Georgina paul, a student of economics, was studying the last decade's money supply data for her country x. georgina noticed that m2 has consistently been higher than m1 and the ratio of m1 to m2 was more or less stable at around 0.3 for most of the years. however, although the central bank of x did not conduct any expansionary monetary policy in recent times, the ratio m1: m2 increased considerably to 0.7 in the last two years. which of the following, had it happened in the last two years, would explain this outcome? with people becoming more risk-averse, investment in time deposits increased significantly. the central bank introduced interest rates on checking accounts which induced people to move funds from savings to checking accounts the widespread use of credit cards reduced the usage of traveler's checks. foreign investment in domestic money market mutual funds increased significantly. a neighboring country, that was earlier using x's currency, introduced its own currency.

Anew equipment has been proposed by engineers to increase the productivity of a certain manual welding operation. the investment cost is $25,000, and the equipment will have a market value of $5,000 at the end of a study period of five years. increased productivity attributable to the equipment will amount to $10,000 per year after operating costs have been subtracted from the revenue generated by the additional production. if marr is 10%, is investing in this equipment feasible? use annual worth method.

Which financial component is a mandatory deduction from your gross pay? a. sales tax b. social security tax c. health insurance d. disaster relief fund (drf) e. voluntary deduction

P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.