Answer:
It is more profitable to upgrade the calculators.
Explanation:
Giving the following information:
The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total cost of $720,000. If these calculators are upgraded at a total cost of $140,000, they can be sold for a total of $200,000. As an alternative, the calculators can be sold in their present condition for $50,000.
We need to determine whether it is more convenient to upgrade the calculators or sell them as they are.
Upgrade:
Effect on income= 200,000 - 720,000 - 140,000= -$660,000
Not upgrade:
Effect on income= 50,000 - 720,000= -$670,000
It is more profitable to upgrade the calculators.
Answer: $25,000
Explanation:
The Money Multiplier allows us to calculate how much money banks can create in an economic given a certain reserve ratio.
The formula is;
Money Multiplier = 1 /reserve ratio
= 1/ 0.4
= 2.5
The reserve ratio is 40% which means the bank should be holding 40% of deposits as reserves.
= 100,000 * 40%
= $40,000
Yet they are holding $50,000. They are holding $10,000 more than required. Should they release that $10,000 then they will create;
= 10,000 * money Multiplier
= 10,000 * 2.5
= $25,000
Answer:
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Answer:
B) This is consistent with predictions from gravity models.
Explanation:
Gravity model suggests that the volume of trade that occurs between countries close to one another exceeds those with other countries that are are away.
Distance between nations is seen to have a negative effect on the volume traded between two nations. So the further a nation the less trade that will be done with it.
In the given scenario where two neighbors of the United States do a lot more trade with the United States than European economies of equal size, it is consistent with the gravity model.
Answer:
the answer is electrical work
Explanation:
um I just looked it up to be honest
