Answer:
Change in checking deposit is $18,20,000
Explanation:
Checking account is the kind or form of deposit account that is held at a institution and it allows the deposits as well as withdrawals.
The change in the checking deposit is computed as:
Change in Checking deposit = Deposit amount / Required reserve ratio
where
Demand deposit is $800,800
Required reserve ratio is 0.440
Putting the values above:
Change in checking deposit = $800,800 / 0.440
Change in checking deposit = $18,20,000
Answer:
If prices are cut by $0.2 then the operating income will increase by $91,200.
Explanation:
Current Gross Profit is :
Revenue [240,000 * $6] = $1,440,000
Cost of Sales = $1,416,000
Gross Profit = $24,000
If selling price is reduced to $5.80
Revenue $5.80 * [ 240,000 * 1.10 % ] = $1,531,200
Cost of Sales $1,416,000
Gross Profit = $115,200
Answer:
a) False
b) True
c) True
d) False
e) True
Explanation:
A– Acme computer has the largest annual revenue.
B– (x˄y) = If X = Y = 1 then 1; otherwise = 0. Both parts of equation are True, then the proposition is True.
C– (x˅y) = If X = Y = 0 then 0; otherwise = 1. The first part of the equation is False, and the second part is True, then the proposition is True.
D– (x→y) = If X = 1 and Y = 0, then (x→y) = 1. The first part of the equation is False, and the second part is True, then the proposition is False.
E- (x≡y) = If X = 0 and Y = 0, then (x≡y) = 0. Both parts of equation are True, then the proposition is True.
