Answer:
E. Profit motive
Explanation:
Profit motive can be defined as the intention, motivation or desire to form a business or engage in business ventures so as to generate financial (monetary) gains.
This ultimately implies that, profit motive is a desire for monetary gains (profits) which motivates a business owner to engage in the sales of finished goods or services.
Hence, profit motive is the premise on which all businesses are built on because the ultimate goal of every business is to achieve financial gains.
In this scenario, the computer accessories that Javier is making and selling are bringing in a substantial amount of money for him. Inspired by this success, he decides to hire two people and expand his business.
Thus, this is an example of profit motive.
Answer:
the after tax terminal value would be $14,500
Explanation:
Answer:
1)
B. more reserves, thus increasing the money multiplier and increasing the money supply.
In a fractional-reserve banking system, banks create money when they make loans. The more money they have available to make loans, the more money they create.
If the Fed reduces the reserve-requirements, banks will have more reserves available to loan out, increasing the money multiplier, and thus, the money supply.
2)
A. rarely changes the reserve requirement and does not use the reserve requirement as a major monetary policy tool.
The Fed rarely uses this monetary policy tool because it is the most powerful one. Changing the reserve requirements effectively reduce or increase the money supply like no other monetary policy tool, therefore, the effects can be dramatic, and its use is a sign that all other tools have been exhausted (open-market operations, and discount window mainly).
Explanation:
Answer:
$20
Explanation:
Given that,
Cash collected from the customers = $100
Cash paid to suppliers = $60
Cash paid to employees and other creditors = $20
Depreciation expense = $10
Therefore,
Clarke’s Cash Flow from Operations during the quarter ended 3/31/2015:
= Cash collected from the customers - Cash paid to suppliers - Cash paid to employees and other creditors
= $100 - $60 - $20
= $20
Answer:
<em>Ending WIP = 29,700</em>
Explanation:
Beginning WIP 26,500
Direct Materials used 74,300
Direct Labor used 55,000
Factory Overhead 95,700
Cost added during the period 225,000
Cost of Goods manufactured 221,800
26,500 + 225,000 = Ending WIP + 221,800
26,500 + 225,000 - 221,800= Ending WIP
<em>Ending WIP = 29,700</em>
We need the materials used in production, <u>the purchases is not the value we need, it is irrelevant.</u>
