Answer:
16.71%
Explanation:
The computation of the bank reserve ratio is shown below:
= Cash reserves ÷ total deposits × 100
where,
Cash reserve is $10,000
And, the total deposits would be
= Checking deposits + saving deposits
= $20,000 + $40,000
= $60,000
Now put these values to the above formula
So, the ratio would equal to
= $10,000 ÷ $60,000 × 100
Hi there,
The law of diminishing marginal utility states that the marginal utility of a good or service declines as its available supply increase.
Hope this helped :)
Have a great day
Answer:
Part 1
Absorption Costing Net Income = $760,700
Part 2
Income under absorption costing will be: Lower than income using variable costing
Explanation:
The difference in net income under absorption costing and variable costing is because of fixed costs that are in closing inventory.
If we are given net income under one method we can find the net income under the other method by performing a reconciliation as follows :
Reconciliation of Variable Costing Income to Absorption Costing Income
Variable Costing Net Income $767, 200
Add fixed cost in closing stock (4, 700 × $2.50) $11,750
Less fixed costs in opening stock (7, 300 × $2.50) ($18,250)
Absorption Costing Net Income $760,700
Answer:
<em>Rewards they want</em>
Explanation:
<em>Expectancy theory</em><em> is about the selection or failure of mental processes. This describes the choices made by an individual's processes. </em>
Expectancy theory is a theory of motivation first introduced by Victor Vroom of the Yale School of Management in the study of organizational behavior.
This theory highlights the need for companies to directly relate incentives to success and to ensure that the rewards given are the rewards that the recipients expected and desired.
The best form of business that Angela should take on is sole
proprietorship. It is classified as the simplest business because this could be
operated by one individual alone, where in the person who manages the business,
is the owner itself. This is the best form of business that Angela should take
on especially when she is tired of having someone to be of higher to her such
as having a boss, and to have a corporate America in general. This is the best
type of business where in no one will tell her of what she needs to do because
it is a business that she owns and managers her own.
