Answer:
B) -1 percent.
Explanation:
The computation of the federal fund target rate should be given below;
= Real federal fund rate + current inflation rate + (-current inflation rate - real GDP) + 0.5 real GDP
= 3 + 1 + (-1 - 8) + 0.5 × 8
= 4 - 9 + 4
= -1 percent
Hence, the second option is correct
Answer:
The correct answer is price inelastic.
Explanation:
The price elasticity of demand is the measure of the responsiveness of quantity demanded of a product to the change in its price. It is calculated as the ratio of change in quantity demanded and change in the price.
Relatively inelastic dmeand refers to the situation where a proportionate change in price causes less than proportionate change in quantity demanded.
Here, if a 1% decrease in price causes less than a 1% increase in quantity demanded then the demand is relatively inelastic.
Answer: 11.1 times
Explanation:
Times Interest Ratio = Earnings before Interest and Tax/ Interest
Earnings before Interest and tax = Net Income + Interest + Tax
= 73,300 + 10,500 + 32,900
= $116,700
Times Interest ratio = 116,700/10,500
= 11.1 times
Answer:
Meyers Corporation
Determining the amount of cash flows:
a. $60,000
b. -$45,000
c. -$1,500
d. $6,000
e. -$10,000
f. -$5,000
Classification as operating, investing, or financing activities:
a. Financing
b. Investing
c. Operating
d. Operating
e. Operating
f. Financing
Explanation:
Meyers Corporation prepares the statement of cash flows which classifies its financial activities into three main sections: operating activities, investing activities, and financing activities sections in order to present the statement in clear and understandable formats. This statement is one of the main financial statements that report the corporation's financial position and performance at the end of an accounting period.
The elements that would have to be in place for a contract to be unconscionable would be that
- They were under pressure
- They were misled
- They did not have the right information
<h3>What is meant by a contract?</h3>
This is the term that is used to refer to the fact that two people or more have agreed to do business with themselves.
In order to be a contract, one person would have to create a bargain and the other would be the one that would agree to the terms.
It is unconscionable at the time when the contract is done and the person or one of the parties is found not to have been able to make the contract agreement at their right frame of mind. In this case, the law has the power to protect this party.
Hence they would have to rule in his favor. Therefore to be unconscionable, a contract would have to have been misled, have been made under duress and without the adequate information.
Read more on contracts here:
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