Answer:
The number of quarters is 47 and the number of nickels is 49.
Explanation:
Let the number of quarters be x and the number of nickels be y.
Kevin and Randy Muise have a jar containing 96 coins, all of which are either quarters or nickels.
.... (1)
1 quarters = 0.25 dollars
1 nickels = 0.05 dollars
The total value of the coins in the jar is $14.20.
.... (2)
From (1) and (2), we get
Put this value in equation (1).
The value of x is 47 and the value of y is 49. Therefore the number of quarters is 47 and the number of nickels is 49.
Answer:
the net operating income is 4.560
Explanation:
Net operating income is a calculation of revenues less cost, minus all reasonably necessary operating expenses. Having said that we can determine that the fixed expenses are included in the necessary operanting expenses unless they include depreciations and amortization. Since the text doesn’t refer to the fixed expenses as depreciations or amortization the calculation is this:
Calculate the cost if the contribution margin is 12%
Cost is equal to = (Revenue*(1-contribution ratio))= (738.000*(1-0.12))= 649.440
Then calculate the net operating income
Net operating income = (Revenue – Cost-operating expenses) = (738.000-649.440-84.000) = 4.560
Answer:
The correct option is C,the director is not subject to the restrictions on short-swing profits.
Explanation:
The short-swing profit rules apply to company's insiders such the directors who have access to sensitive share price information of the company.
The rules mandated that such insiders return to the company any profit made in dealing in the shares of the company if both purchase and sale of shares occur within six months.
However, the director in question is not subject to short-swing profits since the profits of $1,500 made on January 15($35-$30) *300) was cancelled out by the loss of -$1,500 made on February 3 ($20-$25)*300).
The government body responsible for the regulation of the Indian banking system is the Reserve Bank of India.
<h3>What is Government?</h3>
A government refers to an administrative system developed to maintain the functioning of any country by maintaining peace and order by implementing laws and legislation of the constitution and providing better facilities to its citizens.
The reserve bank of India is the governing body that is responsible for the regulation of the Indian banking system which provides guidelines regarding interest rates and issuing of funds and bonds to businesses and individuals.
This maintains the currency system and helps in economic decisions by managing the credit system of the country.
Learn more about the Reserve Bank of India, here:
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