Answer:
The correct answer is $14.
Explanation:
Location C is at 10 minutes distance from location B and location D is at 10 minutes distance from location C.
This means that location D is at 10 + 10= 20 minutes distance from location B.
A round trip will take 40 minutes
If I go to work for 21 days, the time taken in commuting will be
=
= 840 minutes
or We can say it will take
=
= 14 hours
The value of an hour is given as $24.
So the value of 14 hours will be
=
= $336
Apartment in location D costs $175 less than the apartment in location C and apartment in location C costs $175 less than the apartment in location B.
So, the apartment in location D costs $175 + $175 = $350 less than the apartment in location B.
The net benefit of moving from location B to D is
= savings in rent - additional cost of commuting
= $350 - $336
= $14
Depot Max's inventory turnover for the year is 8.3
Given
Cost of goods sold = $56900
Begining Jovenstory = $6540
Ending Inventory = $7250 .
Average inventory = opening inventory + closing inventory / 2
= $6 540 + $-7250 / 2
Average inventory = $6895
cost of goods old
.: Inventory turnover = cost of goods sold / Average inventory
56900 / 6895
= 8. 252 times
He Depot Max's Inventory 8.3 times (approx ).
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Answer:
11.3%, 1.73
Explanation:
Net income= 43,000
Net sales= 380,500
Total assests= 220,000
Therefore profit margin can be calculated as follows=
Net income/sales
= 43000/380,500
= 0.113×100
= 11.3%
Total assets turnover can be calculated as follows
= 380,500/220,000
= 1.73
the Hence profit margin is 11.3% and total assets turnover is 1.73
If the Federal Reserve decreases the interest paid on banks' reserves, then, it means it is trying to make banks hold less required reserves.
A decrease in interest paid on banks' reserves relates with charging a lower interest rate that ensure that bank keeps borrowing.
- So if Fed wants to give banks more reserves, it will reduce the interest rate it charges, thus, inducing the banks to borrow more.
In conclusion, the Option C is correct because If the Federal Reserve decreases the interest paid on banks' reserves, then, it means it is trying to make banks hold less required reserves.
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Answer:
FV= $4,520.14
Explanation:
Giving the following information:
Face value= $51
Number of years= 2061 - 1952= 109
Appreciation rate= 4.2%= 0.042
To calculate the future value of the coins, we need to use the following formula:
FV= PV*(1+i)^n
FV= 51*(1.042^109)
FV= $4,520.14