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jeka57 [31]
3 years ago
13

Joy's Java Café needs $4,000 cash per day for customer transactions. Joy has a choice between going to the bank first thing on M

onday morning to withdraw $20,000 - enough cash for the whole week - or going to the bank first thing every morning for $4,000 each time. Joy puts the cost of going to the bank at $3 per trip. Assume that funds left in the bank earn precisely enough interest to keep their purchasing power unaffected by inflation. Joy's Java Cafe is open 5 days a week for 50 weeks each year. When the inflation rate is 10% Joy goes to the bank everyday instead of once a week. Joy's annual shoe leather costs of inflation equal _.'
Business
1 answer:
mezya [45]3 years ago
8 0

Answer:

$600

Explanation:

Given:

Total number of week = 50 Trip

Each trip cost = $3

Number of working days in a week = 5

After 10% Inflation rate number of trip = 50 (one day in a week = 1 x 50 weeks )

Calculation:

Without inflation Trip = 50 trip x 5 Days

                                   = 250 trip

After Inflation = 250 - 50 Trips

                       = 200 Trips

Total cost = 200 x 3$

                 = $600

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Fiona is a manager at Tune In Solutions. As a leader, she has complete authority to recruit and lay off employees. She also has
Dafna1 [17]

Answer:

A. position power

Explanation:

The person working in the company or organisation , having high position power , plays a very important role .

As the person has got the right to recruit any employees , depending to his or her abilities ,

The person can reward as well as punish the for any good or faulty performance .

Hence , from the given scenario of the question ,

The correct option is A. position power .

5 0
3 years ago
Assume that a tire company sells 4 tires to an automobile company for $400, another company sells a compact disc player for $500
gtnhenbr [62]

Answer:

A) $20,000

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

Items not included in the calculation off GDP includes:  

1. services not rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

The stereo and the tires wont be included in GDP because they are intermediate goods. It is only the final good, the car, that would be included in GDP

3 0
3 years ago
A company normally sells its product for $20 per unit. However, the selling price has fallen to $15 per unit. This company's cur
Paha777 [63]

Answer:$2

Explanation:

A company normally is expected to value it's inventory at the lower of cost or net realisable value. The cost price is the price on purchase of the inventory while the net realisable value is selling price less cost of sales and cost to completion.

The amount of the lower cost of market adjustment the company must make, is the difference between the new selling price of $15 and net realisable value of $13 which is $2.

6 0
3 years ago
Read 2 more answers
An adviser with $133,000,000 of assets under management has its main offices in Illinois and branch offices in Wisconsin, Indian
Annette [7]

Answer: The adviser must register in all the states i.e Illinois, Wisconsin, Missouri and Indiana.

Explanation:

From the question, we are told that an adviser with $133,000,000 of assets under management has its main offices in Illinois and branch offices in Wisconsin, Indiana, and Missouri.

Based on th above scenario, the adviser has to register in all the states where it has offices.

3 0
4 years ago
Return on equity is referred to by the acronym ROI. is an activity ratio. shows how much after-tax profits are generated by each
Ne4ueva [31]

Answer:

measures the rate of return on the book value of shareholders' total investment in the company.

Explanation:

Return on equity is referred to by the acronym ROI measures the rate of return on the book value of shareholders' total investment in the company.

The formula for calculating Return on Investment is Net Profit as a percentage of Total Investment.

Total investment here refers to net worth, which is total assets minus total liabilities; which gives the same value as equity.

That explains why the measure is referred to as Return on equity.

4 0
3 years ago
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