Answer:
Total increase in deposit = $54,200,000
Explanation:
given data
deposits = $20 million dollars
bank reserve = 10%
solution
we know that Deposit in bank A is = $20,000,000
and Reserve @ 10% = $2,000,000
so
Bank A loans or bank B deposit will be = $20,000,000 - $2,000,000
Bank A loans or bank B deposit = $18,000,000
here Reserve @ 10% = $1,800,000
so
Bank B loans or Bank C deposit will be here = $18,000,000 - $1,800,000
Bank B loans or Bank C deposit = $16,200,000
so that
Total increase in deposit will be = Bank A + Bank B + Bank C ...............1
put here value we get
Total increase in deposit = $20,000,000 + $18,000,000 + $16,200,000
Total increase in deposit = $54,200,000
3. Supplies like sugar, butter, and baking trays
4. The money they pay their neighbor's six year old son to deliver cupcakes to their customers
5. The salary Alex earned in his previous job designing light fixtures
Answer:
1. The garage space used for baking that can no longer be rented to a college student - implicit costs
Implicit costs are the opportunity costs, or in other words, what they give up to run the cupcake bakery. In this case, they are giving up on the rent they would get.
2. Advertising space taken out on a social media network - explicit costs
Explicit costs are monetary cost. To advertise on social media, they probably have to pay. In case they can advertise for free, then, this is not a cost.
3. Supplies like sugar, butter, and baking trays - explicit costs
Supplies have to be paid for with money, for these reason, they represent an explicit cost.
4. The money they pay their neighbor's six year old son to deliver cupcakes to their customers - explicit costs
Wages are also explicit costs because they have to be paid for with money. In this case, the kid is like their employee, and the money he earns is his wage.
5. The salary Alex earned in his previous job designing light fixtures - implicit costs
Alex quit his job to run the cupcake bakery instead. The salary he used to earn is something that he has given up, or an opportunity cost. Therefore, this salary represents an implicit cost.
Answer:
Entry to record service revenues performed but not yet billed (nor recorded).
Dr Accounts receivable (asset, balance sheet)
Cr Service revenue (revenue, income statement)
Entry to record janitorial expense incurred but not yet paid.
Dr Janitorial expense (expenses, income statement)
Cr Janitorial expenses payable (liability, balance sheet)
Entry to record rent expense incurred but not yet paid.
Dr Rent expense (expenses, income statement)
Cr Rent expenses payable (liability, balance sheet)
Entry to record interest expense incurred but not yet paid.
Dr interest expense (expenses, income statement)
Cr Interest expenses payable (liability, balance sheet)
Entry to record expiration of prepaid rent.
Dr Rent expense (expenses, income statement)
Cr Prepaid rent (asset, balance sheet)
Answer:
the numbering
Explanation:
EDGU 2021
B) Ellen is correct only if the state is making efforts to put social programs into effect and is not acting unreasonably in refusing to provide needed services.
C) Ellen is partially correct in that Congress has no authority to link highway funds with social services,but any other funds may be linked to social services by executive order.
D) Ellen is partially correct in that Congress has no authority to link highway funds with social services,but other funds may be linked to social services by an act of Congress.
E) Ellen is incorrect.
Answer: E. Ellen is incorrect.
Explanation:
From the information provided, we can deduce that Bill is incorrect. This is because the statement made by Bill that "Congress lacks the authority to tax in this manner because the U.S.Constitution expressly reserves that right to the states" is incorrect. It should be noted that the constitution of the United States contains no such reservation.
Also, Ellen is incorrect. This is because the Congress has the authority to link highway funds or any other funds with social welfare objectives.
Answer:
Requiring all employees to attend “captive audience” speeches in the company auditorium regarding the union organizing effort
Explanation:
In simple words, union certification election refers to the electoral process under which the labor force of an organisation chooses its leader for a fixed period of time as determined by the rules. This process is usually seen in large organisations where a thousands of labor workforce is included.
Just like any other process, in these elections also the candidates are supposed to present themselves against the voters and tell them their ideas and the works they are going to perform.
Answer:
the average cost for inventory is $11.40
Explanation:
The computation of the average units for cost is shown below:
= Total purchase ÷ total purchase units
= (150 units × $10 + 350 units × $12) ÷ (150 units + 350 units)
= ($1,500 + $4,200) ÷ (500 units)
= ($5,700) ÷ (500 units)
= $11.40
Hence, the average cost for inventory is $11.40
We simply applied the above formula and the same is to be considered