W, Inc. plans to have the same inventories at year end as was in the beginning of the year. The expected total fixed costs for the year are $288000, and the estimated variable costs per unit are $14. The planned number of units to be sold during the year is 60000, and the average unit selling price is $20. The maximum sales level within the relevant range are 70000. Requirements: NOTE: (SHOW ALL WORK) 1. What is the contribution margin ratio

Answers

Answer 1

Answer:

i needd points

Explanation:

lol


Related Questions

What is Brad doing when he starts dialoguing with his colleagues about their opinions related to tobacco use at the hospital

Answers

Answer: Using collective strategies

Explanation:

Collective strategies has to do with the organizing of people in order to be able to change health damaging environment and this is done through several strategies such as the provision of educational forums, building coalitions, lobbying for legislative changes etc.

Therefore, Brad dialogue with his colleagues about their opinions related to tobacco use at the hospital is the use of collective strategies.

On January 1, 2020, Ellison Co. issued eight-year bonds with a face value of $5,000,000 and a stated interest rate of 8%, payable semiannually on June 30 and December 31. The bonds were sold to yield 6%. The issue price of the bonds is closest to:

Answers

Answer:

"$4,417,800" is the correct solution.

Explanation:

According to the question,

Principal amount,

= $5,000,000

Number of period will be:

= [tex]8\times 2[/tex]

= [tex]16[/tex]

Interest rate yield per period will be:

= [tex]\frac{8 \ percent}{2}[/tex]

= [tex]4[/tex] %

Interest rate started per period will be:

= [tex]\frac{6 \ percent}{2}[/tex]

= [tex]3[/tex] %

Now,

The present value of principal will be:

= [tex]Principal\ amount\times Yield \ discount \ factor[/tex]

= [tex]5,000,000\times 0.534[/tex]

= [tex]2,670,000[/tex] ($)

The present value of interest will be:

= [tex]Interest \ amount\times Yield \ discount \ factor[/tex]

= [tex](5,000,000\times 3 \ percent)\times 11.652[/tex]

= [tex]1,747,800[/tex] ($)

hence,

The issue price of bonds will be:

= [tex]2,670,000+1,747,800[/tex]

= [tex]4,417,800[/tex] ($)

If planned aggregate expenditure (PAE) in an economy equals 2,000 0.8Y and potential output (Y*) equals 11,000, then this economy has

Answers

Answer: a recessionary gap

Explanation:

Equilibrium occurs where the planned aggregate expenditure is equals to the income Y.

Therefore, based on the question given, for this economy,

(2,000 + 0.8Y) = Y

Y - 0.8Y = 2000

0.2Y = 2000

Y = 2000/0.2

Y = 10,000.

Since potential output Y* is given as 11,000, then there's a recessionary gap since the actual output is lower than the potential output.

Direct Labor Variances Advanced Micro Devices develops high-performing computing products. Assume one of its processors, Ryzen 7 Pro, has a standard labor time of 0.25 hours and a standard labor rate of $20 per hour. During February, the following activities pertaining to direct labor for Ryzen 7 Pro were recorded: Direct labor hours used 64,000 Direct labor cost $1,248,000 Units of Ryzen 7 Pro manufactured 250,000
(a) Determine the labor rate variance.
(b) Determine the labor efficiency variance.
(c) Determine the total flexible budget labor cost variance.

Answers

Answer and Explanation:

The computation is shown below:

a. The labor rate variance is

= (standard rate - actual rate) × actual labor hours

= ($20 - $19.50) × 64,000

= $32,000 favorable

b. The labor efficiency variance is

= (standard hours - actual hours) × standard rate

= (62,500 - 64,000) × $20

= -$30,000 unfavorable

c. the total flexible budget variance is

= standard cost - actual cost

= ($1,250,000 - $1,248,000)

= $2,000 favorable

Navajo Corporation traded a used truck (cost $20,000, accumulated depreciation $18,000) for a small computer with a fair value of $3,300. Navajo also paid $500 in the transaction. Prepare the journal entry to record the exchange. (The exchange has commercial substance.)

