Answer:
the requirements are missing, so I looked for them:
- a. Money supply.
- b. Deposits.
- c. Total reserves.
- d. Excess reserves.
a. $0
the coins are part of M1 money supply already, so it will not change it.
b. $3,000.
the DMV should deposit the pennies in their account account, therefore, total bank deposits will increase by 300,000¢
/100 = $3,000
c. $3,000
since bank deposits increase by $3,000, total reserves also increase by $3,000
d. $2,790
excess reserves = total reserves - required reserve ratio = $3,000 - ($3,000 x 7%) = $2,790
Answer:
A
- M1 change = $500
- M2 change = $0
B
- M1 change = -$340
- M2 change = -$180
Explanation:
A. M1 includes actual liquid cash in hand as well as cash in checking deposits.
M2 includes M1 as well as savings deposits and time deposits amongst others.
M1 change = +$500
$500 went from the Savings account which was not part of M1 to M1.
M2 change = $0
The money went from Savings to Checking which are both part of M2.
B.
M1 change = -$-180 - ( 500 - 180 -160 ) = -$340
Tax of $180 went out of the supply as tax. Jane deposits the remaining cash after paying $160 for goods into the savings account which is not part of M1. That remaining cash is = 500 - 180 - 160 = $160.
M2 change = -500 + 160 + 160 = -$180
For M2, only taxes will reduce money from it because the rest goes to checking deposits and savings accounts both of which are part of M2
Answer:
absorption
Explanation:
Manufacturing cost can be regarded as the summation of the cost of consumed resources during the production of a product. It can be divided into
direct materials cost
✓ direct labor cost
✓ manufacturing overhead.
It should be noted that All manufacturing costs are assigned to units of product and all non-manufacturing costs are treated as period cost under absorption costing.
Answer:
Notes Payable - Balance sheet
Advertising expense - Income statement
Common stock - balance sheet
Cash - balance sheet
Service revenue - income statement
Dividends - Statement of Retained Earnings
Explanation:
A. Notes payable will appear on Balance sheet(Under Liability)
B. Advertising expense will appear on Income statement(Under expense)
C. Common stock will appear on Balance sheet(Under Equity)
D. Cash will appear on Balance sheet(Under Asset)
E. Service Revenue will appear on Income statement(Under revenue or sales or income)
F. Dividends will appear on Statement of Retained Earnings which is the same thing as Statement of Owner's Equity
Answer:
The answer is SDA Corp stocks alpha is -1.75%
Explanation:
CAPM E(
) = 10 + 1.25(17 - 10) =
= 10 + 1.25(7)=
= 10 + 8.75
= 18.75%
= 17 - 18.75
= -1.75%