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3 years ago

The main activity of a producer cooperative is

Business

2 answers:

madreJ [45]3 years ago

8 0

Answer:

marketing products for its members.

Explanation:

i took the test! e.e

RideAnS [48]3 years ago

3 0

The main activity of a producer cooperative is B. MARKETING PRODUCTS FOR ITS MEMBERS.

They market products for its members because each income earned is for the benefit of its members. The producer cooperative is formed to give individual members the chance to have access to machinery and discounts that they would not have been able to get if they remained solo. As a group, their accessibility to machinery and discount is greater.

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Margaret puts money into her savings account each month. in this example money is functioning as a

astraxan [27]

Answer: a store of value

4 0

2 years ago

If the marginal propensity to consume is equal to 0.85, then a $500 increase in disposable income leads to a:

AlekseyPX

The question is incomplete. The complete question is stated below.

If the marginal propensity to consume is equal to 0.85, then a $500 increase in disposable income leads to a:

a. $400 increase in consumption spending

b. $75 increase in consumption spending

c. $425 increase in personal saving

d. $75 increase in personal saving

Answer:

If a $500 increase causes an increase of $425 in consumer spending, the rest of $75 is the increase in personal saving. Thus, option D is the correct answer.

Explanation:

The marginal propensity to consume or MPC is the percentage of the additional income that will be used for consumption spending. It is a concept that is used to calculate how much of an increase in income will be used in consumption and saving. The formula to calculate MPC is,

MPC = Change in consumer spending / Change in income

0.85 = Change in consumer spending / 500

500 * 0.85 = Change in consumer spending

Change in consumer spending = $425

If a $500 increase causes an increase of $425 in consumer spending, the rest of $75 is the increase in personal saving.

8 0

3 years ago

Ari, Inc. is working on its cash budget for December. The budgeted beginning cash balance is $23,000. Budgeted cash receipts tot

xenn [34]

Answer:

The business will need to borrow $34,000

Explanation:

We will need to analyse the cash flows the business has in order to determine how much needs to be borrowed to meet the ending cash balance desired.

The opening cash balance is $23,000, cash inflow as receipts is $136,000

So total cash on hand will be 23,000+ 136,000= $159,000

The cash on hand less disbursements will give ending balance

Ending balance = 159,000 - 135,000

Ending balance= $24,000

Desired closing balance is $58,000

Balance to meet desired cash= 58,000 - 24,000

Balance to meet desired cash= $34,000

4 0

3 years ago

Nunavet Ocean Cruises sold an issue of 12-year $1,000 par bonds to build new ships. The bonds pay 4.85% interest, semi-annuall

frez [133]

Answer:

bond market value $660

Explanation:

We need to calculate the present value of the maturity and the cuopon payment using the effective rate of 9.7%

First we do the annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 24.25 (1,000 face value x 4.85 bond rate / 2 )

time 24.00 (12 year 2 payment a year)

rate 0.04850 (current rate divide by 2 to get it annually)

$24.25 \times \frac{1-(1+0.0485)^{-24} }{0.0485} = PV\\$

PV $339.55

Then present value of the maturity

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00 the face value of the bond

time 24.00

rate 0.04850

$\frac{1000}{(1 + 0.0485)^{24} } = PV$

PV 320.89

Finally we add them together:

PV coupon payment $339.5545

PV maturity $320.8910

Total $660.4455

rounding to nearest dollar

bond market value $660

7 0

3 years ago

Which of the following is NOT one of the responsibilities of the Federal Reserve?

defon

The Board of Governors, also known as the Federal Reserve Board, is the national component of the Federal Reserve System. The board consists of the seven governors, appointed by the president and confirmed by the Senate. Governors serve 14-year, staggered terms to ensure stability and continuity over time. The chairman and vice-chairman are appointed to four-year terms and may be reappointed subject to term limitations.

<span>Among the responsibilities of the Board of Governors are to guide monetary policy action, to analyze domestic and international economic and financial conditions, and to lead committees that study current issues, such as consumer banking laws and electronic commerce.hope this helped! :)</span>

8 0

3 years ago