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egoroff_w [7]
3 years ago
5

In October 2010, the amount of money held by individuals and companies was $987.1 billion; checkable deposits owed by individual

s and companies were $567.3 billion; money market funds were $1.045 trillion; savings deposits were $562.3 billion; time deposits were $324.2 billion. What was the M1 amount in October 2010?
Business
1 answer:
frutty [35]3 years ago
8 0

Answer:

$1,554.4

Explanation:

Given:

The amount of money held by individuals and companies = $987.1 billion

Checkable deposits owed by individuals and companies = $567.3 billion

Money market funds = $1.045 trillion

Savings deposits = $562.3 billion

Time deposits = $324.2 billion

Now,

The M1 amount is calculates as:

= The amount of money held by individuals + Checkable deposits owed by individuals and companies

= $987.1 billion +  $567.3 billion

= $1,554.4

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Answer:

The answer is 750

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3 years ago
In January 2014, the company Quicken Loans made news by announcing that it would pay $1 billion to the person who submitted the
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Answer:

63 games are played.

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So all possible outcomes of bracket filling to be represented, each person should fill out following number of brackets.

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6 0
3 years ago
To accurately determine the financial performance of a company, it is necessary to compare the company's performance ________.
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To accurately determine the financial performance of a company, it is necessary to compare its performance from <u>year to year</u>.

In order to accurately determine the financial performance of a company, financial statements are used in evaluating, which include the balance sheet,  statement of cash flows, and the income statement.

Financial performance indicators are quite necessary as they are quantifiable metrics which are used to measure how well a company is doing. Some companies also hire an outside accounting firm to audit the financial statements.

Hence, it is necessary to compare the financial performance of a company from year to year.

To learn more about financial performance here:

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2 years ago
The stockholders' equity section of the balance sheet for Potawatomi Corporation appeared as follows before its recent stock div
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Answer:

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