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.
In a month the month of February, their first renewal cycle begins again
This is further explained below.
<h3>What is the renewal cycle?</h3>
In most cases, the execution of any given strategy will inevitably waste some of the available time.
Both the free and premium plans will become invalid one month and one year, respectively, following the most recent renewal of either one of them.
These stretches of time are referred to as "renewal cycles" quite frequently in common parlance.
An example of a renewal cycle we witness in our day to day life, one that is a perfect example of the image we are trying to portray is the monthly subscription of the Dstv cable or Tv show provider subscription. which allows us to have uninterrupted access to our favourite s
To summarize, the first cycle of their rejuvenation begins once more in the month of February.
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It is a true statement that extreme care need to be exercise while making decision involving capital investment.
<h3>What are
capital investment?</h3>
These are investment that entails a long-term commitment of funds for business operations.
These is an investment that allows a company to further its long-term business goals and objectives.
In conclusion, an extreme care is needed while deciding on capital investment because a wrong decision will affect the firm operation in the long run.
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