The break-even point in dollars for Franklin Company is $300,000. This means that the company needs to generate at least $300,000 in sales to cover all its costs and break even.
The break-even point is the level of sales at which a company neither makes a profit nor incurs a loss. It is the point at which the company's total revenue equals its total costs.
The break-even point can be calculated using the following formula:
Break-even point (in dollars) = Total fixed costs / Contribution margin ratio
The contribution margin is the difference between the selling price and the variable cost per unit. In this case, the contribution margin per unit can be calculated as:
Contribution margin per unit = Selling price per unit - Variable cost per unit
Contribution margin per unit = $100 - $60
Contribution margin per unit = $40
The contribution margin ratio can be calculated as the contribution margin per unit divided by the selling price per unit:
Contribution margin ratio = Contribution margin per unit / Selling price per unit
Contribution margin ratio = $40 / $100
Contribution margin ratio = 0.4 or 40%
Using the formula above, we can now calculate the break-even point in dollars:
Break-even point (in dollars) = Total fixed costs / Contribution margin ratio
Break-even point (in dollars) = $120,000 / 0.4
Break-even point (in dollars) = $300,000
Therefore, the break-even point in dollars for Franklin Company is $300,000. This means that the company needs to generate at least $300,000 in sales to cover all its costs and break even.
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The break-even point in dollars for Franklin Company is $300,000. This means that the company needs to generate at least $300,000 in sales to cover all its costs and break even.
The break-even point is the level of sales at which a company neither makes a profit nor incurs a loss. It is the point at which the company's total revenue equals its total costs.
The break-even point can be calculated using the following formula:
Break-even point (in dollars) = Total fixed costs / Contribution margin ratio
The contribution margin is the difference between the selling price and the variable cost per unit. In this case, the contribution margin per unit can be calculated as:
Contribution margin per unit = Selling price per unit - Variable cost per unit
Contribution margin per unit = $100 - $60
Contribution margin per unit = $40
The contribution margin ratio can be calculated as the contribution margin per unit divided by the selling price per unit:
Contribution margin ratio = Contribution margin per unit / Selling price per unit
Contribution margin ratio = $40 / $100
Contribution margin ratio = 0.4 or 40%
Using the formula above, we can now calculate the break-even point in dollars:
Break-even point (in dollars) = Total fixed costs / Contribution margin ratio
Break-even point (in dollars) = $120,000 / 0.4
Break-even point (in dollars) = $300,000
Therefore, the break-even point in dollars for Franklin Company is $300,000. This means that the company needs to generate at least $300,000 in sales to cover all its costs and break even.
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What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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Lola-Rose converted her personal residence to rental property in 2021. She purchased the property in 2011 for $300,000 (including acquisition expenses), of which $75,000 was allocable to the land. She made no improvements. On the date of conversion, an appraisal valued the property at $233,000; $58,250 was allocated to the land. Lola-Rose's basis for depreciation is __________.
O $174,750
O $225,000
O $233,000
O $300,000
Lola-Rose's basis for depreciation is $174,750. The correct option is a.
To calculate the basis for depreciation, we need to start with the original cost of the property, which is $300,000. From this, we need to subtract the value of the land, which is $75,000. This gives us a cost basis for the building of $225,000. However, when Lola-Rose converted the property to rental use, she had to adjust the basis to reflect the fair market value of the property at that time. The appraisal valued the property at $233,000, so this becomes the new adjusted basis for the property. To calculate the basis for depreciation, we need to use the lower of the original cost basis or the adjusted basis. In this case, the adjusted basis of $233,000 is lower than the original cost basis of $225,000, so we use the adjusted basis. From this adjusted basis, we need to subtract the value of the land, which is $58,250. This gives us a basis for depreciation of $174,750.Learn more about depreciation: https://brainly.com/question/27971176
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Before sending a résumé, you should always checked with the employer to see what operating system they use. please select the best answer from the choices provided t f
Answer:
This is true.
