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Sergio039 [100]
3 years ago
10

The two main official measures of money in the united states today are​ ______. The two main official measures of money in the u

nited states​ ______ really money.
Business
1 answer:
kirill115 [55]3 years ago
5 0

M1 and M2 are the 2 main official measure of money.

M1 measures more liquid assets that are easily accessible to the owner including cash and checking accounts. M2 measures all of M1 plus "near money" which is money tied up in investments like savings, mutual funds, and other investments.

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During its first and second years of operations, Rogers Company, a corporation using a periodic inventory system, made undiscove
elena-s [515]

Answer:

Net Income understated by $20,000

Explanation:

In the first year, closing inventory was overstated by $80,000. The implications of the above would be,

Net Income for the first year would be overstated by $80,000

In the Second year,

Opening Stock would be overstated by $80,000

Due to this, cost of production stands overstated by $80,000.

Now, given in the question that closing stock for second year is overstated by $60,000 i.e profits are overstated by $60,000.

This means, the net effect on profits would be, $80,000 less $60,000 i.e $20,000 understated profits for the second year.  

4 0
3 years ago
Chris Taylor: Attempt 1
arsen [322]

Be reasonable

Explanation:

Be reasonable where u use logic and strong motives which consequently improves your way of thinking

I hope that I answered u

6 0
3 years ago
How do short term goals differ from being long term goals
Alekssandra [29.7K]

Answer:

Explanation:

Short term goals are goals that are set for a short period of time. For instance, a goal to get your homework done. Long term goals are goals that are set for a long period of time. For instance, staying healthy and happy. Hope this helped ya! :)

7 0
3 years ago
Qriosity inc. comes out with a new antivirus program and prices it at half price to attract buyers. the company is using _______
Talja [164]
<span>The company is using market-penetration pricing.</span>
6 0
3 years ago
Carmel Corporation is considering the purchase of a machine costing $41,000 with a 8-year useful life and no salvage value. Carm
Andru [333]

Answer:

E. $20,500

Explanation:

The average investment is defined as the average between the initial investment and the salvage value of the equipment.

In this situation, Carmel Corporation had an initial investment of $41,000 for the machine and its salvage value is zero. Therefore, Carmel's average investment is:

AI = \frac{\$41,000+0}{2} \\AI = \$20,500

The answer is alternative E. $20,500

3 0
3 years ago
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