Answer:
The correct answer is letter "A": in both statements I and II.
Explanation:
(I) According to the demand law, <em>if the price of tea increases the quantity demanded of tea will decrease</em>. If the price of tea decreases, the quantity demanded of tea will increase. Quantity demanded and the price has an inversely proportional relationship in the demand law.
(II) When talking about complementary goods like tea and sugar, <em>if the price of tea increases will result in a negative movement along the demand curve of tea and will cause the demand curve of sugar to move inwards. In such a scenario, the demand for each good will be reduced.</em>
Answer:
Please check the info below
Explanation:
1. For Osaka
Margin = Net Operating Income / Sales *100
= $ 792000 / $9900000 *100
= 8.00%
Turnover = Sales / Average Operating Assets * 100
= $ 9900000 / $ 2475000 * 100
= 4.00%
ROI = Margin * Turnover
= 8% *4 %
= 32.00%
Hence the correct answer is 32.00%
For Yokohama :
Margin = Net Operating Income / Sales *100
= $ 2900000 / $ 29000000*100
= 10.00%
Turnover = Sales / Average Operating Assets * 100
= $ 29000000 / $ 14500000* 100
= 2.00%
ROI = Margin * Turnover
= 10% *2 %
= 20.00%
Hence the correct answer is 20.00%
2. The correct answer is
Osaka = $ 371,250
Yokohama = $ 435,000
3. The correct answer is No
This is because since Osaka has a higher ROI, Yokohama’s greater amount of residual income is not an indication that it is better managed
Answer:
The correct answer is letter "A": True.
Explanation:
Central banks are the financial institutions in charge of the monetary policy of their country on behalf of the central government. They regulate the money supply and the interest rates to maintain a country's economy the closest to its equilibrium level. In the United States, the central bank is the Federal Reserve (<em>Fed</em>). Central banks also collect and replace the currency in circulation.
Answer:
(a) 3.7
(b) 3.7
Explanation:
The unemployment rate is calculated as the ration of unemployed workers over the labor force. The labor force is the total number of employed plus unemployed workers:
Then if there were 155 million people in the labor force and 7.4% where unemployed that means that 11.47 million people where unemployed
If unemployment rate would have been 5% we have
That means that 3.72 million fewer unemployed workers. Since Labor Force is the sum of unemployed and employed workers. The reduction in unemployment implies that they were now employed .
Answer:
Interest expense 18,284.17 debit
Premium on BP 1,965.83 debit
Cash 20,250 credit
Explanation:
procceds 461,795
face value 450,000
premium on bonds payable 11,795
As the cash received exceed the face value then, the bonds were isued at premium.
This will be amortized over the bonds life
3-year bonds with semiannual payment: 6 payment in total
amortization per payment:
11,795 / 6 = 1.965,83
The will post:
the cash disbursement in favor of the bondholder:
450,000 x 9%/2 = 20,250
amortization (1,965.83)
interest expense: 18.284,17
