Answer:
increases the number of dollars in the hands of the public and decreases the number of bonds in the hands of the public.
Explanation:
Open market operations is one of the tools used by regulatory agencies to control supply of cash in the economy. This is done to control economic indices like inflation and deflation.
During open market operations the regulatory body can sell securities to reduce cash in the economy or buy securities to increase cash supply.
In this instance an open market purchase involves buying of securities from the public. The public will have more cash on hand and less of the securities (bonds).
Answer:
a. The company will recognize an unrealized holding loss.
Explanation:
An unrealised loss is defined as a decline in an asset theta is held by a business. The asset can be held until it's value appreciates to cancel out the unrealised loss. If such an asset is sold, it will now be a realised loss.
The unrealized loss of (800,000-750,000= $50,000) will be recorded in the accumulated other comprehensive income account under the equity section of the balance sheet.
Unrealised loss is also called paper loss because the loss is only recorded on paper and is not yet realised.
Answer:
The amount of check is $4,554
Explanation:
Term 1/10, n/30 means there is a discount of 1% is available on payment of due amount within discount period of 10 days after sale and net credit period of 30 days.
According to given data
Sales = $6,000
Returns = $1,400
Amount due = $6000 - $1,400 = $4,600
As the payment is made within discount period, so discount will be availed
Discount = $4,600 x 1% = $46
Amount of Check = $4,600 - $46 = $4,554
