The major purpose of the Federal Reserve buying government securities in open market operations is to allow banks to increase their lending. The Federal Reserve system is the central bank of the United States. It performs different functions to keep the effectiveness of the U.S. economy and the public interest operational.
(a)As per Du-Pont equation:
Return on Assets (ROA) = Net profit margin * Total assets turnover
9.8% = 12.25% * total asset turnover
Total asset turnover = 0.098/0.1225 =0.8
Total asset turnover = 0.80
(b) As per Du-Pont equation:
ROE = Net profit margin * total asset turnover 8 * Equity Multiplier
18.25% = 12.25%*0.8* Equity Multiplier
Equity multiplier = 0.1825/(0.1225*0.8) = 1.86
Equity multiplier = 1.86 times
Answer:
$68.11 per hour
Explanation:
Labor productivity is measured as total output value per labor hour, or how much money (total units produced x unit price) is produced during each labor hour.
Flagstaff has 8 workers and each one has worked 45 hours during the first week of March = 8 x 45 = 360 total labor hours
total output during the first week of March was worth = (52 second garments x $100 per unit) + (92 flawless garments x $210 per unit) = $5,200 + $19,320 = $24,520
labor productivity = $24,520 / 360 hours = $68.11 per hour