Answers

Answer and Explanation:

The journal entry is given below:

Equipment/Computer $3,300    

Accumulated depreciation-Truck $18,000    

      To Truck $20,000  

      To Gain on disposal of truck  $800  

     To  Cash $500

(Being the exchange is recorded)

Here the equipment and accumulated depreciation is debited as it increased the asset and credited the truck, cash and gain as it decreased the assets and increased the revenue  

NoFly Corporation sells three different models of a mosquito "zapper." Model A12 sells for $53 and has variable costs of $45. Model B22 sells for $101 and has variable costs of $81. Model C124 sells for $406 and has variable costs of $315. The sales mix of the three models is A12, 59%; B22, 27%; and C124, 14%. What is the weighted-average unit contribution margin? (Round answer to 2 decimal places, e.g. 15.50.) Weighted-Average Unit Contribution Margin $ ______.

Answers

Answer:

$22.86

Explanation:

                                                    Model A12    Model B22   Model C124

Selling price per unit                        $53                 $101            $406

Variable costs per unit                     $45                 $81              $315

Contribution margin per unit           $8                    $20             $91

Weighted-Average Unit Contribution Margin = (Model A12 Contribution margin per unit * Sales mix) + (Model B22 Contribution margin per unit * Sales mix) + (Model C124 Contribution margin per unit * Sales mix)

Weighted-Average Unit Contribution Margin = ($8 * 59%) + ($20 * 27%) + ($91 * 14%)\

Weighted-Average Unit Contribution Margin = $4.72 + $5.4 + $12.74

Weighted-Average Unit Contribution Margin = $22.86

Frank and Daniel both agreed to volunteer for a company project cleaning and organizing the district warehouse. There were to be 50 volunteers. Upon arrival, they discovered volunteer turnout was low. They were assigned to the northwest corner of the warehouse where they were to meet Trixie, who would give them their assignment. When they arrived, Trixie was nowhere to be found but they did find two push-brooms leaning against the wall. Frank took a seat on a box to wait for Trixie and his assignment. Daniel grabbed one of the push-brooms and began sweeping. While he was sweeping, Daniel thought, "This is why my desk looks so tidy, while Frank’s desk looks like a disaster." Which of the following statements is likely true of this scenario? Multiple Choice I

a. n this weak situation, Frank’s laziness trait is activated. In this strong situation, Daniel’s neurotic trait is activated.
b. In this weak situation, Daniel’s introversion trait is activated. In this strong situation Frank’s conscientiousness trait is activated.
c. In this weak situation, Daniel’s extraversion trait is activated.

Answers

Answer:

a. In this weak situation, Frank’s laziness trait is activated. In this strong situation, Daniel’s neurotic trait is activated.

Explanation:

A trait can be defined as the characteristics of a person that describes his nature and his behavior. It is the result of one's genes or are influence from surrounding or nature.

A neurotic trait of a person helps the person to deal with the stress. It is a tendency towards shyness, anxiety, etc.

In the context, it is given that both Frank and Daniel volunteered themselves for cleaning a district warehouse. They were assigned the northwest corner of the warehouse to clean. Daniel found a push-broom and started sweeping and cleaning the floor, while Frank waited for Trixie to arrive who will assigned them their job.

In this situation, it shows the laziness trait of Frank who felt too lazy to start his work before someone assigning them to him while Daniel is active and it shows his neurotic trait because of which Daniel started his job and did not waited for Trixie to come.

Thus the correct option is (a).

You have just made your first $4,400 contribution to your retirement account. Assume you earn a return of 13 percent per year and make no additional contributions. a. What will your account be worth when you retire in 29 years

Answers

Answer: $152,309.69

Explanation:

You are looking for the future value of this amount in 29 years assuming it will be compounded annually.

Future value = Amount * (1 + rate)^ number of years

= 4,400 * ( 1 + 13%)²⁹

= $152,309.69

Transactions for Jayne Company for the month of June are presented below.

June:
1 Issues common stock to investors in exchange for $5,000 cash.
2 Buys equipment on account for $1,100.
3 Pays $740 to landlord for June rent.
12 Sends Wil Wheaton a bill for $700 after completing welding work.

Required:
Journalize the transaction.

Answers

Answer:

June 1

Debit : Cash  $5,000

Credit : Common Stock $5,000

June 2

Debit : equipment $1,100

Credit : account payable $1,100

Explanation:

Journalize the transaction.