Explanation:
Edg. 2022
Answer:
t
Explanation:
trust
The top five cities where venture capitalists are investing their money represent 10% of the global total.
True
False
The statement that investments made by venture capitalists represent 10% of the global total is a true statement.
What is a venture capital investor?A venture capitalist (VC) is an investor that gives younger organizations with capital an alternative for equity. New organizations regularly flip to VCs for the investment to scale and commercialize their products.
Venture capital is a shape of personal equity financing this is supplied via way of means of venture capital companies or finances to startups, early-stage, and rising agencies that have been deemed to have excessive growth ability or that have proven high boom.
Hence, The statement that investments made by venture capitalists represent 10% of the global total is a true statement.
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Which of the following is a factor in determining what laws and regulations
affect a particular business?
A. Date business was founded
B. Design of business logo
C. Business size
D. Business name
Answer:
C. Business size
Explanation:
What is one way that technology can improve the production of goods? Websites can allow consumers to purchase goods online. Container ships can transport a number of goods at once. Automation can create goods more cheaply and easily. Airlines can send goods from one place to another. WILL MARK BRAINLIEST
One way that technology can improve the production of goods is : ( C ) Automation can create goods more cheaply and easily
What is AutomationAutomation is the creation and application of technologies to the process of production and distribution of goods and services with minimal or no human intervention. Automation makes the creation of goods easier and with less cost.
Hence we can conclude that One way that technology can improve the production of goods is Automation can create goods more cheaply and easily.
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Please help!
a) Beatrice lives in a small town of 5,000 people. There are 1,500 people under the age of 16,
500 people who are retired, 2,750 people who have jobs, and 250 people who are actively
looking for work. What is the unemployment rate of Beatrice's town?
Answer:
8.33%
Explanation:
250 unemployed people looking for work / 3000-member labor force = 0.0833
3000 = 5000 (the population) minus 2000 (those who aren't part of the labor force; aka the kids and retirees)
compliance to iasb standards is: group of answer choices enforced through the united nations. enforced through the world trade organization. mandatory for countries that want to engage in international trade. voluntary.
Compliance to IASB standards is mandatory for countries that want to engage in international trade. The International Accounting Standards Board (IASB) is the organization responsible for developing and publishing International Financial Reporting Standards (IFRS).
IFRS are a set of accounting standards that provide guidance on how financial transactions should be reported in financial statements. These standards are used by companies around the world to ensure that their financial statements are accurate and reliable. Compliance to IASB standards is necessary for countries that want to participate in international trade. The use of common accounting standards helps to ensure that financial statements are comparable across borders, which makes it easier for companies to do business with each other.
IASB standards are not enforced through the United Nations or the World Trade Organization. Instead, they are voluntarily adopted by individual countries as part of their regulatory frameworks. However, many countries have made it mandatory for companies to comply with IASB standards in order to participate in international trade.
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the production manager for the classic boat corporation must determine how many unitsof the classic 21 model to produce over the next four quarters. the company has a beginninginventory of 100 classic 21 boats, and demand for the four quarters is 2000 units inquarter 1, 4000 units in quarter 2, 3000 units in quarter 3, and 1500 units in quarter 4. thefirm has limited production capacity in each quarter. that is, up to 4000 units can be producedin quarter 1, 3000 units in quarter 2, 2000 units in quarter 3, and 4000 units in quarter4. each boat held in inventory in quarters 1 and 2 incurs an inventory holding cost of$250 per unit; the holding cost for quarters 3 and 4 is $300per unit. the production costsfor the first quarter are $10,000 per unit; these costs are expected to increase by 10% eachquarter because of increases in labor and material costs. management specified that theending inventory for quarter 4 must be at least 500 boats.
The company has a beginning inventory of 100 Classic 21 boats, and demand for the four quarters is 2000 units in quarter 1, 4000 units in quarter 2, 3000 units
What is demand?Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the number of things that consumers are prepared and willing to purchase at various prices within a specific time frame.
