Answer:
$245,277
Explanation:
The dairy makes 454 pounds per day of which only 62 pounds is sold, thus the extra pounds of cheese per day are (454-62) = 392.
Now, the dairy operated 355 days a year, hence the annual cost of storage is,
(355 * 392) * $1.01 => $140,552.
Now the setup cost is $295 a day, so the annual would be,
(295 * 355) => $104,725.
Hence the minimum total annual costs will be = 140552+104725 = $245,277.
Hope I made myself clear.
Thanks
Answer: b. Because of unpredictable changes in the public's desire to hold cash or borrow and banks' desires to hold reserves or lend.
Explanation:
The Fed is able to embark on monetary policy that influences the entire country - and the world to some extent - because they have very strong influence over the money supply of the US$.
This influence is not absolute however because as the old adage goes, "you can lead a horse to water but you can't make him drink". In other words, the Fed can relax(impose) restrictions to make money more(less) available but they cannot force people to borrow(hold) that money.
They can't force banks either to either hold reserves or lend money out because banks are free to impose their own reserve limits on top of those of the Fed.
Answer and Explanation:
The journal entries and the impact on the net income is as follows:
1 Call option $300
To Cash $300
(To record the purchase of the call option
2 Unrealized gain or loss -income $100 ($300 - $100)
To Call option $100
Call option $3000 (
($53 - $50) × 1000) $3,000
To Unrealized gain or loss- income $3000
(Being the change in fair value is recorded)
3. The impact would be
Unrealized holding gain is
= $3,000 - $100
=$2,900
<span>Government can definitely influence the consumer decisions by giving out certain information. So the consumers do not buy the products that are revealed to be dangerous. Sometimes this government involvement in the company business may affect the consumers like if the government takes some of the company's profit, the companies will charge higher for the consumers.</span>
Explanation:
means how quickly you can get your hands on your cash. In simpler terms, liquidity is to get your money whenever you need it.