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Maru [420]
3 years ago
6

A bank developed a model for predicting the average checking and savings account balance as balance = -17,732 + 367 * age +1300

*years education + 0.116 * household wealth.
a. Explain how to interpret the numbers in this model.
Business
1 answer:
Ann [662]3 years ago
6 0
We are given with the equation
<span>balance = -17,732 + 367 * age +1300 *years education + 0.116 * household wealth

</span>-17,732 is a constant amount credited from the savings acount
367 is the amount saved per year of age
1300 is the amount saved per year of education
0.116 is the amount save per household wealth
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All of the following are material resources for Toyota Motor Company except a. money. b. paint. c. steel. d. tires. e. factory.
Elodia [21]

Answer:

correct option is a. money

Explanation:

solution

we know that Toyota Motor Corporation is a Japanese automotive manufacturer company

so they material resource are paint and steel and tire and factory etc

but not money because money is a financial resource not a material resource

and all resource is depend on money

so here correct option is a. money

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As the price level declines along the aggregate demand curve, the interest rate is most likely to:___________.
lbvjy [14]

Answer:

a. Decline

Explanation:

Whenever there is a reduction in the price level, this results in gains in the real money supply which eventually moves the LM curve to the right.

Hence, given that, the IS curve has a downward slope, the IS and LM curves will meet at a higher level of income and a lower interest rate.

Therefore, the correct answer, in this case, is Option A: DECLINE

Note LM means Liquidity and Money

While IS means Investment and Savings.

3 0
4 years ago
Describe the best structural configuration for an organization?
tiny-mole [99]

Explanation:

The structural configuration in an organization corresponds to a model that helps in understanding the organizations existing in a company for the development of effective strategies.

In order to establish the configuration, all parts of the organization, design parameters, situational factors and coordination mechanisms must be simulated, so that there is an integrated understanding so that it is possible to establish which strategic management model will be ideal for each type of organization. structural configuration.

There are seven types of organizational configuration:

  1. business organization,
  2. machine organization,
  3. professional organization,
  4. diversified organization,
  5. innovative organization,
  6. missionary organization and
  7. political organization.

There are also the forces associated with the structural configuration, such as: learning, efficiency, direction, proefficiency, responsibility, cooperation and competition.

For a company to develop the best structural configuration, it must be evaluated to identify challenges and impediments of the project, so that it is aligned with the organizational values ​​and objectives, so that the structure is integrated and effective.

4 0
3 years ago
Complete each of the following contribution format income statements by supplying the missing numbers.
tangare [24]

Answer and Explanation:

The missing amount is as follows:

a.

Sales revenue = Variable expense + contribution margin

= $232,804 + $130,532

= $363,336

Fixed expense = Contribution margin - operating income

= $130,532 - $21,597

= $108,935

Income tax = OPerating income - net income

= $21,597 - $15,118

= $6,479

b.

Variable expesne = sales revenue - contribution margin

= $485,168 - $171,860

= $313,308

Operating income = contribution margin - fixed expense

= $171,860 - $87,912

= $83,948

Net income = operating income - income tax

= $83,948 - $25,184

= $58,764

c.

Operating income = income tax + net income

= $21,532 + $64,596

= $86,128

Contribution margin = Fixed expense + operating income

= $146,396  + $86,127

= $232,524

Sales revenue = variable expense + contribution margin

= $102,728 + $232,524

= $335,252

d.

Variable expense = sales revenue - contribution margin

= $686,356 - $430,808

= $255,548

Operating income  = income tax + net income

= $60,859 + $182,577

= $243,436

Fixed expense = Contribution margin- operating income

= $430,808 - $243,436

= $187,372

,

8 0
3 years ago
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