<span>Should focus on finding opportunity instead of accepting security, getting results instead of following routines, earning a profit instead of earning a paycheck, trying new ideas instead of avoiding mistakes, and creating a long- term vision instead of seeking a short term payoff.
(Put in your own words)</span>
Answer:
Explanation:
• Initially, As a result of the bond purchase, money supply will increase by $100000.
The reason for the increase in money supply by $100000 is because the federal reserve bought bond of $100000 from Riggie Rich. This is an expansionary policy which will lead to more money in supply.
• As a result of Rich's deposits, the bank will able to give $90000 more in additional loans.
The increase in the additional loans will be calculated by removing the reserve required ratio from the deposit.
= $100000 - (10% × $100000)
= $100000 - $10000
= $90000
• As a result of the purchase by the Federal reserve, the maximum increase in quantity of checkable deposits which could result throughtout the entire banking system will be $1000000.
The increase in checkable deposits will be the change in reserve multiplied by 1/RRR. This will be:
= $100000 x 1/10%
= $100000 × 1/0.1
= $100000 x 10
= $1000000
Answer:
Inventory in consignee: $ 22,005
Consignor profit: $ 6,810.6
Explanation:
We must remember that the goods cost is the sum of all it was needed to get the inventory ready for sell:
consigned goods: 88 x 490 = 43,120
shipping cost 890
Total Cost for Spencer 44,010
44,010 /88 freezers x 44 freezers at hand: 22,005
profit on the consignor:
sales revenue 44 x 710 = 31,240
commission 6% (1,874.4)
cost of good sold
44,010 / 88 x 44 freezers sold: (22,005)
advertising (240)
installation cost (310)
Profit 6,810.6
Answer:
unethical communication
Explanation:
unethical communication
unethical communication is that type of communication that sometime unethical for both side of business. it is practice of communication that give rise to doubtfulness in the business.
in the given question , unethical feeling arose due to doubtfulness of job of some employee because they may lost their job when both companies combined to form new one.
Answer:
Adjusted cash balance is $ 60,224.
Explanation:
Detailed steps of solution are below