The average inventory level has been taken as (Beginning Inventory + Production + Ending Inventory) / 2. However, in some texts, one may find formulae like (Beginning Inventory + Ending Inventory) / 2. But the first formula becomes the production manager for the classic boat corporation must determine how many units of the classic 21 model to produce over the next four quarters
Therefore, The company has a beginning inventory of 100 Classic 21 boats, and the demand
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can someone help with this
1. The AD/AS model depicts the relationship between aggregate demand (AD) and aggregate supply (AS) in an economy.
2. In order to rein in the economy, the central bank can conduct an open market operation, which involves buying government securities (e.g., bonds) from commercial banks or selling them to the banks
3. The supply of money in the economy decreases, leading to an increase in the nominal interest rate.
How to explain the informationIn the long run, the economy's output reaches its potential level, labeled as Yf. In the short run, the equilibrium output level is labeled as Y, and the price level is labeled as PL.
In this case, let's assume the central bank wants to reduce aggregate demand to control inflationary pressures. To do so, the central bank will sell government securities to the banks.
The open market operation described in the previous step, where the central bank sells government securities, will reduce the money supply.
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Provide any two measures to reduce the undesirable effects of
absorption costing.
Absorption costing is a method of accounting for costs where all direct and indirect costs are charged to the products. This type of costing is highly affected by changes in production volume, which could lead to undesirable effects. Here are two measures to reduce the undesirable effects of absorption costing:
1. Activity-based costing is an alternative costing method that allocates costs based on activities instead of production volume. It identifies the cost drivers for each activity and uses them to allocate costs to products. By using this method, the cost of each activity is accurately measured and charged to products, leading to a better understanding of the cost structure.
2. Increase inventory turnover rate increasing the inventory turnover rate will reduce the impact of fixed overhead costs on products. Fixed overhead costs are allocated to products based on production volume, so if the inventory turnover rate is increased, the fixed overhead costs will be spread over a larger number of products. This will lead to a lower cost per unit and a more accurate representation of the true cost of production.
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Aight quick q theres a grom contest(surf contest) here on kauai ,Hawaii in 4 days from now and saturday and I just finally mastered airs and floaters so do yall think I should enter the prize is a Pyzel board and 1,000 dollars but the thing is any age can enter from 10-55 and theres some good people lol...?
Answer:
100% go for it. There was so many contests that I entered and didnt place, but the experience was totally worth it. Even if you dont win, you still get a pretty fun experience, and now you can show off what you've been practicing. Do it. Its so rewarding.
A building inspector favors concrete methods for solving problems over theoretical approaches and abstractions. What is likely to be this person’s predominant personality type?
artistic
enterprising
conventional
realistic
Answer:
The answer is realistic
Explanation:
I checked after getting it wrong
features of small office
Answer:
just made it yourself
Explanation:
hehehe
how do we ensure that the losing party in a futures contract traded on a futures market will pay what he or she owes? group of answer choices all parties in a futures contract are required to purchase futures surety bonds. daily marking to market enhanced collateral the hedge ratio, which adjusts for the probability of default, is based on each party's creditworthiness.
To ensure that the losing party in a futures contract traded on a futures market will pay what he or she owes, there are several measures in place. First, all parties in a futures contract are required to purchase futures surety bonds. This is a form of insurance that guarantees the fulfillment of the contract terms, including the payment of any losses incurred.
Second, there is daily marking to market, which means that the gains and losses of each party are calculated at the end of each trading day. Any losses are immediately payable by the losing party, ensuring that there is no delay in payment.
Third, enhanced collateral is often required to be posted by the losing party, which acts as a further guarantee that the obligations of the contract will be fulfilled.
Finally, the hedge ratio, which adjusts for the probability of default, is based on each party's creditworthiness. This means that parties with a higher risk of default will have a higher hedge ratio, ensuring that they have sufficient collateral to cover their potential losses.
Overall, these measures work together to ensure that the losing party in a futures contract will pay what he or she owes, minimizing the risk of default and ensuring the integrity of the futures market.
