If the reserve requirement of a bank is 33%, then $100 of MO will lead to $300 of M1. Thus, option (a) is correct.
What is bank?
The term bank refers to the financial institution offering the services related to the term money. The bank is manage financial system to handling accounts and manage the cash.
The bank is 33%
Money Multiplier= 
Money Multiplier= 1/33%
Money Multiplier = 3.03
Money Multiplier = 3 (Approximately)
M1= Money Multiplier×M0
M1= 3×100
M1 = $300
$100 of M0 will lead to $300 of M1.
As a result, the MO of the bank can lead to the $300. Therefore, option (a) is correct.
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Your question is incomplete, but most probably the full question was
O $300
O $33
O $1000
O $330
Answer:
Using LIFO:
TOTAL Sales : $19,875,500
COGS = $11,021,250
GROSS PROFIT = $8,853,750
Explanation:
KINDLY CHECK ATTACHED PICTURE
Answer:
A) sample size = 23.475 ≈ 23
B) How to tell someone to do the test is by taking a sampling process of a lot of the products because this will help to figure out defective units in the line of production and also ensure that the quality of the products are up to the same quality required
Explanation:
Data given
AQL = 20%, = 0.2
LTPD = 52% = 0.52
Assuming consumer risk acceptable by company = 10%
producer risk = 5%
A) First we calculate the ratio
= LTPD / AQL = 0.52 / 0.2 = 2.6
from the table of LTPD/AQL 2.6 is closest to 2.768
to calculate the sample size we apply the formula from the exhibit table
n ( AQL ) = 4.695
Therefore n ( sample size ) = 4.695 / 0.2 = 23.475
B) How to tell someone to do the test is by taking a sampling process of a lot of the products because this will help to figure out defective units in the line of production and also ensure that the quality of the products are up to the same quality required
Answer:
$30.39 per machine hour
Explanation:
Giannitti corporation has an estimated machine hours of 36,000
The estimated variable manufacturing overhead is $3.01 per machine hour
The estimated total fixed manufacturing overhead is $1,058,040
The first step is to calculate the the predetermined overhead rate
= 36,000 + 3.01 + 1,058,040
= $1,094,043.01
Therefore the predetermined overhead rate can be calculated as follows
= 1,094,043.01/36,000
= $30.39 per machine hour
Hence the predetermined overhead rate for the recently completed year is closest to $30.39 per machine hour
