Track the fraud..........
Answer:
$82.2 billion
Explanation:
Given that
Net worth = $79.0 billion
Gains = $3.20 billion
The computation of the new net worth is shown below:
= Net worth + gains in value
= $79.0 billion + $3.20 billion
= $82.2 billion
= 8.2 × 10^10 billion
Simply we added the net worth and gains in value so that new net worth could have come.
Hence, her new net worth is $82.2 billion
Answer:
Break-even point in units= 14,000 units
Explanation:
Giving the following information:
Selling price= $60
Variable costs are $30 per unit
Fixed costs total $120,000.
Desired profit= $300,000
<u>To calculate the number of units to be sold, we need to use the following formula:</u>
Break-even point in units= (fixed costs + desired profit)/ contribution margin per unit
Break-even point in units= (120,000 + 300,000) / 30
Break-even point in units= 14,000 units
Answer:
Teleconferencing information technology, and telecommuting
Explanation:
Firms usually eliminate sales offices to reduce operational cost of the company. The telecommunication system and telecommuting has helped firms to remove fixed assets, because nowadays everything is reported to the main office through IT. The globalization has helped firms to reduce costs and improve revenues by adopting new technologies such as internet and telecommuting.
Answer:
The correct answer is:
- Conduct monetary policy;
- Ensure that the financial system is stable;
- Provide banking services to commercial banks, depository institutions, and the federal government.
Explanation:
A central bank is the apex monetary authority in a country. It plays several crucial roles in the smooth working of the economy.
- A central bank issues currency on behalf of the government.
- It formulates monetary policy on behalf of the government.
- It acts as a banker for the government.
- It acts as a banker for commercial banks.
- It supervises all financial institutions.
The role of providing services to businesses and consumers is played by commercial banks. Fiscal policy is formulated by the government. The responsibility of ensuring the growth of the economy also falls with the government.