To ensure that the losing party in a futures contract traded on a futures market will pay what they owe, the process of daily marking to market is implemented. This practice involves settling any gains or losses on a daily basis, which helps manage the credit risk associated with futures contracts. By adjusting the value of the contract each day, the losing party's obligation to pay is continuously updated and limited to the day's loss, reducing the likelihood of default.
Additionally, enhanced collateral requirements may be put in place to further secure the obligations of both parties in the contract. This involves providing a margin deposit that acts as a guarantee for fulfilling the contract terms. The margin requirements are determined by the exchange or clearinghouse and may vary depending on each party's creditworthiness.
While the hedge ratio is a concept used in risk management to determine the appropriate number of futures contracts to hold relative to the underlying asset, it does not directly ensure that the losing party pays their obligation in a futures contract. It is the daily marking to market and enhanced collateral requirements that play a crucial role in ensuring the losing party fulfills their financial obligations in a futures contract.
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What is the key finding of Hofstede's research?
a. The sclected profession explains the majority of differences in work-related attitudes between cotatries.
b. Age explains the majonity of differences in generational attitudes.
c. National cylture explains the majority of differences in work-related attitudes between countrics.
d. Gendes expliains the majority of differences in work-related attitudes between countries.
The key finding of Hofstede's research is that national culture explains the majority of differences in work-related attitudes between countries.
The correct answer is option c. National culture explains the majority of differences in work-related attitudes between countries, according to Hofstede's research. Hofstede conducted a comprehensive study on cultural dimensions and found that cultural values and beliefs vary across nations, influencing individuals' attitudes and behaviors in the workplace.
These cultural dimensions include power distance, individualism vs. collectivism, uncertainty avoidance, and masculinity vs. femininity. These dimensions help explain the differences in work-related attitudes, such as communication styles, decision-making processes, and views on authority and hierarchy. This finding highlights the significant impact of national culture on work-related attitudes and behaviors in different countries.
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What types of loans are available to consumers?
Explanation:
Credit Cards: That used fund daily transactions by customers.
Car Loans: That used fund the purchasing of a car by customers.
Private loans: Used mostly by borrowers for school funding.
Personal Loans: Being used personal usage by customers.
Do you know a leader like dave packard and bill hewlett?
Describe their policies and practices?
Yes, Dave Packard and Bill Hewlett were the co-founders of Hewlett-Packard (HP), a renowned technology company. They were known for their exceptional leadership and innovative policies.
Their key policies and practices included:
1. The "HP Way": Packard and Hewlett established a unique corporate culture known as the "HP Way." It emphasized trust and respect for individuals, encouraging open communication and collaboration. The HP Way fostered a supportive work environment and empowered employees to take initiative and contribute to the company's success.
2. Employee Empowerment: Packard and Hewlett believed in giving employees significant autonomy and responsibility. They implemented an "open-door" policy, where employees had direct access to top management, fostering a culture of inclusiveness and transparency. They encouraged employees to be creative, take risks, and pursue innovative ideas.
3. Customer Focus: The founders placed great emphasis on understanding and meeting customer needs. They believed in building long-term relationships with customers by delivering high-quality products and exceptional customer service. This customer-centric approach helped establish HP's reputation for reliability and customer satisfaction.
4. Innovation and R&D: Packard and Hewlett prioritized innovation and invested heavily in research and development. They encouraged engineers and scientists to pursue groundbreaking technologies and explore new markets. This focus on innovation led to the development of numerous groundbreaking products, solidifying HP's position as a technology leader.
5. Corporate Social Responsibility: Packard and Hewlett were advocates of corporate social responsibility before it became mainstream. They believed in giving back to society and supporting their local communities. HP was one of the first companies to establish a formal philanthropic program, actively engaging in charitable initiatives and environmental sustainability.
Overall, Packard and Hewlett's leadership was characterized by a strong emphasis on employee empowerment, customer focus, innovation, and social responsibility. Their policies and practices laid the foundation for HP's success and contributed to shaping the culture of the company.
