Answer:
She invested $2,167
Explanation:
As interest rate is not compounded, the 9-month interest of a 8% annual interest is simply:
8% * 9 / 12 = 6%
Let A be the amount of money she invest. After 9 month she will receive:
A * 0.06 dollars.
And the actual amount is $130. So she invested
A = $130 / 0.06 = $2,167
Answer and Explanation:
The preparation of the factory overhead budget for August month is shown below:
Total budgeted direct labor $286,000
(5,500 × 4 hours × $13)
variable factory overhead 70%
Budgeted overhead $200,200 ($286,000 × 70%)
Add: Fixed overhead $179,000
Budgeted total factory overhead $379,200
Hence, the budgeted total factory overhead is $379,200
Answer:
a decrease in the demand for money
Explanation:
As the money is now more expensive because, holding cash in hand means not capitalize with the interest, the agents (families and business) will try to not have liquid money but, invest to achieve the better yields.
Answer:
What
How
Who
Explanation:
Because ALL economic resources are scarce, every society must answer three questions:
1. What goods and services should be produced?
2. How should these goods and services be produced?
3. Who consumes these goods and services?
Answer:
The correct answer is letter "B": Convenience goods.
Explanation:
Intensive distribution is the act by which companies offer their products to as many stores as possible with the purpose of having the good available almost everywhere consumers go. This type of marketing strategy fits best with convenience goods such as grocery items, fuel or newspapers.