The answer to this question is <span>concurrent control
Concurrent control refers to the type of control by management in order to make sure that all employees are meeting the required regulations and standard.
This type of control is used to make sure that employees will always meet company's expectation so the company could realize all of its planned goals.
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Answer:
Net operating income= 88,000
Explanation:
Giving the following information:
Selling price= $20
Unitary variable cost= 20*0.3= 6
Fixed costs= $10,000
Units sold= 7,000
<u>We need to calculate the net operating income:</u>
Sales= 20*7,000= 140,000
Variable cost= 6*7,000= (42,000)
Contribution margin= 98,000
Fixed costs= (10,000)
Net operating income= 88,000
Answer:
Perfectly inelastic
Explanation:
A demand is perfectly inelastic when quantity demanded does not change in response to a change in price.
Answer:
$100 million ; $10 million
Explanation:
Required reserve ratio (r) = 10%
Worth of bond = $10,000,000
The smallest increase can be thought of as being the $10million generated from open market operation and could be held by the bank as reserve.
To calculate the largest increase in deposit:
Money multiplier * deposit (worth of bond)
Money multiplier = (1 / reserve ratio)
Money multiplier = (1 / 0.1) = 10
Increase in deposit = 10 * $10,000,000 = $100,000,000 ( $100 million)
