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algol13
4 years ago
9

Assume an economy where the required reserve ratio is 20 percent. if you withdraw $5,000 from your checking account to go on vac

ation in europe, where you spend it all, what happens to the money in circulation in the macro islands
Business
1 answer:
tiny-mole [99]4 years ago
7 0
5000 is the answer. What's the subject
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Which type of contract is not assignable?
Margarita [4]

Answer:

(b) purchase contract with no contingencies.

4 0
2 years ago
The payback period is the period of time it takes an investment to generate sufficient cash flows to?
Debora [2.8K]

The payback period is the length of time it takes an investment to generate sufficient cash flows to enable the project to produce a positive annual cash flow.

What is the payback period for the cash flows?

The time frame needed for a project's financial inflows to more than equal its initial cash outlay is known as the payback period. This formula is helpful for risk reduction analysis since a project that produces a return quickly is less hazardous than one that produces the same return over a longer time frame.

Does positive cash flow mean profit?

Even though a corporation reports negative net income, it is still feasible for it to have positive cash flow. A corporation is financially sound and successful if its net income is positive. A corporation's increase in liquid assets indicates a positive cash flow if the company has positive cash flow.

Learn more about payback period: brainly.com/question/13978071

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8 0
2 years ago
Which of these conditions helped establish the foundation for a market revolution in the United States
Digiron [165]

Question Completion:

Choices: Rapid improvements in transportation and communication; the production of goods for a cash market; and the use of inventions and innovations to produce goods for a mass market.

Answer:

The condition that helped to establish the foundation for a market revolution in the United States is:

Rapid improvements in transportation and communication

Explanation:

Rapid improvements in transportation and communication spurred innovations.  With innovations, capitalism was born.  Innovations needed factories for mass production.  In turn, according to American History, "factories and mass production increasingly displaced individual artisans and farmers," who survived at subsistent levels.  Large farms grew and produced crops for distant markets, no longer only for family and local markets.  Most of the crops were further processed, packaged, preserved, and shipped through cheap transportation systems like the Erie Canal, using steamboats.  And the rest, they say, is history.

3 0
3 years ago
Ashland Corporation estimates its manufacturing overhead costs to be $200,000 and its direct labor costs to be $336,000 for 2020
denpristay [2]

Answer:

Allocated MOH= $99,960

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 200,000 / 336,000

Predetermined manufacturing overhead rate= $0.595 per direct labor dollar

<u>Now, we can allocate overhead to Product 3:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 0.595*168,000

Allocated MOH= $99,960

7 0
4 years ago
They want to make a profit of $55,498 Unit Variable costs = $11 Unit selling price is = $37 Fixed costs = $18,470 How many units
belka [17]

Answer:

2,845 units

Explanation:

To find the answer you need to consider that the profit is equal to the sales minus the costs.

Let's consider that x is the number of units sold

Sales= Price per unit*number of units sold

Sales= 37x

Variable cost= Cost per unit*number of units sold

Variable cost= 11x

Fixed cost= 18,470

55,498=37x-11x-18,470

55,498+18,470=26x

73,968=26x

x=73,968/26= 2,845

According to this, the answer is that they need to sell 2,845 units to make the desired profit.

6 0
3 years ago
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