Answer:
the variable overhead rate variance is $596 favorable
Explanation:
The computation of the variable overhead rate variance is shown below:
= Standard overhead rate × actual direct labor hour - actual overhead
= $7 × 1,490 direct labor hours - $9,834
= $10,430 - $9,834
= $596 favorable
hence, the variable overhead rate variance is $596 favorable
Answer: E.) Amount created by Single Bank $20,000 and Amount Created by Banking System $100,000
Explanation:
The required reserve ratio = 20%
Checkable deposit liabilities = $500,000
Reserve = $120,000
The required reserve refers to a designated percentage of a commercial bank's deposit which is the minimum that must be held by a commercial bank. Regulation is usuay pronounced by the central bank of the nation.
Banking system loan increase :
Reserve ratio × Checkable deposit liabilities
20% × $500,000 = 100,000
Commercial bank maximum
Reserve amount - required reserve amount
$120,000 - (0.2 × 500,000)
$120,000 - $100,000 = $20,000
Answer:
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Attached the information for future references as the wording you use is confusing
Explanation:
we add up the collection with the short term proceeds
Then, in expenses we add up each month and subtract the depreciation,
Last step will be checking for financing if below the minimum we will finance until achieve it.
Answer:
1. 11.90
2. 23.79
Explanation:
How Long Does It Take To Double Your Money?
A=P(1+r/100)^n
where
A=future value($2x say)
P=present value($x say)
r=rate of interest
n=time period.
SOLUTION
A=P(1+r/100)^n
2x=x(1+6/100)^n
Divide both side by x
2=(1+6/100)^n
2=(1.06)^n
Taking log on both sides;
log 2=n*log 1.06
Making n subject of the formular
n=log 2/log 1.06
=11.90 years(Approx).
How Long Does It Take To Quadruple Your Money?
We use the same formula:
A=P(1+r/100)^n
where
A=future value($4x say)
P=present value($x say)
r=rate of interest
n=time period.
SOLUTION
A=P(1+r/100)^n
4x=x(1+6/100)^n
Divide both side by x
4=(1+6/100)^n
4=(1.06)^n
Taking log on both sides;
log 4=n*log 1.06
Making n subject of the formular
Hence n=log 4/log 1.06
=23.79 years(Approx).
<span>These experiences are all characteristic of gesellschaft relationships. Gesellschaft relationships is German and translates to "community and </span>society". Gesellschaft refers to different categories that social dynamics are broken up into and how they are defined. All of these situations explains how Steve needs others to help him with his tasks in life even if they aren't someone he knows well and has a relationship with outside of specific tasks.
