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Serjik [45]
4 years ago
15

A manager at Donuts Galore needs to compute the target operating income to determine how many donuts would need to be sold to ea

rn a target income of $1,800, assuming a 20% tax rate. To earn a target net income of $1,800, what is the target operating income?a.$2,250b.$1,800.80c.$1,798.80d.$1,500
Business
1 answer:
liberstina [14]4 years ago
6 0
The answer would be a. $2,250. If you need an explanation of how I got this, just comment.
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Assume company x deposits $100,000 in cash in commercial bank. If no excess reserves exist at the time this deposit is made and
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Assume company x deposits $100,000 in cash in a commercial bank. If no excess reserves exist at the time this deposit is made and the reserve ratio is 20 percent, the bank can increase loans by a maximum of $500,000.

Reserve ratio = 20% = 20/100 = 0.25

Initial Money supply = (1/Reserve ratio)*New Deposit = (100,000/0.25) = $ 400,000

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Max Increase in Money Supply = Initial Money Supply + Reserves/ Reserve Ratio

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Marta_Voda [28]

The act placing a fraud alert is an effective way of dealing with inaccuracies in a credit report because its encourages the lenders and creditors to take an extra steps to verify the credit-account holder before issuing credit.

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Answer:

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Which of the following statements is not correct?
Korvikt [17]

Answer:

B) To maximize profit, firms should produce at a level of output where price equals average variable cost

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