Answer:
D) A multiple contraction of the money supply greater than the amount of the securities sold.
Explanation:
When the fed sells securities in the open market, it obtains dollars, and keeps those dollars from circulating, in other words, in reduces the money supply.
The contraction in the money supply is greater than the amount of securities sold because of the money multiplier.
When the fed sells securities, it reduces the monetary base, which is equal to:
B = C + D
Where:
B = Monetary base
C = Cash in hands of the public
D = Demand deposits
And the money supply is equal to:
M = m x B
Where:
M = money supply
m = money multiplier
B = Monetary base
Because of the money multiplier, any contraction or expansion in the monetary base has a multiplying effect in the money supply.
Answer:
9,800 units were produced in March
Explanation:
Ending inventory is calculated by adding Beginning inventory in production for the year and deducting any items sold during the year.
The formula for Ending Inventory is as follow
Ending Finished Goods Inventory = Beginning Finished Goods Inventory + Production in the period - Sales Made During the period
As we have the ending Inventory we need to calculate the production during March. Placing the available amounts in the formula
1,400 units = 2,100 units + Production in the period - 10,500 units
1,400 units -2,100 units + 10,500 units = Production in the period
Production in the period = 9,800 units
Answer:
Steelers Inc.
a) Journal entries:
Sept. 12
Debit Available for Sale Investment $133,200
Credit Cash Account $133,200
To record investments in the common stock of Bengals Inc., 11,110 shares at $12 per share.
Dec. 31:
Debit Unrealized Loss on Available for Sale Investment $22,200
Credit Available for Sale Investment $22,200
To record the fair value of the investment.
b) The unrealized gains and losses are included in other comprehensive income within the equity section of the balance sheet.
The loss will, therefore, be deducted from other comprehensive income.
Explanation:
Investments held for sale are accounted for at fair value. This implies that at the end of any accounting period, the fair value of the investments will be determined. This is usually the market value. Then, adjustments are made in the asset account according to the fair value. There will be recognized either unrealized gain or loss, which are taken to other comprehensive income in the balance sheet under the equity section.
Answer:
Net worth is the value of all assets, minus the total of all liabilities. Put another way, net worth is what is owned minus what is owed. it can help you identify areas where you spend too much money
Answer:
Explained below:
Explanation:
The basic similarity between TQM and Six Sigma quality-management techniques is that each one is a quality control approach and the basic difference between Six Sigma and TQM is the method that each one addresses quality check.TQM determines quality up to that level to which a product attends standards designed inside the company while Six Sigma trades the representation of quality to a relational one, maintaining that quality is based on the fewer number of lacks, which is necessary to be eliminated as much as attainable.
