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4 years ago

Millie withdraws $1,000 from her checking account so she can have $1,000 in cash. If no other changes occur, M1 will

Business

1 answer:

IceJOKER [234]4 years ago

4 0

Answer:

M1 will not change

Explanation:

M1 is the money supply that is composed of physical currency , coin, demand deposits, travellers' checks, checking accounts, and negotiable order of withdrawal (NOW) accounts. M1 includes the most liquid of money supply.

Because checking account and cash are both components of M1, there would be no change in M1

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Journalize the following transactions for Henderson Company. Assume a perpetual inventory system. Also, assume a constant gross

otez555 [7]

Answer: See explanation

Explanation:

Merchandise inventory are goods which a wholesaler or distributor has gotten from the suppliers in order to sell to third parties.

On May 9, merchandise inventory was calculated as:

= 960 ÷ 13000 × 7800

= 576

Check the attached file for further explanation

4 0

3 years ago

An economist has conducted extensive research and has found that jones cola is a substitute for tucker cola. ceteris paribus, th

madam [21]

Answer: Increase in demand

Explanation: Change in demand occurs when factors affecting demand other the its price changes. While, a change in quantity demanded occurs when the price of the good changes other things constant. Since, jones cola and tucker cola are substitutes to each other. A rise in the price of jones cola will shift demand towards tucker cola. This, will lead to a rightward shift in the demand curve for tucker cola and an increase in demand for tucker cola.

8 0

4 years ago

The total cost function for a product is C(x) = 850 ln(x + 10) + 1700 where x is the number of units produced. (a) Find the tota

aksik [14]

Answer:

a. $6,245.04

b. 9,605 units

Explanation:

(a) Find the total cost of producing 200 units. (Round your answer to the nearest cent.)

Given C(x) = 850 ln(x + 10) + 1700 ............................... (1)

Since x = 200 units, we substitute it into equation (1) solve as follows:

C(200) = 850 ln(200 + 10) + 1700

= 850 ln(210) + 1700

= 850(5.34710753071747) + 1700

= 4,545.04140110985 + 1700

C(200) = $6,245.04

Therefore, the total cost of producing 200 units is $6,245.04.

(b) Producing how many units will give total costs of $9500? (Round your answer to the nearest whole number.) units

To do this, we simple equate equation (1) to $9500 and solve for x as follows:

850 ln(x + 10) + 1700 = 9500

850lnx + In10 = 9500 - 1700

850lnx + 2.30 = 7,800

850lnx = 7,800 - 2.30

850lnx = 7,797.70

lnx = 7,797.70 ÷ 850

lnx = 9.17

x = e^9.17

x = 9,605

Therefore, 9,605 units will give total costs of $9500.

3 0

3 years ago

Your little sister Tiffany is beginning to cause you some concern. She wants to borrow $480 from you today and promises to pay y

Ulleksa [173]

Answer:

No, I don’t think this would be a good loan to make. Even if your sister means the world to you and you believe giving her that amount of money must be for a good cause… you should find out what the loan is for. After all, your sister is a 9 year-old.

Hope it helped! Have a good day.

3 0

3 years ago

As a financial manager you must choose between three alternative investments. Each investment is expected to provide cash inflow

AVprozaik [17]

Full question attached

Answer:

B. Choose investment A

Explanation:

Looking at the investment cash flows for the four years, investment A maximises the shareholders wealth mostly because it covers cost of investment quicker than other investments B, C and D. It begins with the highest cash flow return, for first and second year therefore pay back period is lower with investment A. Also net present value is higher.

6 0

4 years ago