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3 years ago

Assume $1,000 is deposited in a checkable account by mr. y in bank

1 answer:

4 0

Hi there

1,000÷0.20
=5,000

5,000−1,000
=4,000....Answer (this is the total amount of money can be created)

Hope it helps

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3 years ago

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A bank asks customers to evaluate the drive-thru service as good, average, or poor. Which level of measurement is this classific

Lelechka [254]

Answer:

B. Ordinal

Explanation:

Ordinal scales of measurement is the second level of measurement that measures non numeric concepts like happiness, comfort, discomfort, etc

ordinal scale identifies rank of variables with orders like good, very good, excellent etc. An example of ordinal scale of measurement is the Likert scale with measures data with orders like strongly agreed, agreed, , disagreed, strongly disagreed .

In ordinal scale of measurement, it is the order that matters. Therefore a bank that allows its customers to evaluates its drive - thru service as good, average or poor is using the ordinal scale of measurement

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3 years ago

Money facilitates trade because: Group of answer choices it serves as a medium of exchange. it eliminates the need for specializ

gogolik [260]

Answer:

It serves as a medium of exchange.

Explanation:

It serves as a medium of exchange is the correct answer because in the trade money plays an important role and it makes the trading very easy as compared to barter system where a person has to find the other person who is in the need of same commodity through which the other person wants to exchange. Moreover, the use of money as a medium of exchange eliminated all the problems that were in the barter system.

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3 years ago

Which challenge leads to a gap between the objectives of the IS systems and the business needs when developing the IS?

kirill115 [55]

Answer: Lack of documentation

Explanation:

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3 years ago

Assume a company is considering adding a new product line with the following estimated cost and revenue data: Annual sales 6,000

AlladinOne [14]

Answer:

Financial advantage of $76,000

Explanation :

Concentrate on the incremental revenues (including incremental savings) and incremental costs (including opportunity cost) of adding the new product line.

Analysis of the addition of a new product line

Sales and Savings :

Sales (6,000 units × $ 180) $1,080,000

Sales of complementary products $31,000

Costs and Opportunity Costs :

Variable manufacturing costs per unit ($140 × 6,000 units) (840,000)

Variable selling costs per unit ($15 × 6,000 units) ($90,000)

Incremental fixed manufacturing costs ($ 65,000)

Incremental fixed selling costs ($ 40,000)

Financial advantage (disadvantage) $76,000

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3 years ago