Answer:
$25,000
Explanation:
The computation of the maximum change in money supply is shown below:
= Deposit amount × money multiplier
= $5,000 × 5
= $25,000
Where, money multiplier is
= 1 ÷ required reserve ratio
= 1 ÷ 20%
= 5
So by multiplying with the deposit amount with the money multiplier we can get the maximum change in the money supply
Answer:
Answers are available in the attached images
Explanation:
This question is incomplete. I will type the complete question below and add image attachments of the solution as tabulated journal entries are required.
At the end of 2017, Payne industries had a deferred tax asset account with a balance of $26 million attributable to a temporary book tax difference of $65 million in a liability for estimated expenses. At the end of 2018, the temporary difference is $60 million. Payne has no other temporary differences and no valuation allowance for the deferred tax asset. Taxable income for 2018 is $220 million and the tax rate is 40%. Required:
1. Prepare the journal entry(s) to record Payne’s income taxes for 2018, assuming it is more likely than not that the deferred tax asset will be realized.
2. Prepare the journal entry(s) to record Payne’s income taxes for 2018, assuming it is more likely than not that one-fourth of the deferred tax asset will ultimately be realized.
Answer:
<em>The resource allocator role</em>
Explanation:
The role of resource allocator is among the four decisive management positions, as its primary objective is on decision-making and implementation.
Knowledge of the resource allocator and other management positions makes it possible for both new, trained and experienced supervisors to understand the work of a manager.
A licensee has 2 closings but her broker kept part of the commission to pay for expenses the licensee charged to the company. if the licensee files a complaint with the board, then the TREC does not handle disputes over commissions.
An income commission is the amount of money paid to a worker upon the crowning glory of a venture, usually selling a positive amount of products or offerings. Employers sometimes use sales commissions as incentives to increase worker productivity. A commission may be paid similarly to an income or rather than earnings.
Employers offer a commission to encourage their employees and lead them to be extra effective and generate more income and appeal to clients. sales and advertising jobs in many industries, along with vehicles and actual property, typically offer fee-based repayment.
Learn more about the commission here: brainly.com/question/957886
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