Answer:
The correct answer is B
Explanation:
The amount of cash to be collected or received in the month of July is computed as:
Amount of cash received in the July month = (July Sales × 10%) + (June Sales × 90% × 75%) + (May Sales × 90% × 17%) + (April Sales × 90% × 6%)
where
July Sales is $58,000
June Sales is $56,000
May Sales is $50,000
April Sales is $46,000
Putting the values:
= ($58,000 × 10%) + ($56,000 × 90% × 75%) + ($50,000 × 90% × 17%) + ($46,000 × 90% × 6%)
= $5,800 + $37,800 + $7,650 + $2,484
= $53,734
The answer is $100 million.
The reserve ratio is the percentage of a commercial bank's deposits that it must retain in cash as a reserve in case of large client withdrawals, as determined by the central bank.
The reserve ratio is a significant monetary policy instrument used by the Federal Reserve in the United States to boost or decrease the economy's money supply.
Banks require an RRR of 8% for demand deposits, not for funds received through the selling of treasury bills to the FED, hence Wells Fargo will be free to raise its loans by $100 million.
To know more about reserve ratio click here:
brainly.com/question/13758092
#SPJ4
Answer:
Dell's Production After Adjustment will be 2,041 units
Explanation:
According to the given data we have that Dell forecast for sales is 1856 and there considering the 10% reserve first we would need to calculate the number of units after the reserve of 10% as follows:
10% reserve units=0.10×1856=185 units
Therefore, total required units=1,856+185
total required units=2,041 units
Dell's Production After Adjustment will be 2,041 units
Answer:
$7,840
Explanation:
The inventory of Items A and B should be valued at the lower of cost and the net realizable value.
The cost is the invoice price at time of purchase ,while the net realizable value is the selling price less to sell
Products Cost Selling price cost to sell NRV unit value
A $18 $22 $6 $16 $16
B $48 $54 $4 $50 $48
Item A is valued at $16 each i.e $16*160=$2,560
Item B is valued at $48 each i.e $48*110=$5,280
total value of inventory =$7,840
The ending inventory valued at the lower of cost or net realizable value is worth $7,840
Answer:
$15.64
Explanation:
first we must determine the market value of the bond without the warrants:
PV of face value = $1,000 / (1 + 3.5%)⁵⁰ = $179.05
PV of coupon payments = $25 x 23.45562 (PV annuity factor, 3.5%, 50 periods) = $586.39
market value = $765.44
the market value of the 15 warrants = $1,000 - $765.44 = $234.56
market value per warrant = $234.56 / 15 = $15.64
