Answer:
The money supply should be set at 800
Explanation:
In this question, we are asked to calculate the value at which Fed should set the money supply at after fixing the interest rate at 7 percent.
We proceed as follows;
Let the new money supply be M.
To fix the interest rate at 7%, r= 7 and P = 2
(M/P)d = 2,200 - 200r
= 2200 - 200(7)
=2200-1400
= 800
M = 800
Answer:
C) Deducted from the book balance of cash
Explanation:
bank reconciliation can be regarded as process where by bank account balance in an entity’s books of account is been reconciled to balance that is been reported by the financial institution Using the recent bank statement. It should be noted that On a bank reconciliation, a bank fee for check printing not yet recorded by the company is Deducted from the book balance of cash
Answer:
Total gross profit =$ <u>50,565
</u>
Explanation:
<em>Gross profit is the sales revenue less the cost of the goods sold. The cost of goods sold would include the variable cost of production, fixed cost and the further processing cost</em>
<em> $</em>
Sales revenue (10,000×$8.15) + ( 3100 ×$6.15) = 100,565
Further processing cost (21,000)
Variable cost ( 10,000 ×$1.90) (19,000)
Fixed cost (<u>10,000)</u>
Gross profit <u>50,565
</u>
Answer:
2. More people needed to have discretionary income.
Explanation:
Discretionary income is a form of income that an individual has or remains with after paying for the necessary expenses such as tax, utility bills, rents, foodstuffs, etc.
Hence, "More people needed to have discretionary income" in a society before sports and entertainment marketing made sense as a business.
The reason is simple; it is after people had satisfied the necessary expenses that's when they can pay for entertainment under normal circumstance
Answer: Disney+ Hulu ESPN+ yahoo
Explanation: