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3 years ago

An increase in the interest rate A. increases the percentage yield of holding money. B. decreases the opportunity cos

Business

1 answer:

Katena32 [7]3 years ago

5 0

Answer:

increases the opportunity cost of holding money

Explanation:

An increase in the interest rate actually increases the opportunity cost of holding money.

The opportunity cost of holding money is the nominal interest rate. Opportunity cost can be referred to as the interest rate that is forgone on alternative assets. So, when interest rate increases, the opportunity cost of holding money also increases.

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EZ Rental Car offers rental cars in an off-airport location near a major tourist destination in Florida Management would like to

trapecia [35]

Answer:

I used an excel spreadsheet to calculate this:

the least squares regression line:

y = a + bx

y = $2,937 + 3.96x

where y = total cash wash costs and x = rental returns

fixed costs = $2,937 per month

variable cost = $3.96 per car washed

Download pdf

8 0

3 years ago

Ivanhoe Company reports the following operating results for the month of August: sales $392,000 (units 4,900), variable costs $2

Norma-Jean [14]

Answer:

The best course of action is to increase the selling price by 10%.

Explanation:

Giving the following information:

sales $392,000 (units 4,900)

variable costs (247,000)

fixed costs (96,000)

Current net income= 49,000

First, we need to calculate the unitary selling price and variable cost:

Selling price= 392,000 / 4,900= $80

Unitary variable cost= 247,000 / 4,900= $50.41

Now, we will calculate the impact on net income of each variation:

Increasing selling price by 10%:

Selling price= 80*1.1= $88

Effect on income= 8*4,900= $39,200 increase

Reduce variable costs to 57% of sales.

Unitary variable cost= 80*0.57= $45.6

Effect on income= (50.41 - 45.6)*4,900= $23,569 increase

Reduce fixed costs by $22,000.

Effect on income= $22,000 increase

6 0

3 years ago

What company was employed by nasa to produce the software needed to land the mars rover curiosity?

m_a_m_a [10]

The navigation and hazard-avoidance software was developed at Carnegie Mellon University. The camera system and the art image compression system was developed by JPL.

Hope that helps.

4 0

3 years ago

Arndt, Inc. reported the following for 2021 and 2022 ($ in millions):

Diano4ka-milaya [45]

iequie nswer:q

Explanation:

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6 0

3 years ago

Watercraft, Inc., employs Vladimir as a sales agent for a trial period. At the end of the period, Watercraft and Vladimir disagr

malfutka [58]

Answer: an accounting

Explanation: Accounting is the method of documenting business-related financial transactions. The accounting procedure involves the review, analysis, and disclosure of these activities to supervisory authorities, legislators, and taxation bodies.

Accounting helps all the stakeholders as the financial statement prepared depicts all the current and past information about the company. Hence from the above we can conclude that the correct option is B.

6 0

3 years ago