Answer:
The change in checking deposit is equal to $22,727.27.
Explanation:
An amount of $2,500 is deposited in a checking account.
The required reserve ratio is 0.11 or 11%.
A part of this deposit will go to the required reserve and the rest will be added in the checking deposit of the bank.
The change in the checking deposits will be
=
amount deposited
= 
= $22,727.27
Answer:
Consumers should choose to take the flight.
Explanation:
The price of a rental car = $50
Marginal utility from the car = 20 utils
Now find the per dollar utility from car = $50 / 20 = 2.5
The price of a flight = $85
Marginal utility from the flight = 30 utils
Now find the per dollar utility from flight = $85 / 30 = 2.83
Since the per dollar, MU is greater in the case of flight so consumers should choose to take the flight.
Answer:
Contingencies are potential liabilities that might result because of a past event
Explanation:
Reasonably possible losses are only described in the notes and remote contingencies can be omitted entirely from financial statements.
Answer:
software as a service (SaaS)
Explanation:
Software as a service -
It is the model of software distribution , where the third - party provider hosts the applications and provide them to the customer on the internet .
It is the one of the main categories of the cloud computing .
It is similar to application service provider , even the host is similar to that of the ASP .
In this model , the provider gives a network based access to the customer .
Answer:
profit increase by 750 dollars
Explanation:
We must base our analisys considering only the loan board associated cost:
<em><u>contribution per long board:</u></em>
300 sales price - 225 variable cost = $75
total contribution for 250 units:
250x$75 = 18,750
<em><u>increase in fixed cost:</u></em>
69,000 - 51,000 = 18,000
incremental operating profit:
18,750 contribution - 18,000 fixed cost = 750