Answer:
Leah is playing the decisional role.
Explanation:
- Decisional role is the most important thing that is handled by a manager to make the critical decisions during any sort of activities.
- The manager has the basic four responsibilities under decisional role. These responsibilities are: entrepreneur liability, disturbance handler, resource allocator authority and negotiator.
- An ideal manager is the one that can wisely take any decisions for the smooth running of a company.
Answer:
a. If all money is held as currency then the banks create no additional money and money supply is = $1,000
b. If all money is in banks but the banks are not loaning it out as they are keeping it in reserves, no loans will be created. Supply is still $1,000.
c. The total money is the amount of deposits multiplied by the money multiplier.
Money Multiplier = 1/required reserve
= 1/0.2
= 5
Supply = 1,000 * 5
= $5,000
d. With equal amounts held as currency and demand deposits, the money multiplier will be;
= ![\frac{1 + Currency deposit ratio}{ Reserve requirement + Currency deposit ratio}](https://tex.z-dn.net/?f=%5Cfrac%7B1%20%2B%20Currency%20deposit%20ratio%7D%7B%20Reserve%20requirement%20%2B%20Currency%20deposit%20ratio%7D)
Currency deposit ratio is 1 as the ratio to demand deposits is equal which = 1.
= ![\frac{1 + 1}{1 + 0.2}](https://tex.z-dn.net/?f=%5Cfrac%7B1%20%2B%201%7D%7B1%20%2B%200.2%7D)
= 1.67
Money supply = 1,000 * 1.67
= $1,670
e. If the Central bank increases the money supply by 10% then the monetary base would increase by;
= 10% * 1,000
= $100
Answer: $80
Explanation:
From the question, we are informed that prior to May 1, Fortune Company has never had any treasury stock transactions and that a company repurchased 160 shares of its common stock on May 1 for $8,000. The price per share will be:
= $8,000/160
= $50 per share
The balance in paid capital as at May 1 will be 0.
On July 1, it reissued 80 of these shares at $52 per share. This means that there is an increase of ($52 - $50) = $2 per share.
The balance paid on capital as at July 1 will be:
= $2 × 80
= $160
On August 1, it reissued the remaining treasury shares at $49 per share. This mean that there is a reduction of $1 per share.
The balance paid on capital as at August 1 will be:
= -1 × $80
= -$80
The balance in the Paid-in Capital, Treasury Stock account on August 2 will now be:
= $160 - $80
= $80
Answer:
The correct answer is letter "A": salaries.
Explanation:
Estimating project costs of businesses allows measuring the profits and costs the organization might have during operations. That budget must include direct costs such as <em>employees' salaries</em>, materials such as supplies and equipment, and indirect costs like administrative expenditures.
The division of household chores in Jason's home is a simple example of departmentalization. A group of people within a unit is given task that is dissimilar to those given to another group. A certain group has a head and some subordinates or support system.