Which of the following is true regarding the reserve ratio and the money multiplier select one:

a. the money multiplier equals reserve ratio x 100
b. the bigger the reserve ratio the bigger the money multiplier
c. the money multiplier only exists when the reserve ratio is zero
d. the smaller the reserve ratio the bigger the money multiplier

Adisadvantage of corporations is that shareholders have to pay on profits.

Gamegirl inc., has the following transactions during august. august 6 sold 76 handheld game devices for $230 each to ds unlimited on account, terms 2/10, net 60. the cost of the 76 game devices sold, was $210 each. august 10 ds unlimited returned six game devices purchased on 6th august since they were defective. august 14 received full amount due from ds unlimited. required: prepare the transactions for gamegirl, inc., assuming the company uses a perpetual inventory syste

Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.