Because then there will be a limited amount of supplies and resources on Earth, so the value will be rare and expensive.
Answer:
The lending ability will increase by $2.25 billion.
Explanation:
The reserve requirement is given at 25%.
If federal reserve bank buys $3 billion in government securities, the total reserve will increase by $3 billion.
The excess reserve will be
=Increase in total reserve-required reserve
=$3 billion-25% of $3
=$(3 billion- .25*3) billion
=$(3-0.75) billion
=$2.25 billion
Answer:
The correct solution is "$26,000".
Explanation:
The given values are:
Cost
= $1,750,000
Salvage value
= $150,000
First Year Extraction
= 6,500
Total Extraction
= 400,000
Now,
⇒ 
On putting the values, we get
⇒ = 
⇒ = 
⇒ =
($)
Answer:
show them the steps to put the item together
Explanation:
Answer:
a. Journal entries to record the reinstatement of the account receivable
Account Title and Description Debit Credit
Account receivable account $600
Allowance for Doubtful Accounts account $600
(Reinstatement of the account receivable)
b. Journal entries to record the receipt of cash
Account Title and Description Debit Credit
Bank Account $600
Account receivable account $600
(Receipt of cash)