Answer:
$150 million
Explanation:
The reserve requirement is the amount of money required by the Fed for banks to keep as reserves.
If the reserve ratio is 25%, when the Fed buys securities of 200 million, the reserve would be 0.25 x 200 =$50 million
The amount that would be available for lending would be ($200 - $50) million = $150 million
Money supply would increase by a maximum of $150 million
I hope my answer helps you.
Answer:
Goods shipped by the owner to the consignee who sells the goods for the owner.
Explanation:
Consignment goods -
It refers to the goods holded by the consignee which is responsible for selling the goods , is referred to as consignment goods .
The consignee receives certain amount of money as commision for the goods .
This method is used by many manufacturing firm , to have a smooth and proper distribution of goods and services .
Hence , from the given question ,
The correct option is first one .
Answer: See explanation
Explanation:
The journal entry will be prepared as follows:
May 1:
Dr Account receivable $36000
Cr Sales $36000
(To record sales)
Dr Cost of goods sold $23540
Cr Inventory $23540
(To record cost of goods sold)
August 30:
Dr Cash $10380
Dr Allowance for doubtful accounts $25620
Cr Account receivable $36000
(To record collection and written off)
December 8:
Dr Account receivable $25620
Cr Allowance for doubtful accounts $25620
(To record reinstatement)
Dr Cash $25620
Cr Account receivable $25620
(To record collection)
Answer:
E) A proactive stance allows a company to take advantage of opportunities as they arise.
Explanation:
A proactive marketing stance entails collecting data to use in planning organized promotion campaigns in advance. This marketing stance frees up energy and time which enable a firm to benefit from new opportunities that may arise. A proactive marketing stance ensures that a firm is ready to take advantage of trending windows of opportunity, trending news, and emerging events.
It’s C. because it’s true
