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Answer:
option A is correct
Amount that not covered is $162000
Explanation:
given data
insures deposits = $250,000
individual account = $200,000
joint account = $424,000
to find out
How much of Suzanne's money is not covered by FDIC insurance
solution
we know that
here eligible coverage amount is = $200000 + 1/2 × 424000
so eligible coverage amount is = $412,000
and we know that
Amount covered = $250000
so that
here Amount that not covered is = $412000 - $250000
Amount that not covered is $162000
so option A is correct
Answer:
842,000 shares
Explanation:
Please the solution to the given problem in the file attached below
Answer:
The correct answer is option D.
Explanation:
Suppose technological advancement has helped in decreasing the cost of producing organic produce. This means that the farmers can now produce more at the same cost. As a result, the supply of organic produce will increase. This will cause a rightward shift in the supply curve.
At the same time, the demand for organic produce has increased. This will lead to a rightward shift in the demand curve.
The rightward shift in both demand and supply curve will lead to an increase in the equilibrium quantity. The change in the price level depends on the extent of the change in demand and supply.
Answer:
Option (a) is correct.
Explanation:
Given that,
Sales = $700,000
Beginning total assets = $240,000
Ending total assets = $280,000
The asset turnover ratio refers to the ratio of sales to the average total assets.
Average total assets:
= (Beginning total assets + Ending total assets) ÷ 2
= ($240,000 + $280,000) ÷ 2
= $260,000
Therefore, the asset turnover ratio is as follows:
= Sales ÷ Average total assets
= $700,000 ÷ $260,000
= 2.69