Answer:
A. A forklift moves more pieces per hour when there is a more experience operator at the wheel.
Explanation:
The ability to produce goods and services using<em> capital and labour inputs</em> is called economic productivity.
The output produced by a unit of capital is called capital productivity. Increase in the productivity of capital means that more output is produced in an hour of paid work or same output is produced in fewer paid hours.
Similarly when a more experienced operator is driving the forklift the work done in one hour also increases hence the productivity also increases.
Answer:
PI=103.67%
Explanation:
Calculation for PI
To calculate PI (PROFITABILITY INDEX) the first step is to calculate the NPV ( Net present value) using Financial calculator by following the below step
CF0= -$5,000
C01=$900
FO1=3years
CO2= $1,400
FO2=3 years
NPV=?
I=8%
The next step is to enter the down arrow Cpt
Hence,
NPV = $183.48
Since we have know the NPV Now let calculate the PI using this formula
PI=(NPV+Potential project)/Potential project
Let plug in the formula
PI= ($183.48+$5,000)/$5,000
PI=$5,183.48/$5,000
PI= 1.03669*100
PI=103.67%
Therefore the PI will be 103.67%
Answer:
c. will be able to make new loans up to a maximum of $9.50
Explanation:
If the reserve requirement is 5% it means that the bank is required to reserve(not loan out) 5% of it's reserves so in this case the bank is required to 5% of 10 (0.05*10) $0.50 as reserves and can loan out $9.50 (10-0.50). As the bank has no desire to hold on to excess reserves we can be sure that it will only hold 0.50 as reserve as it is required and loan out $9.50. So statement c is correct.
Statement A is incorrect because the bank does not need to increase required reserve by $10 but by just $0.50.
Statement B is incorrect a deposit of $10 cannot increase the total reserve by $10.50 as it is impossible mathematically.
Statement d is incorrect because 2 of the 3 statements are incorrect therefore all of the above statements cant be correct.
Answer:
See below
Explanation:
Balance sheet as of December 31, 2022.
Current assets
Account receivable $2,000
Cash $6,280
Supplies $3,790
Total $12,070
Fixed assets
Equipment net $110,300
Inventory $2,810
Total $113,110
Total assets = $12,070 + $113,110 = $125,180
Current liabilities
Accounts payable $3,900
Interest payable $500
Salaries and wages payable $740
Notes payable $32,500
Total $37,640
Financed by;
Common Stock $52,500
Total liabilities + Common stock
= $37,640 + $52,500
= $90,140
Answer: Option C
Explanation: In simple words, a product refers to an entity that that could be tangible or intangible and is produced by the manufacturer for satisfying the wants of its customers.
Hence anything that is offered to the market and has the ability to satisfy the needs of specified individuals will be classified as a product.
Thus, the correct option is C.