Answer: $1,850 billion
Explanation:
The following were given in the question:
Currency in circulation = $950 billion
Required reserves = $60 billion
Excess reserves = $840 billion
Open market operations = $70 billion
The monetary base will be the value of all the currency in circulation plus the reserves that is held by the banks and this will be:
= $950billion + $60billion + $840billion
= $1,850 billion
Neal receives the additional $75,000.
<h3>
What are liabilities?</h3>
- A liability is defined in financial accounting as the future sacrifices of economic benefits that an entity is obligated to make to other entities as a result of past transactions or other past events, the resolution of which may result in the transfer or use of assets, provision of services, or another future yielding of economic benefits.
- A company's assets are what it owns, while its liabilities are what it owes.
- Both are included on a firm's balance sheet, which is a financial statement that demonstrates the financial health of the company.
- Equity, or an owner's net worth, is equal to assets with fewer liabilities
Liability Examples -
- Bank indebtedness Debt from a mortgage.
- Suppliers owe money (accounts payable) Wages are owing.
- Taxes are owing.
- In the given situation Neal was the owner and so it will have the liability of $425,000 and the additional amount of $75,000.
Therefore, Neal receives the additional $75,000.
Know more about liabilities here:
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Answer:
Continue to support the team's decision on sizing.
Explanation:
Before rolling out a product by a company, there is what is called user story which is usually being deliberated by the product team. The purpose is to ensure that the specifications as contained therein is in line with what customers wanted and same is well understood by the parties involved before rolling out the product.
A product owner who feels the team is wasting time has no option than to support the team's decision on point sizing because she is a member of the team. Moreover, the team has to come up with the best user story after point sizing and deliberation.
Also, as a product owner who is also part of the product team; they are known to be team oriented hence must continue to support whatever decision that is made by the team.
Answer: 42056 pounds
Explanation:
The budgeted raw material purchases for May will be:
Budgeted unit sale = 8700
Add: desired ending inventory = 10% × 12600 = 1260
Total needs = 8700 + 1260 = 9960
Less: Beginning inventory = 10% × 8700 = (870)
Production in May = 9960 - 870 = 9090
Pounds for material = 4
Material for production = 9090 × 4 = 36360
Add: Desired ending inventory of raw material = 20240
Total needs = 36360 + 20240 = 56600
Less: Beginning ending inventory of raw material = (14544)
Raw material purchase = 42056
