Business, 25.01.2021 20:20 kevinh2683
The following information relates to Smoothie Incorporated. Beginning assets = 200,000 Beginning liabilities = 124,000 Beginning equity = 76,000 Sales during the year = 617,000 Expenses (including taxes) during the year = 561,000 Dividends during the year = 14,000 Proceeds from the issuance of stock = 35,000 Ending assets = 285,000 Using the accounting equation, what is the ending balance of equity?
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Business, 22.06.2019 08:30
Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.
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Describe how to write a main idea expressed as a bottom-line statement
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The following information relates to Smoothie Incorporated. Beginning assets = 200,000 Beginning lia...
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