A country is possibly over investing in human capital if people are not educated enough to fill existing job openings is false. A country would be over investing in human capital if people were overqualified for the jobs that were available. A good example of this would be a lawyer only able to get a job at a department store. The lawyer is well overqualified for the job however, that is all they can find available.
Answer:
$200,000,000
Explanation:
Given that:
Amount of securities purchased = $10 million
Desired reserve ratio = 0.05
The bank's excess reserve :
Money multiplier * amount of securities purchased
Money multiplier = 1 / reserve ratio
Money multiplier = 1 / 0.05 = 20
Excess reserve = 20 * $10,000,000
Excess reserve = $200,000,000
The correct choices are;
<u>"A. knowing rights and responsibilities relating to money transfers </u>
<u>C. notifying the bank of lost credit or debit cards".</u>
The Electronic Funds Transfer Act is a government law that secures shoppers occupied with the exchange of assets through electronic techniques. This incorporates the utilization of charge cards, computerized teller machines and programmed withdrawals from a financial balance. The demonstration likewise gives a methods for rectifying exchange blunders and restricts the risk from any misfortunes because of a lost or stolen card.
Answer:
a. Amount of bad debts = Sales * (Bad debts %) = $51,850,000 * 0.25% = $129,625. Thus, the amount of the adjusting entry for uncollectible accounts is $129,625.
b. The adjusted balances are as follow
Accounts Receivable $2,150,000
Allowance for Doubtful Accounts $119,125 (129,625 - 10,500)
Bad Debt Expense $129,625
c. Net realizable value of accounts receivable = Balance of accounts receivables - Allowance for Doubtful Accounts
Net realizable value of accounts receivable = $2,150,000 - $119,125
Net realizable value of accounts receivable = $2,030,875
Answer:
B. Have employees in marketing communicate customer feedback to employees in research so that people in research work to solve customers’ problems.
C. Make sure technical employees are aware of the latest technological innovations and engage in cross-functional discussion about how they could be used to achieve competitive advantage.
D. Establish a cross-functional team with members from research, manufacturing, and marketing departments to guide a new product’s development from beginning to end.
Explanation:
To foster innovation and creativity in the company needs to create a cross-functional team to handle new ideas, this will result in every department providing relevant input that will make the idea a success.
Reduction in interdepartmental barriers will help in knowledge sharing between colleagues in different departments.
Customer feedback is very important as this makes the team focus on competitive advantage while bringing new solutions to the customer. If a new product is introduced and customers do not buy then the main aim of innovation is defeated.
A central structure discourages innovation, but a flat structure where each employee can provide valuable input fosters innovation.