Southwest Airlines wants to raise $20 million to finance the renovation of their corporate offices, and the company wishes to raise the funds through direct finance. Which of the following methods could it use?

a. It could issue $20 million in stocks.
b. It could sell $20 million in bonds.
c. It could borrow $20 million from a bank.
d. It could choose either A or B.

Answers

Answer:

D

Explanation:

Direct finance is when a company or individual borrows money directly from the financial market without the aid of a financial intermediary.

Examples include :

issuing bondsissuing shares

Indirect finance is when a company or individual borrows money through a financial intermediary. for example, borrowing from a bank

Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land 5 years ago for $9,639,708 in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent these facilities from a competitor instead. If the land were sold today, the company would net $3,650,288. An engineer was hired to study the land at a cost of $810,081, and her conclusion was that the land can support the new manufacturing facility. The company wants to build its new manufacturing plant on this land; the plant will cost $6,880,840 million to build, and the site requires $529,656 worth of grading before it is suitable for construction. What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project?

Answers

Answer:

the proper cash flow amount is $11,060,784

Explanation:

The computation of the proper cash flow amount is shown below:

= land value + plant value + grading value

= $3,650,288 + 6,880,840 + $529,656

= $11,060,784

Hence, the proper cash flow amount is $11,060,784

So the same should be considered and relevant

Your parent offer you the opportunity to invest 5,000,000,000 VND in new beverage shop
(coffee/ milk tea/ bubble tea …) on the existing building on their property. It is located in the
city centre. This building has 200m2 of space. Assumed that the project lasts 10 years,
opportunity cost of capital is 10%, corporate income tax is ignored.
a. You should make some assumptions and forecast initial investment (cost of repairing
old building and purchase of fixed assets); operation cash flow (annual sale revenue
price per cup of drinks, number of cups of drinks per year, all relevant costs of
operating, depreciation expenses, profit and cash flow from operation); and cash flow
from changes in working capital. For each of assumption, clarify and explain in details
the amount forecasted.
b. For this project, calculate:
- NPV (Net present value)
- Payback period
- Profitability index
c. Do you invest this project? Why?

Answers

profitability index

Explanation:

our money will be save for our future

The spot price of an investment asset that provides no income is $32.10 and the risk-free rate for all maturities (with continuous compounding) is 6.25%. What is the 4-year forward price? Answer with two decimal digits accuracy. Example: 52.12

Answers

Answer:

$41.22

Explanation:

Forward price = Spot price*(1 + Risk free rate)^Time of contract

Continuous compounding rate = e^(0.0625) = 1.06449445892 = 1.0645

Forward price = $32.10 * (1.0645)^4

Forward price = $32.10 * 1.28405215218

Forward price = $41.2180741

Forward price = $41.22

So, the 4-year forward price is $41.22.

True or False: With a minimum wage of $8.70, unemployment of unskilled workers is lower with the tax credit versus without it.

Answers

Answer: True

Explanation:

Generally speaking, a tax credit would bring about a lower unemployment rate for unskilled labor as opposed to a situation where there is no tax credit.

A tax credit would reduce the amount of taxes that a company is to pay which would leave them with more income to reinvest into the business. This reinvestment will lead to the business having a higher production capacity such that it requires more workers so they will hire more workers, both unskilled and skilled thereby reducing the unemployment rate for both.

True or false: Demand is created through meeting customer buying criteria, awareness (promotion) and accessibility (sales distribution), and credit terms.

Answers

Answer:

false

Explanation:

Joshua has been working as a project manager in an information technology company for three years. Martha is a delivery team lead in the same company. When the company receives a project that has to be completed in a short span of time, Joshua decides to increase the daily work hours of the delivery team to accommodate the project. Martha, however, insists that Joshua request the client for a time extension. Not willing to reach an agreement, Joshua and Martha ignore each other's opinions and begin working on the project individually. Which of the following conflict-handling intentions does this scenario portray? Collaborating Accommodating Avoiding Compromising

Answers

The conflict-handling deals with collaborating

Consider the following information for Evenflow Power Co.,
Debt: 5,500 5.5 percent coupon bonds outstanding, $1,000 par value, 19 years to maturity, selling for 104 percent of par; the bonds make semiannual payments.
Common stock: 137,500 shares outstanding, selling for $56 per share; the beta is 1.08.
Preferred stock: 18,500 shares of 5 percent preferred stock outstanding, currently selling for $106 per share.
Market: 7.5 percent market risk premium and 4 percent risk-free rate.
Assume the company's tax rate is 31 percent.
Required:Find the WACC.

