Answer:
$7,899,827
Explanation:
The computation of the maximum increase in money supply is shown below:
Data given in the question
Additional value in excess reserves = $868,981
Reserve ratio = 11%
By considering the above information, the maximum increase in money supply is
= Additional value in excess reserves × 100 ÷ reserve ratio
= $868,981 × 100 ÷ 11
= $868,981 × 9.09
= $7,899,827
Answer:
Credit, $60,000
Explanation:
Given,
Market rate = 10%
Face value $60,000 = Principal value.
When the bonds mature, the issuer records its payment of principal with credit to cash in the amount of principal value that is $60,000 because the bondholder will pay the principal with interest.
Therefore,
Bondholder will pay the $60,000 issued amount as principal because there is an additional interest amount needs to be paid.
It is credit because it is matured on the date of cash payment.
Answer:
4 years
Explanation:
Payback period is the time in which a project returns back the initial investment in the form of net cash flow.
Initial Investment = $280,000
Net Income = $20,000
To calculate the net cash flows add bask the depreciation expense in Net income each year.
Depreciation = ($280,000 - $30,000) / 5 = $50,000
Net Cash Flow = $20,000 + $50,000 = $70,000
Payback period = Initial Investment / yearly cash flow = $280,000 / $70,000 = 4 years
Answer: 15 million people were employed.
Explanation:
Hi, to answer this question we have to multiply the adult population (25,000,000) by the labor-force participation percentage in decimal form (divided by 100).
Mathematically speaking:
25,000,000 x (60/100) = 25,000,000 x 0.6 = 15,000,000 people
15 million people were employed.
Feel free to ask for more if needed or if you did not understand something.
Answer:
The answer is D) None of these statement is relevant in the decision to further process the cream into butter.
Explanation:
option A) the amount paid to the farmers to purchase the unprocessed milk: this information is not relevant to further develop the cream and low fat milk to butter. It was already considered before this stage of production.
Option B) the cost of breaking down the unprocessed milk into cream and low-fat milk: this cost was already accounted for since the processing into cream and low fat milk is completed.
Option C) the portion of corporate fixed expenses that are currently being allocated to cream: This information is not going to help in the decision making for further processing.
