Answer:
the equilibrium price but not above or below the equilibrium price.
Explanation:
At equilibrium price, quantity demanded equals quantity supplied. At this point, buyers are able to buy all they want to buy and sellers are able to sell all they want
Above equilibrium price, there would be a surplus. the quantity supplied would exceed the quantity demanded. Sellers would not be able to sell all they want in this case
Below the equilibrium price, there would be a shortage. the quantity demanded would exceed the quantity supplied. buyers would not be able to buy all they want
Answer:
Reduction
Explanation:
Transactions involving treasury stock will affect the stockholders' equity section of the balance sheet by offsetting the value of common stock tothe the tune of the amount of the repurchase
By extension, as a result of the offsetting of common stock by treasury stocks; such transactions generally reduces stockholders' equity by the amount of the repurchase.
Hence, going forward, Grid Corp will show a lower number of outstanding shares and a lower figure as Shareholders' equity.
miscellaneous income and added to the potential gross income.
Answer: $100,000; $30,000
Explanation:
The reserve rate is the amount of money that is made compulsory by the central bank of a country to the commercial banks to keep with them. It is a way of controlling the money in circulation.
A bank has $10,000 in excess reserves and the required reserve ratio is 20 percent. This means the bank could have $100,000 in checkable deposit liabilities and $30,000 in total reserves.
Since deposit is $100,000 and reserved rate is 20%, this will give an amount of: 20% × $100,000 = $20,000. Adding the $10,000 excess reserve will make $30,000 to which is the total reserve
