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3 years ago

An elected official is:

Business

2 answers:

Gala2k [10]3 years ago

5 0

The correct answer would be<u> B. Voted into her job.</u>

miskamm [114]3 years ago

4 0

Official who won the office in free election.

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A banking system with a reserve ratio of 20% and a change in reserves of $1 million can increase its total demand deposits by:A.

blondinia [14]

Answer: option B is correct

Explanation: In simple words demand deposit is similar to those funds held in a checking account. Demand deposits serves as the base of the money supply of the country.

Demand deposit can be computed using following formula :-

$=\:\frac{demand\:deposit}{required\:reserve\:ratio}$

$=\:\frac{1,000,000}{20\%}=\:\$5,000,000$

3 0

3 years ago

Following are financial statement numbers and ratios for CVS Health Corporation for the year ended December 31, 2016. 2016 Total

77julia77 [94]

Answer:

The correct option is B,$6,710 million

Explanation:

First and foremost,one needs to be aware that net operating profit margin(NOPM) of 3.6% was computed by dividing operating profit after tax by the total revenue for 2016,hence we use same formula to determine the net operating profit after tax for 2017 by merely changing the subject of the formula.

NOPM=net operating profit after/total revenue

net operating profit after tax=NOPM*total revenue

NOPM remains at 3.6%

total revenue for 2017=total revenue for 2016*(1+growth rate)

total revenue for 2016 is $177,526 million

growth rate is 5%

total revenue for 2017= $177,526*(1+5%)=$ 186,402.30 million

Net operating profit after tax= 186,402.30 *3.6%=$ 6,710.48 million

Approximately $6710 million

8 0

3 years ago

Peggy-Sue's cookies are the best in the world, or so I hear. She has been offered a job by Cookie Monster, Inc., to come to work

Ivan

Answer:

Accounting profit $103,000

Economic profit(loss here) is -$64,000

She should rather take the job at Monster Inc as she is not enjoying an economic profit

Explanation:

In this question, we are asked to calculate the economic and accounting profits for Peggy-sue’s cookies. We proceed as follows;

Accounting profit(I.e profit without opportunity cost) = 250,000 - 80,000 - 22,000 - 40,000 - 5,000 = $103,000

The Economic profit(profit with opportunity cost) = Accounting Profit - opportunity cost

Let’s calculate the opportunity cost;

Opportunity cost = 160,000( her salary I’d she was working with Monster Inc) + 35,000 * 20%( her investment if she leaves the company) = 160,000 + 7,000 = 167,000

Her Economic Profit = 103,000 - 167,000 = -64 000( a loss in this case)

5 0

3 years ago

Read 2 more answers

Match each scenario with the step in the home-buying process it describes

Tanzania [10]

1 closing,2 appraisal and 4 prequalification

5 0

3 years ago

Read 2 more answers

Coronado Industries can sell all the units it can produce of either Plain or Fancy but not both. Plain has a unit contribution m

Step2247 [10]

Answer:

It will be better to produce all the units of Plain we can sell, then use any remaining machine hours to produce Fancy. This is because Plain, generated more contribution per hour than Fancy.

Explanation:

We have to calculate the Contribution Margin per machine hours

This means check which product makes a better use of the scarse resourse

$\frac{Plain\: CM}{Plain \: Machine \: Hours } = CM \: per \:Machine\:Hour\\\\ 80 \div 2 = 40$

$\frac{Fancy\: CM}{Fancy\: Machine \: Hours } = CM \: per \:Machine\:Hour\\\\ 93 \div 3 = 31$

It will be better to produce all the units of Plain we can sell, then use any remaining machine hours to produce Fancy

6 0

3 years ago