I would assume true, visual merchandising is more of displaying products and flat drawing aren’t as interactive.
Answer:
These bonds mature in 8 years
Explanation:
We are required to find the Number of Years that the Bonds will mature. Thus we want to find N
Using A financial Calculator
PV = $604
YTM = 14.4 %
PMT = $1,000 × 6.2 % = 62
FV = $ 1000
P/YR = 1
N = ?
N = 8.837
Therefore these bonds mature in 8 years
Answer:
$52,000
Explanation:
Net income under variable costing considers only variable cost, while net income under absorption costing considers both variable and fixed cost. Therefore, we have:
Total beginning fixed overhead = 400 × $10 = $4,000
Total ending fixed overhead = 500 × $12 =$6,000
Fixed overhead for the period = $6,000 - $4,000 = $2,000
Net income under absorption costing = $50,000 + $2,000 = $52,000
Answer: $19,000
Explanation:
Given that,
Service Revenue = $10,000
Cash = $12,000
Accounts Receivable = $3,000
Office Supplies = $4,000
Rent Expense = $2,000
Salaries Expense = $1,200
Utilities Expense = $800
Accounts Payable = $3,200
Amount of total Assets = Cash + Accounts Receivable + Office Supplies
= $12,000 + $3,000 + $4,000
= $19,000
Answer:
The Required Reserve Ratio is 25% for all banks. Assuming that all the customers that have outstanding loans have used all of those additional funds to invest in new machinery for their businesses (therefore, the amount of Checkable Deposits is the true liability the bank has to its customers), the whole system (these three banks) is capable of creating $___3,400,000____ in new loans.
Explanation:
a) Data and Calculations:
Required Reserve Ratio (RRR) = 25%
Checkable Deposits:
First National Bank $250,000
Second National Bank 100,000
Third National Bank 500,000
Total of Checkable Deposits = $850,000
Money Supply = Total Checkable Deposits/Required Reserve Ratio
= $850,000/25%
= $3,400,000
b) The computation of the total Money Supply is based on the stated assumption that "all the customers that have outstanding loans have used all of those additional funds to invest in new machinery for their businesses (therefore, the amount of Checkable Deposits is the true liability the bank has to its customers)."
