Answer:Inventory on hand Balance at the end = $4620
Explanation:
The question is unclear with regards to the requirements. however having dealt with questions of this nature in the past, I will assume the question requires us to calculate the cost of inventory on hand.
Opening Inventory balance = 180 x $28 =$5040
Purchased inventory = 290 x $30 = $8700
Cash sale (330 x $44) = $14520
Purchase inventory (230 x 34 ) = $7820
Cash sale (55 x $44) = $2420
Inventory on hand Balance = 5040+ 8700 - 14520 + 7820 - 2420
Inventory on hand Balance at the end = 4620 = $4620
Answer:
a giant corporation composed of many smaller corporations.
Explanation:
This option is not 100% right, but the other options were completely wrong. A conglomerate is a corporation that operates in totally different and unrelated industries. For example, a conglomerate can operate in the energy sector, financial services, education services, cruise lines, and agriculture. No two industries are even related to one another, and that is what operates a conglomerate from a normal corporation. E.g. Samsung is a conglomerate because it operates an electronics business, manufactures cars, builds ships, operates funeral homes, etc.
Answer:
see below
Explanation:
The government takes contractionary measures to check against rising inflation. Contractionary policies reduce liquidity in the market, thereby reducing the rate of money circulation.
<u> Four measures that may control inflation include</u>
1<u>. Increasing interest rates</u>: An increase in interest rates increases the cost of borrowing money. When the cost of money becomes expensive, firms and households reduce the borrowing rate, reducing the money supply rate. In turn, the inflation rate declines.
2. <u>Increasing reserve requirement:</u> Reserve is the proposition of customer discounts that commercial banks are expected to maintain at their custody at all times. Increasing the reserve requirement means banks will reduce lending, thereby reducing the money supply in the economy.
3. <u>The open market sells</u>: The government makes available many treasury bills and bonds for purchase in the market. It offers attractive rates that encourage banks and other institutions to buy them. Buying the treasury bills means banks will use a substantial percentage of customer deposits on treasury bills other than lending to customers. Open market sales mop up excess liquidity in the markets, reducing the rate of cash circulation.
4. <u>Reduction of government spending:</u> Government spending is a fiscal policy tool. The government is a big spender in an economy. If the level of spending is decreased, the money supply in the economy is reduced.
Answer:
The public debt owed by Eastland is $400 million
Explanation:
In this question, we are asked to calculate the amount of public debt in Eastland.
Public debt refers to the amount of money owed by a country to external borrowers.
It doesn’t include such debt that the country owes itself. For example, debts owed by one agency of government to another.
Hence to calculate the public debt of Eastland, we add the amount of debts owed by citizens of Eastland + Amount of debts owed by foreign citizens in Eastland .
Amount of debt owed by citizens of Eastland is $200 million while the amount of debt owed by foreign citizens is also $200 million.
Mathematically the public debt will be ; $200 million + $200 million = $400 million
The ending balance will be $9.50
Option b
<u>Explanation:</u>
Given:
Principal amount = $100
Annual interest rate = 6%
Compounding is semi-annual
To find: The ending balance
Balance after 6 months = 100+0.06*100/2 = $103
Hence, balance remaining after withdrawal of $100 = $3
Remaining periods =
Balance after 20 years = Future Value (0.06/2,39,0, -3) = $9.50