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Which method of production is most suitable to producing movies (films)?
a.Mass production
b.Batch production
C.Job production
D.Cellular production
Answer:
a.Mass production
Explanation:
Mass production also known as flow or continuous production is used when identical and standardized items are to be produced. This method usually make use of assembly lines thereby making large number of identical products.
Mass production is suitable when the volume of the item to be produced is large making many copies of an item quickly. This method is based on division of labor and use of modern methods.
As a student, you are able to earn extra money by assisting your neighbors with odd jobs. If you charged $10.25 an hour for your assistance, about how many hours would you need to work to earn $8,425? Show your work.
Answer:
822 hours
Explanation:
The charge per hour is $10.25.
To earn a total of $8,425, one need to work ? hours.
1 hr =$10.25
? hrs = $8,425
?hrs = $8,425 / $10.25
=821.951
=822 hours
If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
Harold borrowed P 1800 from his uncle last December 25,2019 . He promised that he will pay his uncle on February 14, 2020 at 8% interest. Find the exact simple interest to be paid by Harold. a. 19.72 b. 20.4 c. 20.12 d. 20
Harold borrowed P1800 from his uncle on December 25, 2019, and promised to repay it on February 14, 2020, with an 8% interest rate. The question asks for the exact simple interest that Harold needs to pay 20.12 (option c).
To calculate the simple interest, we need to use the formula: Interest = Principal * Rate * Time.
In this case, the principal is P1800, the rate is 8% (or 0.08 as a decimal), and the time is the number of days between December 25, 2019, and February 14, 2020.
Calculating the number of days between the two dates, we have:
February 14, 2020 - December 25, 2019 = 51 days.
Now we can calculate the interest:
Interest = P1800 * 0.08 * (51/365) = P20.10958904109589.
Rounding to the nearest cent, the exact simple interest to be paid by Harold is P20.12 (option c).
It's important to note that the interest calculation assumes simple interest, meaning that the interest is only based on the principal amount and does not compound over time.
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What are the command object methods Mcq answer?
Command objects in a database management system are used to execute commands on a database. They are used to connect to a Datareader or dataset and perform various operations on the data stored in the database.
The ExecuteNonQuery method is used to execute a command and returns the number of rows affected by the query. This method can be used to perform operations such as inserting or updating data in the database.
The ExecuteReader method returns a reader object that is connected to the resulting rowset within the database. This method is used to retrieve data from the database and can be used in conjunction with a DataReader to read through the rows of the resulting rowset.
The ExecuteScalar method is used to execute a command and returns a single value which is the first column of the first row of the resulting rowset. The rows of the rest of the result are discarded. This method is useful in cases where a singleton value is required, for example when querying for a specific item.
In conclusion, command objects are an essential part of interacting with a database, they are used to execute commands on a database and retrieve or manipulate data stored in it, these methods are ExecuteNonQuery, ExecuteReader, ExecuteScalar.
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For example, if the GDP falls, A) receipts will B). That’s because both household C) and corporate D) will go E). This would likely lead to a budgetary F). Or, conversely, if the economy were to speed up causing the GDP to G), federal revenues from both income and corporate H) would I). This would likely lead to a budgetary J).
For example, if the GDP falls, A) receipts will decrease. That's because both household C) consumption and corporate D) profits will go down. This would likely lead to a budgetary F) deficit. Or, conversely, if the economy were to speed up causing the GDP to G) increase, federal revenues from both income and corporate H) taxes would I) rise. This would likely lead to a budgetary J)surplus.
When the GDP falls, it indicates a decline in economic activity, which affects various components of the economy. Households tend to spend less, leading to a decrease in consumption, and businesses may experience lower profits. As a result, tax revenues generated from these sources decrease, leading to a budget deficit as government receipts decline.
Conversely, when the economy accelerates and the GDP increases, household and corporate incomes rise, leading to higher tax revenues from income and corporate taxes. This can contribute to a budget surplus as government receipts exceed expenditures.
