Answer:
Reserves fall by $2 million, and the monetary base falls by $2 million.
Explanation:
In the books of First National Bank, the purchase of $2 million of bonds by First National Bank, from the Federal Reserve means there is a reserve with the Federal Reserve represented by security which stands as asset.
In the books of the Federal Reserve, The sales of bonds to First National Bank will create a liability from the reserve assets.
See attached for the T-accounts explain the answer
The appropriate response is the Civil Rights Act of 1968. It is a milestone part of enactment in the United States that accommodated break even with lodging openings paying little mind to race, religion, or national starting point and made it a government wrongdoing to "by constrain or by danger of compel, harm, scare, or meddle with anybody by reason of their race, shading, religion, or country.
Answer:
selective intervention.
Explanation:
The concept of 'selective intervention' was developed by Oliver Williamson. The concept of selective intervention meant the intervention of large firms in small firms by duplicating their activities to produce net gains.
<u>In the given case, Susan is using a selective intervention strategy as her program is assisting at-risk teens to build communicative skills, attaining academic skills, and exploring career possibilities. In this case, the firm of Susan has replicated the activities of small firms by giving at-risk teens the classes to help themselves to gain net profit</u>.
Thus the correct answer is a selective intervention.
Answer:
net income $72,000
Explanation:
The computation of the amount that should be reported is shown below:
Revenue $600,000
less:
operating expense -$420,000
restructing costs -$100,000
interest expense -$20,000
Add: gain on sale of investments $30,000
EBIT $90,000
less income tax at 20% - $18,000
net income $72,000
Answer: $13,580
Explanation:
The ending balance of the Work in Process:
= beginning Work in Process inventory + direct materials + direct labor + factory overhead - transferred out of the department
= $11,300 + $77,300 + $25,300 + $15,180 - $115,500
= $13,580
Therefore, the ending balance of the Work in Process Inventory account for the Fabricating Department is $13,580.
