Grequired information [the following information applies to the questions displayed below.] on october 1, ebony ernst organized ernst consulting; on october 3, the owner contributed $84,780 in assets in exchange for its common stock to launch the business. on october 31, the company’s records show the following items and amounts. retained earnings, october 1 as $0. cash $ 8,990 cash dividends $ 2,830 accounts receivable 16,540 consulting revenue 16,540 office supplies 3,930 rent expense 4,300 land 45,980 salaries expense 7,740 office equipment 18,660 telephone expense 850 accounts payable 9,170 miscellaneous expenses 670 common stock 84,780 using the above information prepare an october income statement for the business.

How supply and demand work together to reach the equilibrium price in the marketplace? give at least a paragraph. you!

Starting at age 30, you deposit $2000 a year into an ira account for retirement. treat the yearly deposits into the account as a continuous income stream. if money in the account earns 7%, compounded continuously, how much will be in the account 35 years later, when you retire at age 65? how much of the final amount is interest?

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.