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tresset_1 [31]
3 years ago
9

Jane currently has $5,300 in her savings account and $2,000 in her checking account at the local bank. Instructions:

Business
1 answer:
mrs_skeptik [129]3 years ago
4 0

Answer:

A

  • M1 change = $500
  • M2 change = $0

B

  • M1 change = -$340
  • M2 change = -$180

Explanation:

A. M1 includes actual liquid cash in hand as well as cash in checking deposits.

M2 includes M1 as well as savings deposits and time deposits amongst others.

M1 change = +$500

$500 went from the Savings account which was not part of M1 to M1.

M2 change = $0

The money went from Savings to Checking which are both part of M2.

B.

M1 change = -$-180 - ( 500 - 180 -160 ) = -$340

Tax of $180 went out of the supply as tax. Jane deposits the remaining cash after paying $160 for goods into the savings account which is not part of M1. That remaining cash is = 500 - 180 - 160 = $160.

M2 change = -500 + 160 + 160 = -$180

For M2, only taxes will reduce money from it because the rest goes to checking deposits and savings accounts both of which are part of M2

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The correct matches are the following.

1. Increasing the number of products your company exports from the United States to Canada without tariffs that could hurt profits. = e) NAFTA.

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Knowing these organizations and their main functions will help you to understand foreign trade, its characteristics in a b¿globalizaed world, and the peculiarities according to each region. Every trade agreement has its details and you want to become an expert in the region you choose to maximize your sales and profits.

That is why many countries associate in trade agreements, as is the case of NAFTA, the North America Free Trade Agreement signed by Mäxico, the United States, and Canada, now turned into USMCA, the United States, México, and Canada Agreement.

8 0
2 years ago
You and your spouse are in good health and have reasonably secure jobs. Each of you makes about $25,000 annually. You own a home
saveliy_v [14]

Answer:

$88,150

Explanation:

DINK method for insurance sums one half of all the debt plus funeral expenses. Thus,

Using DINK method

One half of mortgage, 140,000 = 70000

One half of car loan, 14000 = 7000

One half of personal debts, 4800 = 2400

One half of credit card loans, 3500 = 1750

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Total insurance needed =

70000 + 7000 +2400 + 1750 + 7000

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Note that, when using DINK method, what the spouse earn isn't used in calculating total insurance.

7 0
3 years ago
Marin Company's accounts receivable arising from sales to customers amounted to $131000 and $114000 at the beginning and end of
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Answer:

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Explanation:

To determine the cash flows from operating activities, the net Income for the year must be adjusted by non - cash items and changes in working capital items.

Therefore, given a decrease in Accounts Receivable $17,000 ($131000 - $114000) . Then the cash flows from operating activities to be reported on the statement of cash flows is $481,000 ($498000 - $17,000) .

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2 years ago
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Alecsey [184]

Answer – B (He could fill out a FAFSA form to determine what financial aid he would qualify for)

 

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6 0
2 years ago
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Poder Inc. is considering a project that has the following cash flow data. What is the project's payback?Year 0 1 2 3Cash flows
boyakko [2]

Answer:

c. 2.36 years

Explanation:

In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:

In year 0 = $750

In year 1 = $300

In year 2 = $325

In year 3 = $350

If we sum the first 2 year cash inflows than it would be $625

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And, the next year cash inflow is $350

So, the payback period equal to

= 2 years + ($125 ÷ $350)

= 2.36 years

In 2.36 yeas, the invested amount is recovered.

3 0
3 years ago
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