Answer:
decrease; increases
Explanation:
The principles of demand and supply occurs here.
For example, The effects of a change in supply of reserves on demand is evident when supply of reserves increases and in turn the reserves get cheaper. This will make banks want more of reserves because it benefits them.
However, reverse is the case of the interest rates decreases.
Answer:
Jacque Solis will have $42250 left after paying taxes and penalties
Explanation:
given data
present age = 38
qualified plan = $65,000
marginal tax = 25 %
to find out
how much will she have left after paying taxes and penalties
solution
as here qualified plan is an employer sponsored retirement plan that qualifies for special tax treatment under Section 401 (a) of Internal Revenue Code
and tax for 25 % will be here as
Tax 25% = $65,000 × 25%
tax = $16,250
and Penalties will be here for 10 % is
Penalties 10% = $65,000 × 10%
Penalties = $6500
so
Net available = $65,000 - $16,250 - $6500
Net available = $42250
so Jacque Solis will have $42250 left after paying taxes and penalties
Answer:
A
Explanation:
After adjusting the balances as per the bank and as per the books, the adjusted amounts should be the same. If they are still not equal, you will have to repeat the process of reconciliation again.
Once the balances are equal,<em> businesses need to prepare journal entries </em>for the adjustments to the balance per books.
Answer:
Explanation:
To answer this question, we first need to calculate the marginal utility per dollar for doughnuts. Recall that the marginal utility per dollar for a good is the marginal utility divided by the price of the good (=MU/P). For the first doughnut we have 10 (=10/$1), the second doughnut 9(=9/$1), third 9, fourth 8, fifth 7, sixth 6, seventh 5, eighth 4, ninth 3, tenth 2 and eleventh 1. The marginal utility per dollar for every cup of coffee is 5.5 (=5.5/$1). To determine how big the budget would have to be before Omar would spend a dollar buying his first cup of coffee, we compare the marginal utility per dollar values. Omar will purchase the first doughnut before he buys a cup of coffee because the marginal utility per dollar for the doughnut is greater than the marginal utility per dollar for the cup of coffee (10>1.5). The same is true for the second through the eighth doughnut. This implies Omar will buy 8 doughnuts at the price of $1 before he buys his first cup of coffee. Therefore his budget will need to $9 before he buys his first cup of coffee, $8 on the doughnuts and $1 for the cup of coffee.
Answer: $8
Answer:
increase
Explanation:
Break-even point is used to determine the minimum number of units a business needs to sell in order to fully cover the fixed costs. The break-even formula is below;
Break-even = Fixed cost / (Sale price - Variable cost)
If sales price (SP) decreases while keeping other factors; variable cost(VC) and fixed cost(FC) constant, the denominator amount will be smaller, making the break- even point to increase.
