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Nina [5.8K]
3 years ago
10

Money Market Mutual Find Balances held by Businesses $100 Money Market Mutual Fund Balances held by Individuals 220 Currency in

Banks 10 Currency in circulation 60 Savings deposits, including money market deposit accounts 50 Large denominated ($100,000 or more)time deposits 180 Small denominated ($100,000 or less)time deposits 80 Checkable deposts 70 Refer to the above information. The value of the "near-monies" that are part of M2 is:
Business
2 answers:
blagie [28]3 years ago
8 0

Answer:

$450

Explanation:

M2 money supply = M1 + savings deposits + small time deposits (less than $100,000) + retail money market funds

M1 = $60 (currency in circulation) + $70 (checkable deposits) = $130

M2 = $130 (M1) + $100 (money market funds held by businesses) + $220 (money market funds held by individuals) + $50 (money market deposits) + $80 (small time deposits) = $580

if you subtract M1 from M2, you get the value of near-monies = $580 - $130 = $450

oksian1 [2.3K]3 years ago
4 0

Answer:

A

Explanation:

M2= 60+70+50+220+80= $480

hence option A is correct

MZM = $480-80+100= $500

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A firm has inventory of $46,500, accounts payable of $17,400, cash of $1,250, net fixed assets of $318,650, long-term debt of $1
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Answer:

The common-size percentage of the equity is c. 66.87 percent

Explanation:

Total asset of the firm = Inventory + Cash + Net fixed assets + Accounts receivable = $46,500 + $1,250 + $318,650 + $16,600 = $383,000

Liabilities = Accounts payable + Long-term debt = $17,400 + $109,500 = $126,900

Basing on Accounting Equation Formula :

Total Assets = Liabilities + Owner’s Equity

Owner’s Equity = Total Assets - Liabilities = $383,000 - $126,900 = $256,100

The common-size percentage of the equity = ($256,100/$383,000) x 100% = 66.87%

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The Shoe Box is considering adding a new line of winter footwear to its product lineup. When analyzing the viability of this add
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D)the research and development costs to produce the current winter footwear samples.

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​evan, a manager, strongly believes in the concept of power sharing. therefore, evan is most likely to _____.
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3 years ago
Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $8,600 (that had cost $6,355) and accepted the c
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Answer:

Apr.8

Dr Account Receivable - Suntrust Bank    $8,256

Dr Credit card expenses                            $344

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(to record sales, payment through credit card issued by Suntrust Bank)

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Dr Account Receivable - Continental Card    $7,995

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