The balance sheet below reflects Zee Bank after its purchase of $45 million in government securities from the Fed. Assume a required reserve ratio of 10%, that banks hold no excess reserves, and all currency is deposited into the banking system. Assets Liabilites and net worth Reserves $20 million Liabilities: Checking Deposits $200 million Loans $275 million Net Worth $140 Treasuries $45 million How did the purchase of $45 million in government securities from the Fed affect the money supply

Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?