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Ronch [10]
3 years ago
8

For the U.S. economy, money holdings are a

Business
1 answer:
swat323 years ago
6 0

Answer:

C) small part of household wealth, and so the interest-rate effect is small.

Explanation:

During 2011 the per capita holdings of US dollars amount to only $2950, compared to the GDP per capita of $49,794 it is not a significant amount. Some government agencies estimate that nearly 2/3 of all $100 bills are held in foreign countries.

The decrease in money holdings can be attributed to an increase in the use of banking services, especially an increase in the use of debit cards, but also credit cards and checks.

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uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) w
lisov135 [29]

Answer:

The ending inventory value at cost is ($100,000)

Explanation:

To calculate the cost of ending inventory using the retail inventory method, we need to know:

  • The cost-to-retail percentage = COGS/ sales during current year  = (sales – net markup)/sales = ($2,500,000-$200,000)/$2,500,000 = 92%
  • The cost of goods available for sale= Cost of beginning inventory + Cost of purchases = $200,000 + $2,000,000 = $2,200,000
  • The cost of sales during the period = Sales × cost-to-retail percentage = $2,500,000 x 92% = $2,300,000
  • The ending inventory = Cost of goods available for sale - Cost of sales during the period = $2,200,000 - $2,300,000 = ($100,000)
4 0
4 years ago
Silicon Valley in Northern California is famous as the home to many businesses that produce high-tech products or serve high-tec
german

Answer:

E) agglomeration economies

Explanation:

Agglomeration economies refers to a lot of companies being located close to one another. Generally most of these companies work on the same industry, e.g. Detroit for car manufacturers.

The main advantage of agglomeration economies is that synergy may be created between different firms which allows them to be more efficient and productive, and at the same time they will lower their costs.

4 0
3 years ago
Red Star Copy Service processes 2,100,000 photocopies per month at its service center. Approximately 50 percent of the photocopi
Andrews [41]

Answer:

A. The total costs of collating 500,000 per month With student help is $900

The total costs of collating 1,700,000 per month With student help is $3,060

The Total costs of collating 500,000 per month With the collating machine is $1,575

The Total costs of collating 1,700,000 per month With the collating machine is $1,635

B. The monthly volume at which the automatic process becomes preferable to the manual process is 885,714

Explanation:

A. In order to calculate the total costs of collating 500,000 and 1,700,000 per month With student help we would have to make the following calculations:

total costs of collating 500,000 per month With student help=(number of copies to be collating/average of copies per hour)*price per hour

total costs of collating 500,000 per month With student help=(500,000/5,000)$9

total costs of collating 500,000 per month With student help=$900

total costs of collating 1,700,000 per month With student help=(1,700,000/5,000)*$9

total costs of collating 1,700,000 per month With student help=$3,060

In order to calculate the total costs of collating 500,000 and 1,700,000 per month With the collating machine we would have to make the following calculations:

total costs of collating 500,000 per month With the collating machine= lease and operating costs+(number of copies to be collating/units collated)*additional price

Total costs of collating 500,000 per month With the collating machine= $1,550+(500,000/1,000)*$0.05

Total costs of collating 500,000 per month With the collating machine= $1,575

Total costs of collating 1,700,000 per month With the collating machine= $1,550+( 1,700,000/1,000)*$0.05

Total costs of collating 1,700,000 per month With the collating machine= $1,635

B. In order to calculate the monthly volume at which the automatic process becomes preferable to the manual process we would have to use the following formula:

the monthly volume at which the automatic process becomes preferable to the manual process is cost with students help=cost with collating machine

Therefore, (x/5,000)*$9=$1,550+(x/1,000)*$0.05

$8,750x=$7,750,000,000

x=885,714

The monthly volume at which the automatic process becomes preferable to the manual process is 885,714

4 0
3 years ago
Which term works best as a title for the list?
Marysya12 [62]

Answer: B. Land

Explanation: Just makes sense

7 0
3 years ago
Quickbooks Online. IRS guidelines require specific information to substantiate deductible automobile expenses. Which 3 items are
VikaD [51]

Answer:

✓Vehicle type

✓date placed in service

✓total mileage (including business, commuting and personal)

Explanation:

IRS guidelines available for automobile

deductible is that if one is using his cat for business purposes, the entire cost of ownership as well as operation can be deducted. But if the car is for business and personal purposes, the cost for the business use can be deducted.

The three items that are are included in the substantiation requirements are;

✓Vehicle type

✓date placed in service

✓total mileage (including business, commuting and personal)

7 0
3 years ago
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