Answer:
Option (d) is correct.
Explanation:
Given that,
Reserve requirement = 0.08
Demand deposits = $200,000
Holding in reserves = $4,000
Reserve required:
= Reserve Requirement ratio × Amount of demand deposits
= 0.08 × $200,000
= $16,000
Therefore, the reserves in holding is less than the required reserves. Hence, the bank is not meeting its reserve requirement.
Answer:
It is profitable to accept the special offer.
Explanation:
Giving the following information:
The shopping mall would like to purchase 200 extra-large white trees. Apex Company has the excess capacity to handle this special order. The shopping mall has offered to pay $120 for each tree.
Variable costs:
Direct materials $50.00
Direct labor (variable) $3.50
Variable manufacturing overhead $1.00
Additional variable cost= $6
This special order would require an investment of $10,000 for the molds required for the extra-large trees.
Because it is a special offer and there is unused capacity, we will not have into account the fixed costs (except the incremental fixed cost).
Unitary variable cost= 50 + 3.5 + 1 + 6= $60.5
Fixed costs= 10,000
Incremental income= (200*120) - (200*60.5) - 10,000= $1,900
It is profitable to accept the special offer.
Answer: Sell before assembly, the company will be better off by $1 per unit.
Explanation:
To solve the above question, we need to calculate the incremental profit or loss first. This will be:
= After assembling sales value - Unassembled unit sales value - Coat if further processing
= $87 - $62 - $26
= -$1
Since there is an incremental loss of $1, then the correct answer is "Sell before assembly, the company will be better off by $1 per unit".
Answer:
Profit = $42,000
Explanation:
Given:
House price = $350,000
Additional price = $5,000
Garage value = $25,000
Selling price = $450,000
Selling cost = $28,000
Total cost of the Assets
Purchase Home $350,000
Add: Additional Purchase $5,000
<u>Add: Purchase of Garage $25,000</u>
Total cost of the Assets $380,000
Profit = Sale Price - (Cost Price + Selling Cost)
Profit = $450,000 - ( $380,000 + $28,000)
Profit = $450,000 - $408,000
Profit = $42,000
Answer:
Data
Explanation:
According to my research on customer relationship management, I can say that based on the information provided within the question things stored in a CRM system are part of the Data component. This is because it is data being stored in order for the system to be able to function correctly by accessing that data on command.
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