It's important to note that the relationship between GDP, tax revenues, and budgetary outcomes can be influenced by various factors and economic conditions. The examples provided illustrate a general trend but may not capture all the complexities of real-world scenarios.
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mention three effects of fraud on the fraudster
Answer:
1. A typical organization loses approximately 5 percent of its annual revenue to fraudulent acts
2..Fraud always involves deception, confidence, and trickery.
3..Fraud lowers organizations' net income dollar for dollar. To recover these costs, consumers and individuals pay more for goods and services
Explanation:
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Regina, Brock, and Sean are website designers who have been tasked to create a new website together.
This is an example of:
alliance
collaboration
punctuality
relationship
Answer:
B: Collaboration
Explanation:
I took the test
Answer:
B: Collaboration
Explanation:
I took the test
consumers who engage in one-time shopping may exhibit a number of different behaviors at the same time. select all of the behaviors they may exhibit.
To answer your question, consumers who engage in one-time shopping may exhibit several different behaviors at the same time.
Some of these behaviors may include being less likely to compare prices, being more impulsive with their purchasing decisions, and being less brand loyal. One-time shoppers may also be more likely to make purchases based on sales or promotions, rather than brand loyalty or quality of the product. Additionally, one-time shoppers may be less likely to leave reviews or give feedback on their purchases, as they may not be invested in the brand or product in the long term. Ultimately, the behaviors exhibited by one-time shoppers may vary depending on the individual and their specific shopping habits, but it is important for businesses to understand these behaviors in order to effectively market and target these consumers.
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A sporting-goods store reviews its sales records to determine if it should continue carrying snowboards. How is the store using the marketing information?
The sporting-goods store is using marketing information by reviewing its sales records to assess the viability of continuing to carry snowboards in its inventory.
By analyzing its sales records, the sporting-goods store is leveraging marketing information to make an informed decision regarding the future of snowboards in its product offerings. The store is using the data obtained from the sales records to evaluate the performance and profitability of snowboard sales.
This information helps the store determine whether it is beneficial to continue carrying snowboards or if adjustments need to be made. The analysis of sales records provides valuable insights into consumer demand and purchasing patterns.
By examining factors such as sales volume, revenue generated, customer demographics, and seasonal trends, the store can assess the popularity and profitability of snowboards as a product category. This analysis allows the store to make data-driven decisions, such as adjusting inventory levels, exploring alternative product options, or focusing marketing efforts on other products with higher demand.
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It is said that there are a number of steps in designing an effective service system which include a) Establishing procedures to be followed in case of service failure b) Identifying failure-prone areas can be enabled by a service blueprint technique c) Obtaining feedback from the customers and continuous review of service delivery d) Defining and incorporating service standards and explicitly communicating them to the customers e) Empowerment enabled through training and other HR practices List them in the right order.
Answer is in a file below
cutt.us/tWGpn
Using the information below compute the M1 money supply. Category Amount Currency and coin held by the public $600600 Checking account balances $1 comma 2001,200 Traveler's checks $10 Savings account balances $2 comma 8002,800 Small denomination time deposits $5,000 Money market deposit accounts in banks $1,000 Noninstitutional money market fund shares $2,000 The M1 money supply is equal to: $nothing
Answer:
Explanation:
Given the following :
CATEGORY - - - - - - - - - - - - - - - - - - - - AMOUNT
Currency and coin held by the public - - $600
Checking account balances - - - - - - - - - $1,200 Traveler's checks - - - - - - - - - - - - - - - - - $10 Savings account balances - - - - - - - - - - $2,800 Small denomination time deposits - - - - $5,000 Money market deposit accounts in banks $1,000 Noninstitutional money market fund shares $2,000
The M1 money supply is composed of Traveler's cheque, Checkable deposits, currency and coins.
The M1 money supply is the sum of :
Currency and Coin Held by Public + Checking Account Balances + Traveler's Checks
$(600 + 1,200 + 10) = $1,810