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3 years ago

President's salaries, depreciation of office furniture, and office supplies are

1 answer:

6 0

<span>These are administrative expenses. These expenses are not directly tied to sales or production, but they are still cash outlays nonetheless and need to be accounted for. They are related to the entire company, in comparison to expenses that can be pinned to specific parts of the business.</span>

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What is JROTC?

scZoUnD [109]

A military officer training program

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3 years ago

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The morgan company, a small furniture manufacturer, divides its organization into marketing, human resources, accounting, and pr

Leona [35]

<span>The morgan company, a small furniture manufacturer, divides its organization into marketing, human resources, accounting, and production departments. this is an example of departmentalization by function

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4 years ago

You borrow $12,600 to buy a car. The terms of the loan call for monthly payments for five years at an interest rate of 4.65 perc

UkoKoshka [18]

Answer:

$627

Explanation:

To find the answer, we use the present value of an annuity formula:

$P = A[1-(1+i)^{-n} /i]$

Where:

P = Present value of the investment
A = Value of the annuiry
i = interest rate
n = number of compounding periods

Now, we plug the amounts into the formula:

$12,600 = A[1-(1+0.0465)^{-60} /0.0465\\]$

12,600 = A (20.09870355)

A = 12,600/20.09870355

A = 627

Thus, the value of the monthly payments is $627

4 0

3 years ago

If the required reserve ratio is 15 percent, currency in circulation is $400 billion, checkable deposits are $1000 billion, and

MrRa [10]

If the required reserve ratio is 15 percent, currency in circulation is $400 billion, checkable deposits are $1000 billion, and excess reserves total $1 billion, then the M1 money multiplier is (A) 2.54.

<h3>What is Money Supply?</h3>

The interest rates depend on the money supply and money demand. Generally, the interest rate directly relates to money demand and has an inverse relationship with the money supply. M1 money supply includes currency in circulation and checkable deposits with bank.

Formula :

m 1 = 1 + ( C / D ) / [ r r + ( E R / D ) + ( C / D ) ]

Where:

C/D = currency ratio

ER/D = excess reserves ratio

So if :

Required reserve ratio (rr) = .15

Currency in circulation = $400 billion

Deposits = $1000 billion

Excess reserves = $1 billion

m 1 = 1 + ( 400 / 1000 ) / ( .15 + ( 1 / 1000 ) + ( 400 / 1000 ) )

m 1 = 1.4 / ( .15 + .001+ .4 )

m 1 = 1.4 / .551

m 1 = 2.54

Therefore , we can conclude that the correct option is A.

Your question is incomplete, but most probably your full question was:

If the required reserve ratio is 15 percent, currency in circulation is $400 billion, checkable deposits are $1000 billion, and excess reserves total $1 billion, then the M1 money multiplier is

A) 2.54.

B) 2.67.

C) 2.35.

D) 0.551.

Learn more about Money Supply on:

brainly.com/question/25803402

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2 years ago

Marcie works as a salesperson for a major cosmetics manufacturer. She typically begins by approaching potential customers with v

Sphinxa [80]

Answer:

door in the face sales technique

Explanation:

The door in the face (DITF) sales technique is used when the salesperson purposely makes a large request knowing that it will be rejected, and then following the sales approach by offering a much smaller request that is more reasonable and easily accepted.

For example, you want your parents to buy you a new motorcycle. Instead of asking your parents for a new motorcycle, you ask them to buy you a car. You know that they will probably reject the idea of giving you a car, but after they reject your initial proposal, you ask them to at least buy you a motorcycle. That will seem to be a much more reasonable request.

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3 years ago