Answer:
a) $25 is the correct answer.
Explanation:
Those are the only three people in the community. Susie is willing to pay $25 and everyone else is willing to pay less than that.
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
If jack does not accept the $100,000 there is a valid contract for the sales business, with out a non competition clause.
Answer:
Explanation:
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Hi there
What we need first is the book value of the equipment
The book value is
originally costing - accumulated depreciation
100,000−65,000=35,000
Since the sale price is 40000 and the book value is 35000 This result a gain of 5000 (40000-35000)
Good luck!
