Answer:
$269,158.88
Explanation:
The computation is shown below:
Before the difference of the amount, first we have to determine the value of the wine after one year which is shown below:
= $2,400,000 + $2,400,000 × 10%
= $2,400,000 + $240,000
= $2,640,000
And, the interest rate is 7%
Plus the additional cost is $360,000
So, the value of the wine now is
= ($2,640,000 - $360,000) ÷ (1 + 0.07)
= $2,130,841.12
So, the difference is
= $2,400,000 - $2,130,841.12
= $269,158.88
Answer:
A <u>consumer good
</u> is a product intended for final use by a consumer.
Explanation:
Consumer good: a good intended for final use by consumers rather than by businesses
Answer :
Strategy and structure complementarity & alignment is important for organisation goal achievement feasibly. There are many evidence organisations supporting this, eg - supply chain management
Explanation :
Strategy is action plan designed to achieve a long term objective. Structure is patterned arrangement of work elements to achieve a goal. Their alignment in organisations is important
Structure is work performa, it has to be arranged compatible to the designed strategy. Strategy is just an abstract idea without structural implementation. The organisation's standard of work depends on both strategical plan of the organisation, structural arrangement to fulfill it. Structure develops in organisation as per the work, strategies are formulated to attain best efficient outcome from that structured work layout. A good strategy is also crucial to positively transform the dynamic structure over time.
Yes, there are evidences of such : Organisations maintain an innovative strategy as per ongoing work structure process. Both of these are aligned, as per the firm predetermined goal.
Supply Chain Management is a perfect illustrative evidence for the same. Strategy, structure alignment is evident in each stage of it, from procurement to delivery. Supply chain is structured strategically, to enhance organisational goods effective & efficient end delivery.
<span>THE EFFICIENT ALLOCATION OF LIMITED RESOURCES MOSTLY BEING FACTORS OF PRODUCTION TO COMPLETE A TASK. SO ALLOCATION EFFICIENCY PLAYS A VITAL ROLE TO ACHIEVE AND BY EQUALIZING CONSUMER SURPLUS AND PRODUCER SURPLUS . IT IS TRUE THAT ALLOCATION EFFICIENCY IS ACHIEVED BY EQUALIZING CONSUMER SURPLUS AND PRODUCER SURPLUS.</span>
Answer:
15 percent; 12 percent
Explanation:
Reserves is defined as the required amount that a bank must hold in its vault and at the nearest Federal Reserve bank. It is a proportion of the total deposits that customers have with the bank.
Reserve = Cash in vault + Cash with Federal Reserve
Reserve = 70 million + 80 million
Reserve= $150 million
Reserve ratio= (Reserve ÷ Total deposit) * 100
Reserve ratio= (150 million ÷ 1 billion) * 100
Reserve ratio= 15%
A fall in reserve requirement causes excess reserve of $30 million
New reserve= Old reserve - Excess reserve
New reserve= 150 million - 30 million= $120 million
New reserve ratio= (120 million ÷ 1 billion) * 100
New reserve ratio= 12%