Answers

Answer:

8.02 %

Explanation:

Weighted Average Cost of Capital (WACC) is the the cost required by holders of permanent source of capital pooled together.

WACC = Cost of Equity x Weight of Equity + Cost of Preferred Stock x Weight of  Preferred Stock + Cost of Debt x Weight of Debt

where,

Cost of Equity (CAPM) = 4 % + 1.08 x 7.5 %

                                     = 12.10 %

Cost of Preferred Stock = 5%

Cost of Debt :

PMT = ($1,000 x 5.5%) ÷ 2 = $27.50

N = 19 x 2 = 38

PV = $1,000 x 104 % = - $1,040

P/YR = 2

FV = $1,000

I/YR = ??

Using a Financial calculator the YTM (which is the cost of debt) is 5.17 %

But,

We use after tax cost of debt.

After tax cost of debt = 5.17 % x (1 - 0.31) = 3.57%

also

Total Market Value = $5,720,000 + $7,700,000 + $1,961,000 = $15,381,000

Weight of Equity  = 0.50

Weight of  Preferred Stock = 0.13

Weight of Debt = 0.37

therefore,

WACC = 12.10 % x 0.50 + 5% x 0.13 + 3.57% x 0.37

           = 8.02 %

Review the following statements and determine which is (are) correct regarding an adjusted trial balance and how it is used In preparing financial statements. (Check all that apply.) Multiple select question. The adjusted trial balance includes all accounts and balances appearing in financial statements. The ending Retained Earnings account balance on the balance sheet is taken directly from the adjusted trial balance. Financial statements are easier to prepare using the adjusted trial balance than the general ledger. The balance sheet is the first financial statement prepared. The ending Retained Earnings account balance on the balance sheet is transferred from the statement of retained earnings. The income statement is the first financial statement prepared after preparing the adjusted trial balance.

Answers

Answer:

The Correct Statements regarding an adjusted trial balance and its use in preparing financial statements are:

1. The adjusted trial balance includes all accounts and balances appearing in financial statements.

3. Financial statements are easier to prepare using the adjusted trial balance than the general ledger.

5. The ending Retained Earnings account balance on the balance sheet is transferred from the statement of retained earnings.

6. The income statement is the first financial statement prepared after preparing the adjusted trial balance.

Explanation:

a) The above answers leave the following incorrect statements about the adjusted trial balance:

2. The ending Retained Earnings account balance on the balance sheet is taken directly from the adjusted trial balance.

4. The balance sheet is the first financial statement prepared.

b) In conclusion, the adjusted trial balance, which lists the general ledger account balances, is compiled after considering period-end adjustment entries, in line with the accrual concept and the matching principles of generally accepted accounting principles.

XYZ Company has a variable cost ratio of 40%, fixed expenses of $200,000, and desires to earn operating income of $100,000. Total sales revenue required to achieve XYZ Company's desired operating income is:

Answers

Answer:

Sales revenue = $500,000

Explanation:

Below is the calculation:

Formula for variable cost ratio = Total variable expenses (Total variable cost) / Net Sales = 40%

40% = Total variable cost / Net Sales

Total variable cost = 0.40 Net sales

Operating income = Total revenue - fixed cost - variable cost

100,000 = Total revenue - 200,000 - 0.40 total revenue

300,000 = 0.60 total revenue

Total Revenue = 300,000/ 0.6

Sales revenue = $500,000

You are an executive with an internet merchandizing company. Azzamon Inc. You have been assigned the task of analyzing whether to add a new warehouse in Atlanta or in Boston. A consulting firm whom you paid $100 K to do a study has narrowed the choice down to these two cities. You currently have two other warehouses in other cities. You must decide whether the following is relevant or irrelevant to the decision of where to locate the warehouse? Consultant Fee: Relevant Irrelevant

Answers

Answer:

Azzamon Inc.

