The best type of account for Jorge, who has $300 for work he performed and expects to spend the money in the next few weeks to buy a new bike is checking account. A checking account is useful for money that you will be spending soon, like in Jorge's case. Checking account can be accessed using checks, automated teller machines and electronic debits.
Answer:
The correct answer is number "3": Create a new Support Process.
Explanation:
Support processes have are meant to ensure the main processes of the company's operations will work. In Salesforce, they can be created by going to "Setup" and selecting "Support Processes". After clicking "New", we should rename the support process. Finally, we must tap the "Save" button so the changes are stored.
Answer
D) compared to the EOQ, the maximum inventory would be approx 30% lower.
Explanation
EOQ = √(2*Co*D/Cc)
EPQ= √ (2*Co*D/(Cc*(1-x)))
x=D/P
D = demand rate
P =production rate
Co=ordering cost
Cc=holding cost
1) The production rate would be about double the usage rate.
hence, P = 2D
x=D/2D=0.5
EPQ= √ (2*Co*D/((1-0.5)*Cc))
EPQ= √ (2*Co*D/0.5Cc)
EPQ=√ (1/0.5)*EOQ
EPQ=√ (2)*EOQ
EPQ=1.41*EOQ
Hence, EPQ is around 40% larger than EOQ.
Ans.: c) EPQ will be approximately 40% larger than the EOQ.
2) Compared to the EOQ, the maximum inventory would be
maximum inventory = Q
EPQ = 1.41 EOQ
EPQ = 1.41*Q
Q=EPQ/1.41
Q=0.71 EPQ
Hence, compared to EOQ, maximum inventory in EPQ is only 70% of that in EOQ model.
Answer:
b.to evaluate the company's stock performance
Explanation:
Evaluating a company stock performance would interest investors more than the managers of the company. Investors are profits driven. Their primary concern is to predict the future price of a stock as accurately as possible and profit from the price movement.
Managers are concerned with the profitability and long term growth of the company. They use managerial information to understand the current state and make better plans for the future. Managers use managerial reports to identify areas that need cost-cutting to maximize the profits.
Answer:
$8,181.81
Explanation:
Data provided in the question:
Amount deposited in the checking account = $1,800
Required reserve ratio = 0.220
Now,
Change in the checking deposits is calculated as:
⇒ ( Amount deposited ) × ( Money multiplier )
also,
Money multiplier =
or
⇒ Money multiplier = 
or
⇒ Money multiplier = 4.54
Therefore,
Change in money supply = $1,800 × 4.54
or
⇒ Change in money supply = $8,181.81