1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
When preparing the report to analyze a proposed quality improvement​ program, which of the following costs are included in the t
Anettt [7]

Answer:

D. Inspection of raw materials

Explanation:

Quality improvement program is undertaken by entity in order to improve their processes and procedures for producing goods or providing services.

As every other business undertaking, entities incur cost when undertaking quality improvement program. Such cost includes data collection cost, survey cost and inspection cost.

In this case, inspection of raw materials will be included in the total costs of undertaking the quality improvement program.

Warranty costs, sales returns and cost of rework are all related to cost incurring in the ordinary business of an entity.

3 0
3 years ago
-.a) State the main function of a business.
EastWind [94]

Answer:

The main function of a business is to add value to the customers they have chosen to serve.

A business simply satisfies a need or want of people and tries to make something convenient and easy for them.

The more a business understand the requirements, needs and wants of their customers, the more they add value and the more they will remain a successfully company.

Explanation:

3 0
3 years ago
Violet Sales Corp, reports the year-end information from 2020 as follows: Sales (35,000 units) $280,000 Cost of goods sold (105,
stiv31 [10]

Answer:

COGS= $89,250

Explanation:

Giving the following information:

First, we need to calculate the unitary cost of goods sold:

Unitary COGS= 105,000 / 35,000= $3

<u>Now, the new number of units sold:</u>

Units sold= 35,000*0.85= 29,750

<u>Finally, the COGS for 2020:</u>

COGS= 29,750*3

COGS= $89,250

3 0
3 years ago
You purchased a share of stock for $50. Two years later you received $2 as dividend and sold the share for $59. What was your ho
grigory [225]

Answer:

The answer is =22%

Explanation:

Holding period return is the total return from asset or investment portfolio over a period of time. Holding period return is expressed as a percentage.

Its formula is:

[(value at the end of the period- original value) + income or dividend]/ original valuex 100

[2 + (59 - 50)] / 50x 100

(2 + 9 ) / 50x 100

11/50 x 100

=22%

4 0
3 years ago
What is an arrangement in which the supplier maintains title to the inventory until it is​ used?.
Advocard [28]

<u></u>

<u>Consignment inventory</u> is an arrangement in which the supplier maintains title to the inventory until it is used.

<h3>What is Consignment Inventory?</h3>

Consignment inventory is a supply chain model in which a product is sold by a retailer, but ownership is retained by the supplier until the product has been sold. Because the retailer does not actually buy the inventory until it has been sold, unsold products can be returned.

In other Term, Consignment inventory is a supply chain strategy or business agreement in which the consignor (i.e., wholesaler, supplier, manufacturer) gives the goods to a consignee (i.e., the retailer) to sell.

The consignor still owns the products and the consignee will only pay for them once they’ve been sold.

For instance, a retailer may strike up a consignment agreement with a fashion designer and agree to sell the designer’s clothes in-store. The retailer will only pay for the goods that are sold, and the rest will be returned to the designer.

Therefore, we can conclude that the correct option is B.

Your question is incomplete, but most probably your full question was:

What is an arrangement in which the supplier maintains title to the inventory until it is​ used?

A. postponement

B. consignment inventory

C. delayed transfer

D. supplier control

B. consignment inventory

Learn more about Consignment Inventory on:

brainly.com/question/13376533

#SPJ4

3 0
1 year ago
Other questions:
  • Which position has the duty to examine the cost implications of a proposed bill?
    12·1 answer
  • Karen doesn’t like driving to the local bank branch, but doesn’t think that it is secure to do financial transactions on her pho
    10·1 answer
  • Is phoenix forgotten based on a true story and how does it end?
    5·1 answer
  • A customer is purchasing mulch and topsoil for their yard but tells you they don't
    10·1 answer
  • ABC Company has the following trial balances on 12/31/20x1 and 12/31/20x0: December 31 20x120x0 Cash35,00032,000 Accounts Receiv
    7·1 answer
  • Prepare for feature benefit selling
    8·2 answers
  • The balanced scorecard is a unique system of performance measures in that it: (Check all that apply.) Multiple select question.
    15·1 answer
  • Dave Ramsey's investing principles.
    13·1 answer
  • Need help please????!!!!!!
    13·1 answer
  • Dermody Snow Removal's cost formula for its vehicle operating cost is $3,030 per month plus $333 per snow-day. For the month of
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!