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3 years ago

Banks can create an unlimited amount of money. True or false, and why?

1 answer:

4 0

Could be true. Banks use the stored money to invest, and if they make the right investments, theoretically they can have excess in money, investing more with the excess, and this keeps happening.

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Produced goods used as inputs for the production of other goods comprise the resource known as:.

Mashcka [7]

Capital.

Capital goods are those goods that are used for further production of other commodities. They are used in the future for purpose of productivity. These goods have derived demand and helped in raising the productive capacity of the business.

3 0

2 years ago

Read 2 more answers

What type of pricing involves summing the total unit cost of providing a product or service and adding a specific amount to the

Leviafan [203]

Answer:

a COST-BASED PRICING METHOD

Explanation:

COST-BASED pricing method is the type of pricing which involves summing the total unit cost of providing the product or services and adding a specific amount to the cost to arrive at the price. These costs includes all production cost in making the product available to the market and selling expenses incurred then add the desired amount of profit that the company wants to attain to come up the unit selling price of the product.

7 0

3 years ago

Information about three joint products follows: X Y Z Anticipated production 12,000 lbs. 8,000 lbs. 7,000 lbs. Selling price/lb.

V125BC [204]

Answer:

It is advisable to process Z unit further.

Explanation:

Ans: C. Z.

Decision about further processing of Products

Particulars/ Products X Y Z

Selling Price after further processing $ 20 $ 40 $ 70

Less: Selling Price at split off $ 16 $ 26 $ 48

Incremental value $ 4 $ 14 $ 22

Less: Further Processing Cost $ 8 $ 20 $ 20

Profit / (loss) arising due to further processing (a) ($ 4) ($ 6) $ 2

Units (b) 12,000 8,000 7,000

Increase/ (Decrease) in Operational Income (a*b) ($ 48,000) ($ 48000) $ 14,000

It is advisable to process Z unit further.

5 0

3 years ago

Here is some price information on Fincorp stock. Suppose that Fincorp trades in a dealer market. Bid Ask 55.25 55.50 a. Suppose

kobusy [5.1K]

Answer:

$55.50

Explanation:

The bid price is $55,25 is the price applicable to investors would intend to sell their investment.

The ask price is $55.50 is the price applicable to investors who wish to acquire the Fincorp stock.

The prices have been computed in such a way that the broker will always gain, whether an investor is buying or selling his/her stake.

Conclusively, the order given to the broker to buy at market would be executed at the ask price of $55.50, not the other way round.

8 0

3 years ago

On January 1, 2017, Metlock, Inc. had cash and common stock of $19,5000. At that date the company had no other asset, liability

ivann1987 [24]

Answer:

The amount of comprehensive income in 2017 is $47000.

Explanation:

comprehensive income = dividends + unrealized holding gain on securities

= $13500 + $33500

= $47000

Therefore, the amount of comprehensive income in 2017 is $47000.

5 0

3 years ago