Answer: $100
Explanation:
If the reserve requirement is 20% then the required reserves being held by the company is:
= Total deposits * reserve requirement
= 8,000 * 20%
= $1,600
The reserves held by the company of $1,700 comprise of both the required reserves and the excess reserves. The excess reserves will therefore be calculated as:
Excess reserves = Reserves - Required reserves
= 1,700 - 1,600
= $100
Part of the reason why someone would want to narrow down their focus is so that they don't waste time accumulating clothes that won't aid them in the long run.
<h3>What is the period of long run?</h3>
The period of long run is basically not defined anywhere, because the period of long run is fully depend upon the organistions and the types of it. It is normally the period above the operating cycle.
Part of the reason for narrowing one's focus is so that they don't waste time accumulating clothes that won't help them in the long run.
Credits are treated as help in the long run because a person get money at present to do work and earn from that work, whereas the friends and the skills help the people in the lifetime.
Therefore, option A is correct.
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The definition of Balance of Payments states:
The difference between money coming into a country (from exports) and money leaving the country (for imports) plus money flows from other factors such as tourism, foreign aid, military expenditures, and foreign investment.
<h3>What is
Balance of Payments ?</h3>
The balance of payments is a tool in international trade that demonstrates the financial transaction made by a particular country with foreign countries. Its most often includes export, import and transfer payments.
Theoretically, it should be zero as a country's assets should equal the liabilities. However, in practice, that is not always the case, as the country's debits and credits can create a discrepancy in the balance of payments, which creates a surplus or deficit.
A favorable balance of payment means that a country exports exceed imports. B.O.P records economic transactions of goods and services as well as other payments such as international aid, capital flow, and international remittances. A Favorable or positive balance of payment means that the aggregate of country foreign inflow exceeds outflows.
Thus, we can say that above definition state Balance of Payments.
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Answer:
Budgeted Production = 52910 units
Explanation:
The budgeted production should be enough to meet the yearly sales requirement plus provide enough inventory at the year end to cover for the required level of desired inventory. The opening inventory at the start of the year should be deducted to calculate the budgeted production.
Budgeted production = Sales + Closing Inventory - Opening Inventory
Budgeted Production = 51500 + 7410 - 6000
Budgeted Production = 52910 units
There are three main financial statements that can be affected by buying a piece of equipment for a company.
They are: (1) balance sheets; (2) income statements; and (3) cash flow statements
Balance sheets show what a company owns and what it owes at a fixed point in time so buying a piece of equipment will show an increase in the company’s assets and decrease in cash Income statements which shows how much money a company made and spent over a period of time will report an increase in the expenses resulting to a lower net income.
Cash flow statements which show a decrease in net cash due to buying of the equipment.
