Answer:
One typical example of this linkage between the economy at the macroeconomic level, and business decisions at the macroeconomic and microeconomic level, is what happened with Lehman Brothers in 2008.
Explanation:
Lehman Brothers was one of the main investment banks in the United States. During the years prior to the financial crisis, Lehman Brothers decided to pursue a risky but profitable strategy of over leveraging -lending a lot more money than they had as deposits.
Once the financial crisis hit, a macroeconomic event, it affected the company at the macro and micro level. At the macro level because Lehman Brothers itself ceased to exist as it went bankrupt, and at the micro level, because it had to enter a process to pay off some debtors, and some of the employees who were laid off due to the dissolution of the firm.
Answer:
$1,500
Explanation:
Given the compounding formula 
And given an investment (P), made at 16% compounded annually (r), and an ending amount of $1,740 (A) at the end of the year (n = 1 year), the original amount invested (P) can be computed as follows.
= P = 1,740/1.16 = 1,500.
Therefore, the original investment was $1,500.
Answer:
The correct option is;
Loss of national monetary and exchange rate policy
Explanation:
The disadvantages of the establishment of monetary unions includes;
1) The loss of independence in monetary policy
2) The associated problems that arise due to the the initial establishment of the union
3) Tedious nature of the task of attaining comprehensive capital mobility
The advantages are;
1) Lack of uncertainty in exchange rate variation
2) Reduced cost of doing business
3) Improved fiscal stability as well as control of the inflation rate by supranational central bank.
Answer:
$ 317,000
Explanation:
Octuber Production: 200,000
Variable Overhead: $ 0.80 per unit
Fixed Overhead: $ 157,000
<u>Factory Overhead Budget for Octobe</u>r:
Octuber Production x Variable Overhead = <em>200,000 x 0.80 = 160,000</em>
Variable Overhead: <em>$ 160,000</em>
+
Fixed Overhead: <em> </em><em><u> $ 157,000</u></em><em> </em>
Total Overhead:<em> </em> <em> </em><em>$ 317,000</em><em> ( $ 160,000 + $ 157,000 ) </em>
Answer:
$140,000 and $195,000
Explanation:
The computations are shown below:
Accounting cost would be
= Jill salary + material and other labor costs + Insurance and mortgage payment
= $40,000 + $80,000 + $20,000
= $140,000
The economic cost would be
= Accounting cost + investment left + loss in salary + loss in rent
= $140,000 + $5,000 + $30,000 + $20,000
= $195,000
The loss in salary would be
= $70,000 - $40,000
= $30,000
The loss in rent would be
= $40,000 - $20,000
= $20,000