Consultant Fee:

Irrelevant.

Explanation:

The consultant fee is not relevant to the decision of where to locate the warehouse.  It is like a sunk cost that has already been incurred.  The two cities recommended by the consultant will be considered based on their relevant statistics and data and not based on the fee paid to the consultant.  A relevant cost impacts the decision at hand.  One relevant cost for making a decision of this nature is the cost of installing facilities at the locations.

Calculate the end of the year cash balance based on the information below:

Beginning of the year cash balance 1,600
Revenue 1,200
Net income 450
Depreciation 100
Negative changes in operating assets and liabilities 60
Acquisitions of PP 300
Dividends paid in the current year 110
Increase in long-term debt 500

Answers

Answer: $2,180

Explanation:

Net income is already derived from revenue so adding revenue would be double counting.

Depreciation is a non cash expense so should be added back to cash holdings.

Negative changes in operating assets and liabilities reduces cash.

Acquisitions of Property and Plants reduces cash

Dividends also reduce cash

Increase in debt increases cash.

Cash balance is therefore:

= Beginning of year cash + Net income + Depreciation + Increase in long-term debt - Negative changes in operating assets and liabilities - Acquisitions of PP - Dividends paid in current year

= 1,600 + 450 + 100 + 500 - 60 - 300 - 110

= $2,180

Net income is derived from revenue so adding revenue give double counting

Depreciation is a non cash expense so should be added back to cash holdings

Negative changes in operating assets and liabilities reduces cash

Acquisitions of Property and Plants reduces cash

Dividends  reduce cash

Increase in debt increases cash

Cash balance based on the information is:

= Beginning of year cash + Net income + Depreciation + Increase in long-term debt - Negative changes in operating assets and liabilities - Acquisitions of PP - Dividends paid in current year

= 1,600 + 450 + 100 + 500 - 60 - 300 - 110

= 2,180

What are Operating Assets?

Operating assets are those assets acquired for use in the conduct of the ongoing operations of a business. This means assets that are needed to generate revenue.

Examples of operating assets are cash, prepaid expenses, accounts receivable, inventory, and fixed assets. If there are recognized intangible assets, such as technology licenses needed to manufacture goods, these should also be considered operating assets.

Assets not considered to be operating assets are those used for long-term investment purposes, such as marketable securities.

Assets no longer used for operations, such as assets held for sale, are also not considered to be operating assets.

Further, a non-cash asset that is held for investment purposes, such as an investment property, is not considered an operating asset.

What is Liability?

A liability is something a person or company owes, usually a sum of money.

Liabilities are settled over time through the transfer of economic benefits including money, goods, or services.

Liability is Recorded on the right side of the balance sheet, liabilities include loans, accounts payable, mortgages, deferred revenues, bonds, warranties, and accrued expenses.

Liabilities can be contrasted with assets.

Liabilities refer to things that you owe or have borrowed; assets are things that you own or are owed.

To learn more about Operating Asset here

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What is the net effect on a firm's working capital if a new project requires: $41,375 increase in inventory, $35,370 increase in accounts receivable, $35,000.00 increase in machinery, and a $44,016 increase in accounts payable

Answers

Answer:  $32,729

Explanation:

Net working capital for a period is the current assets of the company less the current liabilities.

Change in Net Working capital is:

= Increase in inventory + Increase in accounts receivable - Increase in Accounts payable

= 41,375 + 35,370 - 44,016

= $32,729

Do government statisticians calculate GDP by simply adding up the total sales of all business firms in one year? Explain.

Answers

Answer:

No

Explanation:

No, because the gross domestic product is determined by encompassing the final product. If the total sales are used to determine the GDP then the false value of GDP will come up because the problem of double counting will arise. Many firms sell their goods to other firms which is intermediate goods for the other firms.

A game has a saddle point when the maximin payoff value equals the minimax payoff value. true or false

Answers

Answer:

True

Explanation:

To answer this question, I'll use the following illustration.

Minimax = <10,18,15>

Maximax = <8,4,10>

The payoff of the minimax is 10 (i.e. the smallest) and the payoff of the maximax is 10 (i.e. the largest)

Both payoffs are equal; hence, 10 is the saddle point.

