Beginning finished goods inventory was $130,000. the cost of goods manufactured for the month was $760,000. the ending finished goods inventory was $150,000. what was the cost of goods sold for the month? a. $ 20,000b. $740,000c. $780,000d. $760,000

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.