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4 years ago

9

Business travelers are more likely than leisure travelers to choose an airline primarily based on the frequent flyer program. Fa

lse True

1 answer:

agasfer [191]4 years ago

4 0

Answer:

True!!!!!!!!!!!!!!!!!!!!!!!!

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f the Fed conducts an open-market sale, bank reserves _____, and the money supply is likely to _____. decrease; decrease increas

riadik2000 [5.3K]

If the Fed conducts an open-market sale, bank reserves decrease, and the money supply is likely to decrease.

<h3>Open market operations</h3>

The Federal Reserve (the Fed) uses "open market operations" (OMO) to refer to the process of buying and selling U.S. Treasury securities as well as other securities on the open market in order to manage the amount of cash kept in reserve by U.S. banks. The Fed purchases and sells Treasury securities in order to increase the quantity of money in circulation and to decrease long-term interest rates.

The U.S. Federal Reserve uses open market operations to control the amount of money in circulation by buying and selling bonds and other securities. The Fed can utilize these transactions to increase or reduce the amount of money in the banking system and to raise or lower short-term interest rates, depending on the objectives of its monetary policy.

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8 0

2 years ago

We are evaluating a project that costs $1.68 million, has a six-year life, and has no salvage value. Assume that depreciation is

zvonat [6]

Answer:

Best-Case Worst-Case

NPV NPV

PV of cash inflows $2,897,706 $3,187,477

PV of project cost $1,680,000 $1,848,000 ($1,680,000 * 1.1)

NPV $1,217,706 $1,339,477

Explanation:

a) Data and Calculations:

Initial project cost = $1.68 million

Project's estimated life = 6 years

Salvage value = $0

Depreciation expense = $280,000 ($1.68 million/6)

Income Statement:

Sales revenue (90,000 * $37.95) = $3,415,500

Cost of goods sold:

Variable cost (90,000 * $23.20) = 2,088,000

Gross profit = $1,327,500

Fixed costs = 815,000

Income before tax = $512,500

Income tax (21% of $512,500) = 107,625

Net income = $404,875

Add depreciation expense 280,000

Annual cash inflows = $684,875

PV annuity factor for 6 years at 11% = 4.231

PV of annual cash inflows of $684,875= $2,897,706 ($684,875 * 4.231)

Annual cash inflows = $753,363 ($684,875 * 1.1)

PV of annual cash inflows of $753,363 = $3,187,477 ($753,363 * 4.231)

3 0

3 years ago

With respect to the six stages of a quality life cycle, the implementation stage of a new quality initiative is called:_____.

Georgia [21]

With respect to the six stages of a quality life cycle, the implementation stage of a new quality initiative is called adoption.

What is life cycle?

The term life cycle refers to the life are the passes on the different stages such as baby, kids, children, teenager, adult, young, and the last is the old there are the different phases of the life.

There are the six stages of the quality life cycle are the adoption, regeneration, energizing, maturation, limitation, or stagnation and decline. The adoption is the implementation stage of a new quality initiative.

As a result, the quality life cycle is the adoption.

Learn more about on life cycle, here:

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5 0

1 year ago

Which of the following statements are true of local taxes? (Choose all that apply)

Andrew [12]

Local taxes can be sales taxes

4 0

3 years ago

The stock of Mulberry Corporation is owned by Archana (60%) and Anar (40%), who are mother and daughter.

scoundrel [369]

<u>Solution and Explanantion:</u>

<u>Determining the gain or loss recognized by M corporation </u>

Loss to be recognised = Market Value – Purchase Value

$=\$ 575000-\$ 650000$ = $75000

Thus, loss to be recognised by the “M” corporation is $75000

<u>Determining the gain or loss of A: </u>

$Loss by $\mathrm{A}=$ Purchase Value - Liability - Actual basis of $\mathrm{M}$$

$=[(\$ 575000-\$ 425000) * 40 \%]-\$ 100000$

$=\$ 60000-\$ 100000$

= ($40000)

Thus, loss to be recognised by A is $40000

8 0

3 years ago