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Simora [160]
3 years ago
10

____ 24. the banking system currently has $50 billion of reserves, none of which are excess. people hold only deposits and no cu

rrency, and the reserve requirement is 10%. if the fed raises the reserve requirement to 12.5% and at the same time sells $10 billion dollars of bonds, then by how much does the money supply change?
Business
1 answer:
kramer3 years ago
6 0
Need more information
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The following information was taken from the 2011 income statement of Ultimate Sales: Pretax income, $12,000; Total operating ex
Hitman42 [59]

Answer:

Ending inventory = 14,000

Explanation:

First, we must clear the COSG from the Pretax Income calculation:

Pretax income = Sales revenue - COSG - Total operating expenses

COSG = Sales revenue - Total operating expenses - Pretax income

COSG = 120,000 - 21,000 - 12000

COSG = 87,000

With this data we can clear the ending inventory of the COSG formula:

COSG = Beginning inventory + Purchases - Ending inventory

Ending inventory = Beginning inventory + Purchases - COSG

Ending inventory = 11,000 + 90,000 - 87,000

Ending inventory = 14,000

3 0
3 years ago
A portion of a document that can be formatted differently and separately from the rest of the document is a ________.
a_sh-v [17]
Am not really sure what the answer is but I think its letter D
6 0
3 years ago
When a manager informs employees about the changes taking place in the external and internal environment that will affect them a
sergejj [24]

The answer is disseminator. When a manager informs his or her employees about the changes taking place within the external and internal environment of the workplace, which may affect them and the organization as well, he acts as a disseminator; a disseminator communicates to his or her employees the organization’s vision and purpose. Being a disseminator is part of Mintzberg’s Managerial Roles.

6 0
3 years ago
Brian lives in Chicago and runs a business that sells pianos. In an average year, he receives $793,000 from selling pianos. Of t
umka21 [38]

Answer:

Brian

1. Implicit and Explicit Costs:

Implicit costs:

The rental income Brian could receive if he chose to rent out his showroom

The salary Brian could earn if he worked as a financial advisor

Explicit costs:

The wages and utility bills that Brian pays

The wholesale cost for the pianos that Brian pays the manufacturer

2. Brian's accounting and economic profit of his piano business:

Accounting profit = $62,000

Economic profit (loss) = ($3,000)

Explanation:

a) Data and Calculations:

                               Accounting Profit     Economic Profit

Sales Revenue            $793,000                $793,000

Cost of pianos              430,000                   430,000

Wages and utility bills   301,000                    301,000

Implicit (Opportunity) Costs:

Rent                                                                   15,000

Salary as an accountant                                  50,000

Total costs                    731,000                    796,000

Profit (loss)                  $62,000                     ($3,000)

b) Implicit costs are opportunity costs.  They include the costs that arise from forgone benefits when another opportunity is taken instead of the other.  Explicit costs are costs that are actually incurred by taking an opportunity.

8 0
2 years ago
Is it plagiarism if I take someones stuff off of a website but link the website I took it from afterwards?
charle [14.2K]

Not at all because you're crediting the person who actually is the owner of the information. But if they asked you to put it in your own words, then I suppose it counts as plagiarism.

6 0
3 years ago
Read 2 more answers
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