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aivan3 [116]
3 years ago
15

Fishing Adventures rents small fishing boats to tourists for day­long fishing trips. Each boat can only carry 1500 pounds of peo

ple and gear for safety reasons. Assume the average weight of a person is 150 pounds. Each group will require 200 lbs of gear for the boat plus 10 lbs of gear for each person. Who want to rent a boat?
Business
1 answer:
galben [10]3 years ago
8 0

Answer:

Who want to rent a boat? 8 person

Explanation:

Carry  1500 pounds    

Carry  200 pouns      

Average  150 pound /person    

Additional10 pounds/person    

     

1500-200=150x +10x

         1300=160x    

        x=1300÷160    

        x=8,12  

 8 person Aditional Gear  

 150          10  

 8           8  

 1200 80            200 1480

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Kramer company started its production operations on August 1st. During August, the printing Department completed 17,600 units. T
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Answer:

Costs of goods transferred out is  $ 785,840

Value of ending inventory is  $26,268

Explanation:

The equivalent units of material cost is computed thus:

Completed units  17600*100% =17,600

Ending inventory 4,400*80%    =3,520

Equivalent units                           21,120

material unit cost =Accumulated materials cost/equivalent units

material unit cost=$45,408/21,120

                            =$2.15

Equivalent units of conversion cost is calculated thus:

Completed units 17,600*100%= 17,600

Ending inventory 4,400*10%  =      440

Equivalent units                         18,040

Conversion unit cost=Conversion costs/equivalent units

                                   =$766,700/18,040

                                   =$42.5

Cost of goods transferred out:

Material costs  17,600*100%*$2.15       =$37,840

Conversion costs 17,600*100%*$42.5 =$ 748,000

Total costs                                                $ 785,840

Costs of ending inventory:

Material costs 4,400*80%*$2.15                = $7,568

Conversion costs 4,400*10%*$42.5           =$18,700

Total cost                                                        $26,268

                                   =

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If the required reserve ratio is 2.50 percent, the monetary multiplier is 40.

The money multiplier gives us the ratio of deposits to reserves (i.e. 1/R). That means, if the reserve ratio is 2.50% (i.e. 0.025), the money multiplier is 40 (i.e. 1/0.025). Thus, an initial deposit of USD 1,000 will end up creating a total of USD 40,000 in new money.

If the monetary multiplier is 5, the required reserve ratio is 20%.

Playing with the original multiplier formula, we can derive that R=1/m (m is money multiplier). If the money multiplier is 5, then the reserve ratio is 20% (i.e. 1/5 or 0.20).

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A new technological breakthrough increases production for an industry and shifts the supply curve to the right. If the firm ____
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Answer:

The correct answer is letter "C": produces products that are considered elastic.

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Thus, if for technological reasons the output of a company increases, considering that the product is elastic, the prices will increases which will provide the organization more revenue. That firm will be more than glad about the technological advance.

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