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3 years ago

Credit cards are

1 answer:

8 0

<span>Credit cards are included in neither the M1 definition of the money supply nor in the M2 definition. Credit cards do not come under these definition because M1 and M2 by definition deals with deposits, saving accounts tiny deposits and assets conversion and cash in the money supply sector. Hence the concept of credit cards is not covered in M1 and M2.</span>

You might be interested in

If Highway 55 Studios can reduce fixed expenses by , by how much can variable expenses per unit increase and still allow the co

solniwko [45]

Answer:

$2.25

Explanation:

Please check the attached image for the full question used in answering this question

Breakeven sales is the quantity sold at which net income is equal to zero.

Breakeven sales = fixed cost / (price per unit - variable cost per unit )

$1,215,000 / ($80 - $35) = 27,000

If Highway 55 Studios can reduce fixed expenses by $60,750, variable cost =

27,000 = ($1,215,000 - $60,750) / ($80 - V)

27,000 = 1,154,250 / ($80 - V)

V = $37.25

Variable cost would increase by : $37.25 - $35 = 2.25

8 0

4 years ago

A person's debt ratio shows the relationship between debt and net worth. the lower the ratio the

SOVA2 [1]

<span>A person's debt ratio shows the relationship between debt and net worth. The lower the ratio the better off the person is financially. </span>

When you are in good financial standing, if it necessary to have a low debt ratio. The debt ratio is how much debt to income or net worth someone has. When you have a low debt ratio you are often approved for larger loans and can sustain financial freedom more easily.

4 0

3 years ago

Which stage in project management involves team members working on the assigned tasks as described in the project plan?

vagabundo [1.1K]

Answer:

C. execution

Explanation:

The execution stage is 3rd stage in project management lifecycle is usually is longest phase as during which the teams develops the product or services and presents the final end product to the clients. Here the team members work on the same set of guidelines that are assigned or designed in a project.

3 0

3 years ago

Suppose you purchase from a supplier at $4 per unit a part with which you assemble red widgets. on average, you use 50,000 units

joja [24]

The problem is missing some parts:

First, how many parts should you purchase each time you place an order.

H=.2*$4 = $0.80

S= $800

R = 50,000

Q = 2SRH

= 2(800) (50000) (.8)

= 10,000 units

The second question is how many timer per year will you place orders.

Required order = R/Q

= 50000/10000

= 5 times

4 0

3 years ago

1) Robolane Incorporated manufactures and distributes small robotic toys. Because most of its orders are via telephone or fax, n

Ket [755]

Answer:

Following are the Journal entries to the given question:

Explanation:

Accounts Dr Cr

Robo Department Overhead Control 996

Materials Control $(80 \times 5.15) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 412$

Wages Payable $(80\times 5)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 400$

Shop overhead control $(80\times 2.30) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 184$

Finished Goods $2000$

Work in process control $2000$

7 0

3 years ago