipped) = 1.5x*0.1$ = $0.15
August = 1.5x (stock at the end of July) - x/2 (shipped) = 1x*0.1$ = $0.1
Sept= 1x (stock at the end of August.) - x/2 (shipped) = 0.5 x (in stock) * $0.1 = $0.05
October = 0.5x (stock at end of sept.) - x/2 (shipped) = 0*$0.1 = $0
Total storage cost= $0.35x+$0.30x+$0.25x+$0.20x+$0.15x+$0.10x+$0.05x+$0x
Total storage cost = $1.40X