Lakeview Engine, Inc., produces engines for the watercraft industry. An outside manufacturer has offered to supply several component parts used in the engine assemblies, which are currently being produced by Lakeview. The supplier will charge Lakeview $325 per engine for the set of parts. Lakeview’s current costs for those part sets are direct materials, $145; direct labor, $85; and manufacturing overhead applied at 100% of direct labor. Variable manufacturing overhead is considered to be 20% of the total, and fixed overhead will not change if the part sets are acquired from the outside supplier.
What would be the net cost advantage or disadvantage if Lakeview decided to purchase the parts?

Answers

Answer:

Lakeview Engine, Inc.

The net cost disadvantage if Lakeview decided to purchase the parts from the supplier per part is:

= $78

Explanation:

a) Data and Calculations:

Price by outside supplier per engine = $325

Current costs of manufacturing the engine:

Direct materials per unit = $145

Direct labor per unit = $85

Variable manufacturing overhead (20%) = $17

Fixed manufacturing overhead (80%) = $68

Total variable manufacturing cost per unit = $247

Incremental Analysis:

                                                             Make           Buy      Incremental

Production costs:

Variable manufacturing costs per unit:

Direct materials per unit                      $145

Direct labor per unit                              $85

Variable manufacturing per unit           $17

Total variable manufacturing costs   $247         $325        $78

b) Therefore, it costs more to Lakeview to buy the part from the outside supplier than it does when it makes it internally.  Lakeview should continue making the parts.

 

The Dow Theory describes stock prices as moving in trends analogous to the movement of water. Which of the following statements is nottrue?
A. Major trends resemble tides.
B. Intermediate trends resemble waves.
C. Short-run movements are like ripples.
D. Waves are the most important.
E. None of the above (that is, all are true statements)

Answers

the answer is A because i did this already

Answer:

D.Waves are the most important I think sorry if I'm wrong

Explanation:

Hope this helped! :)

Seeing his son graduate from college is most likely a short-term goal for a
person of which of these ages?
A. 8 years old
B. 58 years old
C. 28 years old
D. 18 years old

Answers

The answer is c 28 years old

A foreign company (whose sales will not affect Benjamin's market) offers to buy 3,000 units at $6.40 per unit. In addition to variable manufacturing costs, selling these units would increase fixed overhead by $500 and selling and administrative costs by $200. If Benjamin accepts the offer, its profits will:

Answers

Answer:

Increase by $18,500

Explanation:

Data and Calculation

Sales                         $19,200

Less Expenses             $700

Net Income              $18,500

If Benjamin accepts the offer, its profits will: increase by $18,500

Professional Products Inc., a wholesaler of office products, was organized on February 5 of the current year, with an authorization of 100,000 shares of preferred 2% stock, $50 par and 650,000 shares of $25 par common stock. The following selected transactions were completed during the first year of operations:
Feb. 5. Issued 700,000 shares of common stock at par for cash.
Feb. 5. Issued 1,200 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation.
Apr. 9. Issued 40,000 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $120,000, $280,000, and $80.000, respectively.
June 14. Issued 25,000 shares of preferred stock at $82 for cash.
Journalize the transactions.

Answers

Answer:Please find answers below

Explanation:

Being the issue of 700,000 shares of common stock at par for cash

Date             Accounts and explanation             Debit                Credit

5th Feb           Cash (700,000 shares × $25)    $17,500,000

      To Common Stock                                                                 $17,500,000  

 

Being the issue of 1200 shares of common stock at par for legal fees

Date             Accounts and explanation             Debit                Credit

5th Feb      Legal Fees  (1200 shares × $25)     $30,000

                To Common Stock                                                     $30,000

Being the issue of the common stock in exchange of assets

Date             Accounts and explanation             Debit                Credit

9th Apr        Land                                            $120,000

                 Building                                          $280,000

                Equipment                                        $80,000

     To Common Stock  (40,000 shares × $25)                       $1,000,000  

           To Paid in capital excess of par value

(error noticed as the debit and credit balance do not tall after computation the amount of land, building and equipment  $120,000, $280,000, and $80.000,with respect to the common stock of 40,000 shares × $25)

Being the issuance of the preferred stock.

