The term fractional reserves refers to<span>Reserves being a fraction of total deposits</span>
A demand curve is the numbers of a demand schedule plotted onto a graph, therefore I believe the answer you are looking for is demand schedule.
Hope this helps!! (:
Answer:
the Education and Training cluster
Explanation:
The Education and Training career cluster comprises of tutors, teachers, and instructor professionals. The Elementary School Principal is a trained teacher. He or she has specialized in elementary education, besides the normal teacher training.
The education cluster also employs school counselors and psychologists who offer support, guidance, and counseling services to students.
Answer:
Operating Income Using Full Costing $
Operating income based on marginal costing 70,000
Add: Difference in inventory valuation (5,000 x $8) 40,000
Operating income based on absorption costing 110,000
Explanation:
In this case, we need to calculate difference between closing inventory and opening inventory (50,000 - 45,000= 5,000 units). The difference in inventory is valued at fixed factory overhead application rate of $8. The value of difference in inventory is added to the operating income reported by marginal costing.
Answer: You or your company should pay the $500 and lock the rate.
Explanation:
You had already given your customer reasonable assurance that you would lock the rate so this is what they expect. You must therefore do as you have promised to your customer regardless of what the cost would be because the fault here lies with you.
You should therefore pay the $500 unless there is some company policy that allows them to pay it instead. Once done, you will be able to lock in the rate and fulfill your obligation to your customer.
