Answer:
the size of M1 can only be a fraction of checkable deposits.
Explanation:
fractional reserve banking system requires that a fraction banks receive as deposits from customers be kept as reserves with the central bank and the rest be made out as loans.
M1 consists of coins, demand deposits and currency in circulation. Banks determine the money in circulation by giving out loans. so the size of M1 can only be a fraction of checkable deposits.
A product line is a group of related products produced by one manufacturer they use product lines to gauge trend a find out which markets to target they use whatever is being sold the most and go from there
Answer:
Culture.
Explanation:
A firm’s statement of values requires a lot of pruning. There are many acceptable values, but to be effective, the list must be short. Executives choose the most important values. Therefore, the clue to <u>Culture</u> is in what is chosen.
Companies recruit candidates who are most likely to fit their culture. Studies have found that a good fit between a candidate's personality and the company's culture leads to better retention. Companies can also use hiring decisions and training to maintain their culture.
Answer:
B) $1,132,895
Explanation:
If the CPI = 15.2 in 1931, and in 2012 it was = 229.6, then President Hoover was making a fortune = (229.6 / 15.2) x $75,000 = $1,132,895, and he was a terrible president, one of the worst ones in all history.
In 2012 when President Obama was in office, he made around $400,000 and he was a much better president.
Answer:
Explanation:
Rate of return on common stockholder's equity for 2019:
= (Net Income - Preferred Dividend) / Av. common stockholder's equity
= ($94,000 - $26,000) / $312,000
= $68,000 / $312,000
= 0.2179 or 21.79%
Av. common stockholder's equity 2019 :
Total stockholder's equity 2018 ( Common) = Total stockholder's equity - Stockholder's Equity attributable to preferred
= $318,000 - $22,000
= $296,000
Total stockholder's equity 2019 ( Common) = Total stockholder's equity - Stockholder's Equity attributable to preferred
= $350,000 - $22,000
= $328,000
Av. common stockholder's equity 2019 = ($296,000 + $328,000) / 2 = $312,000
