Answer:
D. $4,000
Explanation:
For Anderson Antiques the following have been given
Opening balance= $4,000
Cash receipts (inflow)= $365,000
Cash disbursed (outflow)= $370,000
Desired reserve= $3,000
So cash at end of day= Opening balance + cash inflow - cash outflow
= 4,000+ 365,000- 370,000
= - 1,000
Remember we want a cash reserve of $3,000 so we take it out of closing balance
Final figure= -1,000-3000= -$4,000
So shortfall of $4,000
Answer:
because of the english had araling panlipunan filipino edukasyon sa pagkatao music because
The correct answer is market price.
Market price is the price that you normally pay when you want to buy something. This price is usually higher than what the store that is selling it got it from the manufacturer, because it is buying the product in bulks. You as a consumer will have to pay this price when all discounts, allowances, and rebates are subtracted.
Answer: $12 billion
Explanation:
Given that,
Required reserve ratio (rr) = 25 percent
Fed purchases government securities = $3 billion
Money multiplier =
=
= 4
Lending ability of the commercial banking system will increase by:
= Money multiplier × Increase in Fed purchases
= 4 × $3 billion
= $12 billion