Date             Accounts and explanation             Debit                Credit

14th Jun    Cash  (25,000 shares × $82)           $2,050,000

         To preferred Stock (25,000 shares × $50)                     $1,250,000

         To Paid in capital excess of par value                               $800,000

The central bank of Canada is the Bank of Canada.
Suppose that inâ Canada, banks' reserves at the Bank of Canada were $1 âbillion, Bank of Canada notes were $60 billion, and the quantity of coins was $4 billion. What was the monetary base?

Answers

Answer:

$65 billion

Explanation:

Monetary base means the total sum of banks’ reserves at the Fed (Bank of Canada), Federal reserve notes (Bank of Canada notes), and quantity of coins.

Monetary base = $1 billion + $60 billion + $4 billion

Monetary base = $65 billion

Other Questions
Even today, many foreigners continue to emigrate to the United States in hopes of finding new job opportunities. Which edit corrects the error in the sentence Please hlep x^2+6x+1=0 The durations (minutes) of 26 electric power outages in Shah Alam over the past five years are shown below. 32 44 25 66 27 12 62 9 51 4 17 50 35 99 30 21 12 53 25 2 18 24 84 30 17 17 (a) Find the mean, median and mode. please help me with this ! What do you think are the possible alleles for eye color in humans? one car accelerates at half the rate of another how much longer does it take the first car to travel a quarter mile The earth's radius is about 4000 miles. Kampala, the capital of Uganda, and Singapore are both nearly on the equator. The distance between them is 5000 miles as measured along the earth's surface.a. Through what angle do you turn, relative to the earth, if you fly from Kampala to Singapore? Give your answer in both radians and degrees. b. The flight from Kampala to Singapore take 9 hours. What is the plane's angular speed relative to the earth? which type of plant was important in establishing the transition from water to land and the dominance of gametophyte A person is standing close to the edge on a 56 foot building and throws the ball vertically upward. The quadratic function h(t)=-16^2+104t+56 models the balls height above the ground,h(t),in feet, T seconds after it was thrown what is the maximum height of ball.=How many seconds did it take to hit the ground= Please help! is soap a countable noun ? Which relation is a function? The slope of the lines that passes through the points (-10,0) and (-13,3) Sales $ 610,000 Cost of goods sold 430,000 Salaries 111,000 ($25,200 is indirect) Utilities 17,000 ($6,000 is indirect) Depreciation 48,800 ($17,200 is indirect) Office expenses 26,200 (all indirect) 1. Prepare a departmental income statement for 2019. 2. The Milestone Decision Authority is responsible for establishing the Critical Operational Issues (COIs) that will be addressed in testing.A. TrueB. False A) What is the initial configuration BPDU for B4? B) What is the configuration BPDU of B3 after receiving the initial configuration BPDU of B5? C) If B3 accepted B2 as the root, what is the configuration BPDU of B3? D) If B2 accepted B1 as the root through B7, what is the configuration BPDU of B2? E) Which bridge is the designated bridge of LAN C at this time? F) Now, if B5 accepted B1 as the root, what is the configuration BPDU of B3 after receiving the new configuration BPDU of B5? G) Which bridge is the designated bridge of LAN C at this time? Explain how your design choice for the color scheme of a bedroom would differ from that of a family room. sum of first n terms of an ap sequance is 3n2+5n.what is the sum of its first n+1 terms.find the sum of its first 10 terms. Drag the substances into the correct categorywaterReactants Productsoxygenenergycarbon dioxideglucose can anybody pls help me with chemistry how to balance an equation of class 7 ??? plsreally I don't like chemistry..I need only the step(s).. A 90 % confidence interval for the average salary of all CEOs in the electronics industry was constructed using the results of a random survey of 45 CEOs. the interval was ($133, 306, $150, 733). To make useful inferences from the data, it is desired to reduce the width of the confidence interval. Which of the following will result in a reduced interval width? A) Increase the sample size and increase the confidence level. B) Decrease the sample size and increase the confidence level. C) Decrease the sample size and decrease the confidence level. D) Increase the sample size and decrease the confidence level.