Answer:
The right solution is "decrease by $50,000". A further explanation is description if provided below.
Explanation:
The given values:
Sell amount,
= 10,000
Reserve ratio,
= 20%
i.e.,
= 0.2
Now,
The decrease in money supply will be:
=
On substituting the values, we get
=
= ($)
Answer:
<em>Year 2023 2022 2021</em>
<em>Net income/sales ratio 13.8% 8.5% 8.3%</em>
Explanation: The net income to sales ratio is computed as net income divided by sales multiplied by 100
<em>Year 2023 2022 2021</em>
% % %
Sales revenue 100 100 100
Less cost of goods sold (<u>60.6) (62.9) (63.7)</u>
Gross profit <em> 39.4 37.1 36.3</em>
Less Operating expenses <u>(25.6) (28.6 (28)</u>
Net Income <u> 13.8 8.5 8.3</u>
Net income to sales = (Net income / sales) × 100
= 13.8/100 8.5/100 8.3/100
<em>Net income/sales 13.8% 8.5% 8.3%</em>
Answer:
Income and retirement ages are two factors of financial planning heavily impacted for unemployment.
Explanation:
Unemployment influence on financial planning is strong from the income's perspective as a person that does not have a regular income is stagnated and cannot grow.
Another factor of financial planning that its affected by unemployment is retirement ages. As less people work under high unemployment rates there is a need for working more years in order to retire.
Complete Question:
Ms. Muffy Vanderbilt is an entrepreneurial socialite who has successfully worked as a fund raiser for a not-for-profit organization for the past 10 years. Because of her success at raising money and her extensive list of social contacts, she is recruited by an investment advisory firm to become a representative. Ms. Vanderbilt would be permitted to:
I. state to customers that she has 10 years of experience in the industry.
II. use the title "investment adviser representative" on her business card.
III. state to customers that she is registered as a representative with the SEC.
Group of answer choices
A. I only
B. II only
C. II and III
D. I, II, III
Answer:
B. II only
Explanation:
In this scenario, Ms. Muffy Vanderbilt is an entrepreneurial socialite who has successfully worked as a fund raiser for a not-for-profit organization for the past 10 years. Consequently, she was recruited by an investment advisory firm to become a representative as a result of her expertise and success at raising money, as well as her extensive list of social contacts.
Hence, Ms. Vanderbilt would be permitted to use the title "investment adviser representative" on her business card but she is prohibited from;
1. stating to customers that she has 10 years of experience in the industry because she worked for a not-for-profit organization.
2. stating to customers that she is registered as a representative with the Securities and Exchange Commission (SEC) because only the investment adviser is required to register with SEC.
She can only register at the state where she's representing the investment adviser.
<em>Hence, points I and III would be considered a misrepresentation if used by Ms. Muffy Vanderbilt. </em>