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siniylev [52]
3 years ago
7

A bank that has liabilities of $150 billion and a net worth of $20 billion must have:

Business
1 answer:
Yakvenalex [24]3 years ago
7 0
Had to look for the options and here is my answer. Given that the bank possesses a liability that is worth $150 billion and its net worth is only $20 billion, then this would mean that the bank must have ASSETS OF $170 BILLION. Hope this answers your question.
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The standard cost card for a product indicates that one unit of the product requires 8 kilograms of a raw material at $0.80 per
Likurg_2 [28]

Answer:

Direct material quantity variance= $992 unfavorable

Explanation:

Giving the following information:

Standard quantiy= 8kg

Standard cost= $0.8 per kilogram

Production= 870 unit

8,200 kilograms of the raw material was purchased for $6,888.

To calculate the material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 870*8= 6,960kg

Direct material quantity variance= (6,960 - 8,200)*0.8

Direct material quantity variance= $992 unfavorable

7 0
3 years ago
IBM purchased MRO Software Inc. for $740 million. MRO was a niche provider of software and services to help customers including
Elza [17]

Answer:

acquisition

Explanation:

Since in the question it is mentioned that IBM buy MRO software Inc for $740 million where the MRO is a niche provider that help the customers. While on the other hand the IBM plans to fold MRO into the unit of software

So, this is an example of the acquisition as IBM buy the MRO software

hence, the same is to be considered

6 0
3 years ago
How useful is GDP as an economic indicator? Answer in 4-6 sentences.
kherson [118]

Answer:

it represents the value of all goods and services produced over a specific time period within a country's borders.

Economists can use GDP to determine whether an economy is growing or experiencing a recession.

Investors can use GDP to make investments decisions

a bad economy means lower earnings and lower stock prices.

Explanation:

good luck

4 0
3 years ago
Since the politicians are unwilling to get rid of the rent controls, they offer you a list of suggestions to make housing more a
nika2105 [10]
<span>For statement 1; Government provided housing, this may be costly but the way that the people are provided with houses can decrease the number of homeless people. For statement 2; Tax deductions to renters, this has been going on for thousand years, taxes are used to provide services to people if the government properly used it. For statement 3; Tax breaks to construction companies who provide affordable housing, this is common to developers who intend to maximize their profit and the available area for people whose income is not that high. I would suggest statement 3.</span>
6 0
4 years ago
As governor, Marcy has decided that anyone who works but earns less than $20,000 a year will have their health insurance premium
harina [27]

Answer:

They have risen.

Explanation:

Demand has increased, but supply has remained constant.

8 0
3 years ago
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