Answer:
$60,000
Explanation:
The computation of Money supply expand is shown below:-
Excess reserves = Actual - required
=$85,000 - (0.25 × $240,000)
=$85,000 - $60,000
= $15,000
Money supply expand = Excess reserves ÷ Reserve ratio percentage
= $15,000 ÷ 25%
= $60,000
Therefore for computing the money supply expand we simply deduct the reserve ratio percentage from excess reserves.
Answer:
Inventory Units CPU MV per unit Total Cost Total MV LCM
Helmets 30 58 62 1740 1860 1740
Bats 23 112 80 2576 1840 1840
Shoes 44 103 99 4532 4356 4356
Uniforms 48 44 44 2112 2112 <u>2112 </u>
Inventory Valuation <u>10048
</u>
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The most cost effective way for John to buy a house is on installment basis or by using up all his savings
<span>The term “base material” with respect to masonry fasteners</span> refers to concrete, brick or block.
Concrete anchors are used to solve concrete fastening problems.
Answer:
$15,000
Explanation:
In leo company books, the gain recognized would be $75,000 - $60,000 = $15,000 as they are selling the land $15,000 more than it initially cost them
