Which of the Following Is Not Included in M1

question 87

Multiple Choice

Which of the following is not included in M1?

• A)a $5 bill in your wallet
• B)$100 in your checking account
• C)$500 in your savings account
• D)All of the above are included in M1.

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Definitions:

Times Interest Earned

A ratio that measures a company's ability to meet its debt obligations based on its earnings before interest and taxes.

Net Income

The amount of money a company ultimately earns once it subtracts expenses and taxes from its gross revenue.

Interest Expense

Interest expense is the cost incurred by an entity for borrowed funds.

Carrying Value

The recorded cost of an asset in a company's books, less any accumulated depreciation or amortization.