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Montano1993 [528]
1 year ago
14

Fractional reserve banking is useful for banks because it:

Business
1 answer:
Veseljchak [2.6K]1 year ago
8 0
I think the Answer is A
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During 2014 and 2015, Danny pays property taxes of $3,500 each year on a piece of land. During 2014, the land is vacant and unpr
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Answer: the answer is C deduct $3500 each year.

Explanation: Whether the land is vacant and unproductive or it is used to generate income. The property tax for the land will be paid yearly

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3 years ago
I will be your bsf (10pts)
gayaneshka [121]

Answer:

I think it's c. leader or d. manager but I really it's the d. manager

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3 years ago
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The attractiveness test for evaluating whether diversification into a particular industry is likely to build shareholder value i
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Answer:

<u>A) conditions in the target industry allow for profits and return on investment that is equal to or better than that of the company's present business(es).</u>

<u>Explanation</u>:

Remember, the key word here is about whether diversification into a particular industry would likely increase shareholders value.

Thus, any company wanting to test this out would consider whether conditions in the target industry allow for profits and return on investment that is equal to or better than that of the company's present business(es).

This option is better because improved profits implies better shareholder value.

4 0
3 years ago
Job HE-65 at Wilson Manufacturing Inc. required $300 of direct materials and 15 direct labor hours at $10 per hour. The company’
Oxana [17]

Answer:

Job HE-65  total cost 900 dollars

Explanation:

predeterminated overhead rate:

expected cost / expected driver

900,000 / 30,000 = $30

Each labor hour generates $30 dollars of overhead according to our expectation

Now we solve for the cost of job HE-65

materials 300

labor 15 hours x $10 = 150

and overhead 15 hours x $30 each = 450

total cost 300 + 150 + 450 0 900

3 0
3 years ago
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The city of Johnstown decides to build a new stadium to attract a basketball team from the city of Rosendale. One economic advis
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A 20-year sales tax of 1% will be more efficient.

Explanation:

The reason is that the major component of goods that are usually affected by general sales are elastic goods, and therefore a 10% sales tax for 2 years will increase price of the goods and then have a negative effect on the quantity demanded.

A 10% sales tax will also negatively affect the stadium financing within the expected 2 years as it will result in a dead weight loss in the economy.

Since the interest rate is zero, this indicates that the economy will not incur any loss by paying back the debt over longer time of 20 years. Therefore, a 20-year sales tax of 1% will be more efficient.

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