Unit 7 Assignment BU204_02 Melissa Langhoff Unit 7 Assignment 1 This section deals with increase money supply given two scenarios (see “a” and “b” below). In Westlandia‚ the public holds 50% of money one (M1) in the form of currency‚ and the required reserve ratio is 20%. a Estimate how much the money supply will increase in response to a new cash deposit of $500 by completing the accompanying table. Answer: Deposits will increase by $833.25 and the loans will expand by $666.60 meaning
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Kieso‚ Weygandt‚ Warfield‚ Young‚ Wiecek‚ McConomy Intermediate Accounting‚ Tenth Canadian Edition SOLUTION TO ASSIGNMENT #4 – COMM 3111 PROBLEM 9-4 (a)Investments (FV-OCI)—December 31‚ 2014 Securities Cost Fair Value Anderson Corp. Munter Ltd. King Corp. Total of portfolio $48‚750 580‚000 255‚000 $883‚750 $49‚580 569‚500 254‚400 $873‚480 Note: Balance in AOCI‚ December 31‚ 2014 = $10‚270 debit ($873‚480 – $883‚750) since all
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Issues / Questions Whether or not the actions of Ms. Leslie Gonzales towards Mr. Ray Garcia establishes an act of sexual harassment. Brief Answer Yes. Ray Garcia may file a sexual harassment complaint against Leslie Gonzales. The actions of Leslie towards Ray may constitute sexual harassment based on the Sexual Harassment Act of 1995 (RA 7877) and in consonance with jurisprudence. Nevertheless‚ with only the statement of Ray as proof and the lack of witnesses‚ although the presence of witnesses
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Question 1 XYZ Corporation is analyzing the possible acquisition of Stake Technology Inc.. Both firms have no debt. XYZ Corporation believes the acquisition will increase its total after-tax annual cash flows by $0.33 million indefinitely. The current market value of Stake Technology Inc. is $10.80 million‚ and that of XYZ Corporation is $14.20 million. The appropriate discount rate for the incremental cash flows is 11 percent. XYZ Corporation is trying to decide whether it should offer 42 percent
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COMPANY BACKGROUND: EasyFind manufactures and sells golf balls. The company is conducting a price test to find a better price point. Presently their golf balls sell for $19 per dozen. Their current volume is 5‚470 dozen per month. They are considering reducing their sales price by 20% per dozen. QUESTION 1: What are EasyFind’s total current revenues per month? $19 * 5‚470 = $103‚930 [+/- $3‚118] Total Revenues = Price * Volume QUESTION 2: If EasyFind’s variable costs are $10 per dozen‚ what
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improved a sewing machine similar to one patented in 1856 by Elias Howe. • Elias Howe sued Isaac Singer for patent infringement and won in 1854 • Since Singer lost‚ he had to pay Howe patent royalties John Deere • Was an American blacksmith and manufacturer who founded Deere and Company • One of the largest and leading agricultural and construction equipment in the world. • Developed the first commercially successful‚ self-scouring steel plow‚ closely parallels the settlement and
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HCS/440 Donna Lupinacci‚ MSN The article I read was written by Margaret Cuomo‚ M.D. and it focused on health care costs and how the government is doing unnecessary spending in health care. According to the article‚ the government has spent about $750 billion dollars on medical care that was not needed. Some of the areas where the author believes that the money has been wasted have been in unnecessary services‚ excessive administrative costs‚ inflated prices‚ prevention failures and fraud. The issue
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store had already acquired goodwill of $6‚030. = NONE 8. Smith withdrew $1‚000 cash from the store’s bank account for his personal use. = CASH – 1000‚ Retained Earnings – 1‚000 9. Smith took merchandise costing $750 for his own use. = Inventory - $750‚ retained earnings – 750 10. Smith learned that the individual who purchased the land subsequently sold it for $14‚000. The lot still owned by Music Mart was
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Table of contents Title Page Acknowledgements Aims of the Project Description of the business simulated List of transactions Books of Original Entry: * The General Journal * Purchases Journal * Sales Journal * Returns Outwards Journal * Returns Inwards Journal * Cash Book * Petty Cash Book The ledgers: * Purchases Ledger * Sales Ledger * General Ledger Trial Balance Trading and Profit and Loss Account Balance Sheet Interpretation of Results:
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