Answer: Option C
Explanation: In simple words, inside directors refers to the individuals who holds significant position or stake in the company along with the position in the broad of directors committee.
These individuals are appointed by the shareholders and are obligated to represent truther point of view and act in their best interest. They are of high power in the company as they have significant potion in the management as well along wight the privileges of the board of director.
Hence the correct option is C.
Answer:
C) $10,000, $1,000, and $9,000, respectively.
- actual reserves increase by $10,000
- required reserves increase by $1,000
- excess reserves increase by $9,000
Explanation:
the money deposited by the client = $10,000
bank's reserve ratio is 10% = $10,000 x 10% = $1,000
since the bank kept the whole $10,000 as reserves, then:
- actual reserves increase by $10,000
- required reserves increase by $1,000
- excess reserves increase by $9,000
The bank is only required to keep $1,000 in reserves, this means it can borrow the remaining $9,000 whenever they want.
Answer: Lindsey's total investment in education is $18,000.
Since Lindsey's college will cost a total of $6000 per year for the next three years, her total investment in education will be 
.
The $26000 per year that's given in the question is the value of Lindsey's earnings if she chose to work at the local mall. This is the gain Lindsey foregoes in each of the three years in order to learn, and represents her opportunity cost or alternate costs.
Answer:
The primary purpose of the NYSE is to match buyers with sellers.
Explanation:
The New York Stock Exchange (NYSE) is a collection of domestic and foreign securities, including stocks, bonds and other investments traded in a public market for investors to buy and sell
Answer:
The allowable medical deduction after Adjusting Total Income is $0
Explanation:
Particulars Amount
Drugs and Medicines prescribed by doctors $300
Add:- Health insurance premium $750
Add:- Doctors Fees $2,250
Add:- Eyeglasses $75
Less:- Reimbursement of doctors fees received <u>($900)</u>
$2,475
Less :- Adjusted Gross Total Income of $25,000 <u>$2,500</u>
Allowable medical deduction after adjusting -25
total Income
Therefore, as the resultant amount is negative. The allowable medical deduction after Adjusting Total Income is $0
Workings
Adjusted Gross Total Income of $26,000
= $26000 × 10%
= $2,600
