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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currencies, coins, demand deposits, amounts in checking accounts, liquid cash and other forms of cash that can be withdrawn immediately eg in ATM.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 Funds that even though cannot be readily converted to cash but can be withdrawn with more effort.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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2 years ago

During 2020, Whispering Winds Corp. reported net sales of $4,502,400 and net income of $1,510,000. Its balance sheet reported av

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Answer:

2.68

Explanation:

Data provided in the question:

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3 years ago

A branding strategy in which a firm uses the same brand for all or most of its products is called __________ branding.

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Answer:

Umbrella branding

Explanation:

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3 years ago

The Magnet Recognition Program for health care organizations is based on fourteen forces of magnetism related to five magnet mod

murzikaleks [220]

Answer: Personnel policies and programs

Explanation:

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The personnel policies and the programs basically provide an innovation environment where the staff in an organization are empowerment and develop their empirical qualities which include the improvement, knowledge and the innovation.

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Therefore, Personnel policies and programs is the correct answer.

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3 years ago

Ben and Sam Jenkins formed a partnership. Ben contributed $8,000 cash and a used truck that originally cost $35,000 and had accu

Airida [17]

Answer:

The combined total capital that would be recorded on the partnership books for the two partners is $79,000

Explanation:

Partnership : In partnership, there are two or more members who are called partners which are ready to share the profit or loss percentage according to their agreed ratio

The combined total capital for both partners is shown below:

= Contributed cash + truck fair value + garage fair value

= $8000 + $ 16,000 + $55,000

= $79,000

The other cost like purchase price, depreciation, construction cost is irrelevant for computation. Thus, these cost will not be considered.

Hence, the combined total capital that would be recorded on the partnership books for the two partners is $79,000

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3 years ago