Answer:
Budgeted purchases Units
Budgeted sales 4,000
Ending inventory 2,840
Beginning inventory <u> (1,800)</u>
Budgeted purchases <u> 5,040</u>
The correct answer is A
Explanation:
Budgeted purchases equal budgeted sales plus ending inventory minus beginning inventory.
Answer:
$14,400
Explanation:
Given that,
Net cash provided by operating activities = $39,000
Net cash used for investing activities = $26,000
Net cash provided by financing activities = $1,400
The net change in cash during the year:
= Net cash provided by operating activities - Net cash used for investing activities + Net cash provided by financing activities
= $39,000 - $26,000 + $1,400
= $14,400
Answer:
The Federal Reserve has been at times biased in favor of the financial industry, because they have often put inflation targeting above the need to reduce unemployment when executing monetary policy. Besides, the financial industry has often been rescued by massive loans from the Fed.
However, the Federal Reserve has also acted in favor of reducing unemployment, specially during recessions, by expanding the money supply through a policy known as quantitative easing.
In conclusion, we can say that the Fed tends to be biased in favor of the financial industry, but not at all times.
