Answer: $610 million
Explanation:
M1 includes currency in circulation, checkable bank deposits and traveler's checks.
M1 = $100 million + $500 million + $10 million = $610 million
Savings deposits is part of M2
Answer:
$240
Explanation:
Darren runs Barber shop
His fixed costs daily is $40
The toal output per day is 10 haircuts
He is open 6 days in the week
Therefore weekly total fixed costs can be calculated as follows
= 40×6
= 240
Hence the weekly fixed cost is $240
The limited partnership should be adopted by the individuals.
The following information related to the limited partnership is as follows:
- It existed at the time when two or more partners are gone for the business altogether but the limited partner should be liable to the maximum amount they invested.
- It involved the limited partners & the general partner that have the non-limited liability.
Therefore we can conclude that the limited partnership should be adopted by the individuals.
Learn more about the individual here: brainly.com/question/19537863
Explanation:
The solution can be made in tabular form as given below for better comprehension. This easily calculates gross profit for each of the four costing methods.
Particulars FIFO LIFO Avg cost Spec. ID
Sales 50900 50900 50900 50900
Cost of goods sold 31800 32920 32248 32540
Gross Profit 19100 17980 18652 18360
