Answer:
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Answer:
1. change in money supply= 500*10=$5000
2. change in money supply = 800*5 = $4000
3. change in money supply = 3000* 2= $6000
4. change in money supply = 500* 10 = $5000
5. change in money supply = 5,000,000*50 =$250,000,000
Explanation:
Change in money supply= change in reserves* money multiplier
money multiplier = 1/ reserve ratio
Answer:
49 days
Explanation:
Account receivable turnover ratio = Net credit sales / Accounts receivable
Account receivable turnover ratio = $602,000 / $79,922
Account receivable turnover ratio = 7.53
Average collection period = 365/7.53
Average collection period = 48.47277556440903
Average collection period = 49
Thus, firm’s sales uncollected for year is 49 days.
Answer:
A net inflow of $49,000.
Explanation:
The Cash flow from Financing Activities section shows the cash resulting from sourcing finance and repayments thereoff.
Cash flow from Financing Activities
Cash paid for dividends ($6,000)
Cash proceeds from bank loan $29,000
Cash purchase of treasury stock ($11,000)
Cash received from issuance of common stock $37,000
Net Cash from Financing Activities $49,000
therefore,
The result from Financing Activities shows a net inflow of $49,000.
