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3 years ago

A currency drain occurs when

Business

1 answer:

gogolik [260]3 years ago

5 0

Answer:

The correct answer is: non-bank public increases its holdings of currency outside the banking system.

Explanation:

A currency drain refers to the situation where there is an increase in currency held outside the banking system. When the public holds more money outside the banking system, it reduces the total reserves of the banks. The excess reserves get reduced as well.

The currency gets drained from the banking system, so banks can create less money. This causes a reduction in the money supply.

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In order to determine if a home is fairly priced or not, it is important to look at the home's:

Charra [1.4K]

In order to determine if a home is fairly priced or not, it is important to look at the home's:

C. price per square foot.

4 0

3 years ago

Read 2 more answers

Which ICS functional area tracks resources, collects and analyzes information, and maintains documentation?

igor_vitrenko [27]

Answer:

The correct answer is a) planning

Explanation:

The functional area that tracks resources, collects and analyzes information, preparing incident action plans, documenting incident action plans and maintains documentation is the planning section.

And is supervised for the section chief of this ICS functional area

8 0

3 years ago

For each of the below, indicate where each item should be presented in the statement of cash flows (using the indirect method) u

Nataly_w [17]

Answer:

Blank 1 Blank 2

i. Depreciation expense A I

ii. Purchase of office equipment B D

iii. Decrease in accounts receivable A I

iv. Payment of cash dividends C D

v. Conversion of bonds into common stock D N

vi. Sold land and warehouse used in the corp. B I

vii. Gain on sale of land and warehouse in part vi. A D

viii. Issued common stock for cash C I

ix. Decrease in accounts payable A D

x. Increase in inventory A D

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf for the complete question.

How each of the item will appear in the the statement of cash flows (using the indirect method) is also provided below:

XYZ Company

Statement of Cash Flows (Indirect Method Format)

For the year...

Details $ $ 

Operating activities:

Net profit xxx

Adjustment to reconcile net income:

i. Depreciation expense xx

iii. Decrease in accounts receivable xx

vii. Gain on sale of land and warehouse in part vi. (xx)

ix. Decrease in accounts payable (xx)

x. Increase in inventory (xx)

Net cash flows from operating activities xxx

Investing activities:

ii. Purchase of office equipment (xx)

vi. Sold land and warehouse used in the corporation xx

Net cash flows from investing activities xxx

Financing activities:

iv. Payment of cash dividends (xx)

viii. Issued common stock for cash xx

Net cash flows from investing activities xxx

Net cash flow for the year xxx

Beginning cash balance xxx

Ending cash balance  xxx 

Note: The does not affect the cash flows statement:

v. Conversion of bonds into common stock

Download pdf

8 0

3 years ago

gas-to-liquid (GTL) process that produces 140,000 bbl/day has aFCI of $12 billion. Estimate the FCI of a similar GTL plant produ

Y_Kistochka [10]

Answer:

$ 10.38 billion

Explanation:

Using six-tenths rule

Estimated cost / the known cost = (size of the estimate / size of the known)^0.6

Estimate = $ 12 billion ( 110000/140000)^ 0.6

Estimate = $ 10.38 billion

3 0

3 years ago

From a marginal analysis perspective, what is the inventory carry cost for Andrews if the company carries one additional unit of

Viktor [21]

Yes it is at the all the way at the end of it

7 0

2 years ago