Answer:
$510 million
Explanation:
If Stealth bank holds deposits of $600 million but has a current market value of $400 million, It holds reserves of $30 million and government bonds worth $80 million.
Therefore the value of the bank's total liabilities will be the fair value of the bank loans $400 million + reserves of $30 million and government bonds worth $80 million.
Hence, the value of the bank's total liabilities is $510 million
Answer:
Statement of retained earnings.
Explanation:
The prior period adjustment refers to the adjustment in which there is an accounting error in the previous period and i.e to be reported in past year period but now it would be corrected in the financial statement. This adjustment we called prior period adjustment
Moreover, it should be reported in the statement of retained earnings
Hence, the second last option is correct
Answer: To help you calculate how much money you have in your account. The best way to ensure the accuracy and safety of your accounts is to.. Monitor your online accounts regularly.
Explanation:
Answer:
produces
increases
trade-offs
Explanation:
The law of increasing opportunity cost states that when firms decide to make additional units of a certain product by reallocating resources, they do that at a higher opportunity cost than the previous production. The major traceable reason for this is inefficiency in resource reallocation.
This increase in opportunity cost is associated with increasing and increasing trade-off.
Answer: Explicit knowledge.
Explanation: Pierce Bailey takes record of clear and fully detailed information for his company, for the company to have an explicit knowledge of all calls he makes.
An explicit knowledge of an information means that the information is clear with nothing hidden.
