The next thing to occur would be B. the price level in the economy will rise and the money demand will decrease
<h3>What is Interest Rate? </h3>
This refers to the amount of money that is added to be paid back on the settlement of a loan.
Hence, we can see that after the federal reserve buys bonds, the interest rate changes and aggregate expenditures change, thus will cause the price level in the economy will rise and the money demand will decrease
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Answer:
34.04%
Explanation:
Data provided :
Total sales of the Springfield Club = $ 920,000
The net operating income of the company = $ 34,040
The average operating assets of the company = $ 100,000
now,
The return on investment will be calculated as:
Return on investment (ROI)= 
on substituting the values, we get
ROI = 
or
ROI = 34.04%
Answer:
$7.85
Explanation:
Provided that
Selling price per unit = $24.15
Variable cost per unit = $16.30
Total fixed cost = $25,400
Budgeted sales 8,400 units
The formula to compute the contribution margin per unit is as follows
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $24.15 - $16.30
= $7.85
By deducting the variable cost per unit from the selling price per unit we can find out the contribution margin per unit
Answer:
System of Administered vertical marketing
Explanation:
Vertical marketing system is the system of cooperation among the several levels of the distributed channel. In this system, the members work together in order to promote the efficiency as well as economies of scale in the direction products are promoted to the end users.
Administered Vertical Marketing System is the one of the kind of vertical marketing system, which is a system that is coordinated among the distribution channel organisation, in that the flow of products from producer to the customer is controlled through size and power of one member of the system.
So, in this case, dominant member has the power of controlling the store. Therefore, it states the example of administered vertical marketing system.
Answer:
a. Examination
b. Review
c. Agreed upon procedures
d. Examination
e. Reviews
f. None
g. Reviews
h. Agreed upon procedures
i. Examination
j. None
Explanation:
Examinations are meant to provide higher level of assurance in audits, in order to provide detailed view and opinion on the audit area.
Reviews are meant to provide the certificate of approval that financial reporting framework is followed or not, or whether their is no material change in the financial statements etc:
Under agreed upon procedures the CPA is to report on some specific areas agreed with the management to report upon rather than complete financial statements.
Remaining explanation:
In f. absolute assurance can never be provided as even in examination there are certain limitations which are inherent in the procedure.
In j the statement provides no independence which is not available condition in any engagement.