Answer:
The correct answer is:
$3,000; $3,000; $3,000; $15,000; $5,454.54
Explanation:
An economy contains 3,000 bills of $1.
If people hold all the money as currency,
the quantity of money in the economy
= 3,000
$1
= $3,000
If people hold all money as demand deposits and maintain 100% reserves
The quantity of money is
= 100% of $3,000
= $3,000
If people hold equal amounts of currency and demand deposits, and the banks maintain a reserve ratio of 100%
The quantity of money
= $1,500 + 100% of $1,500
= $3,000
If people hold all money as demand deposits and banks maintain a reserve ratio of 20 percent
The money multiplier
= 
= 5
The quantity of money
= 5
$3,000
= $15,000
If people hold equal amounts of currency and demand deposits and maintain a reserve ratio of 20%,
Currency = Demand deposits
10
($3,000 - C) = D
$30,000 - 10C = D
We can also write this as,
$30,000 - 10D = D
$30,000 = 11D
D = 2,727.27
So the quantity of money will be
= $2,727.27 + $2,727.27
= $5,454.54
Answer:
C. Cultural and organizational changes
Explanation:
The many northern american companies required to make the cultural and organization changes prior to the approaches i.e. lean that implemented successfully as if we bring the changes like cultural and organizational one so it would become very challenging task
Therefore as per the given situation the option c is correct
And, the rest of the options are wrong
Answer:
$21,150
$15,900
Explanation:
The computation of the warranty expense is shown below:
= Sales × given percentage
= $1,410,000 × 1.5%
= $21,150
The computation of the actual costs of servicing products under warranty during the year is shown below:
= Opening balance of estimated Liability account + warranty expense - ending balance of estimated Liability account
= $13,050 + $21,150 - $18,300
= $15,900
Answer:
Change in an organization leads to many positive aspects – that lead to retaining a competitive edge and also remaining relevant in your business area. Change encourages innovation, develops skills, develops staff and leads to better business opportunities and improves staff morale
hope this helped you
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