Lanni products is a start-up computer software development firm. it currently owns computer equipment worth $30,000 and has cash on hand of $20,000 contributed by lanni's owners. lanni takes out a bank loan. it receives $50,000 in cash and signs a note promising to pay back the loan over three years. lanni uses the cash from the bank plus $20,000 of its own funds to finance the development of new financial planning software. lanni sells the software product to microsoft, which will market it to the public under the microsoft name. lanni accepts payment in the form of 2,000 shares of microsoft stock. lanni sells the shares of stock for $70 per share and uses part of the proceeds to pay off the bank loan. a-1. prepare its balance sheet just after it gets the bank loan. a-2. what is the ratio of real assets to total assets? (round your answer to 1 decimal place.)b-1. prepare the balance sheet after lanni spends the $70,000 to develop its software product. b-2. what is the ratio of real assets to total assets? c-1. prepare the balance sheet after lanni accepts the payment of shares from microsoft.

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.

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false