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3 years ago

Refer to the given list of assets.

Business

1 answer:

Cloud [144]3 years ago

8 0

Answer:

a. Items 1,5,9 and 10

Explanation:

M1 refers to Money Supply which includes physical currencies, coins, demand deposits, amounts in checking accounts, liquid cash and other forms of cash that can be withdrawn immediately eg in ATM.

<u>Items under M1 from the question are:</u>

3. Currency (coins and paper money) in circulation

6. Checkable deposits

M2 refers to money supply that comprises of the items in M1 and also include other types of deposits eg Savings deposits, mutual funds by individuals, time deposits. Funds that even though cannot be readily converted to cash but can be withdrawn with more effort.

<u>Items under M2 from the question are:</u>

2. Non-checkable savings deposits

4. Small-denominated (under $100,000) time deposits

7. Money market deposit accounts

8. Money market mutual fund balances held by individuals

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Answer:

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3 years ago

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Answer:

TRUE

Explanation:

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3 years ago

Manning Company issued 10,000 shares of its $5 par value common stock having a fair value of $25 per share and 15,000 shares of

Setler79 [48]

Answer:

$240,909

Explanation:

Given:

Number of common stocks issued = 10,000

Value of common stock = $5

Fair value per share = $25

Number of shares of $15 par value = 15,000

preferred stock having a fair value of $20 per share = $530,000

Total market value of the stocks = 10,000 × $25 + 15,000 × 20 = $550,000

Now,

The proceeds that would be allocated to the common stock will be

= $\frac{\textup{Total fair value of common stocks}}{\textup{Total maket value of the stocks}}\times\textup{Preffered value of total stocks}$

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3 years ago

The issuance of notes payable for borrowing is classified in the statement of cash flows as a(n): Multiple Choice Operating acti

Harman [31]

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Therefore, the Option C is correct.