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3 years ago

What’s a commercial bank most likely going to do with your money when you deposit it?

Business

1 answer:

sasho [114]3 years ago

8 0

Answer:

keep it in-store and safe until you take some out and if it's there for a while ( like after a year or 2) they could take out a dollar each week or 5 dollars a month for the space you're taking up

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Two different methods of solving a production problem are under consideration. Both methods are expected to be obsolete in six

DiKsa [7]

Answer:

10781

Explanation:

In order to find the additional annual revenue for the two method a break even point must be calculated

Method A

=-8000(1.1)^6+20000(1.1)^6-22000-(u)

=-15776.44-22000 -u

=-37776.44-u

Method B

= -52000(1.1)^6+15000(1.1)^6-17000-2u

=9995.4-17000-2u

=-26995.47-2u

Then equate the two equations

-37776.44-u=-26995.47-2u

u=10781

6 0

3 years ago

Selected income statement data follow for Harley Davidson, Inc., for the year ended December 31, 2016 (in thousands): Income bef

Alina [70]

Answer:

D. 35.5

Explanation:

Times Interest Earned

$\frac{EBIT}{Interest \:Expense}$

Where EBIT = Earning before interest and taxes

In your assingment we have the Income before the income taxes, whgich means it is including the interest expense, we need to remove it:

EBT + Interest expense = EBIT

1,023,911 + 29,670 =1,053,581

Now we calculate the TIE

1,053,581 / 29,670 = 35.50997641 = 35.51 = 35.5

The company earns their interest 35.5 times.

6 0

3 years ago

When the price of candy bars is $1.00, the quantity demanded is 500 per day. When the price falls to $0.80, the quantity demande

Wittaler [7]

Answer:

The demand for candy bars is inelastic

Explanation:

The midpoint rule calculate the price elasticity of demand as percentage change in quantity divided by the percentage change in price:

% change in quantity

$\frac{Q_2-Q_1}{ \frac{Q_2 + Q_1}{2} } \times 100$

The quantity demanded increased from 500 to 600. We have

$Q_1 = 500 \: and \: Q_2 = 600$

$\implies \frac{600 - 500}{ \frac{600 + 500}{2} } \times 100 \\ = \frac{100}{ \frac{1100}{2} } \\ = \frac{100}{550} \\ = \frac{2}{11}$

% change in price

$\frac{P_2-P_1}{ \frac{P_2 + P_1}{2} } \times 100$

The price changed from 1 dollar to 0.8 dollars.

$\frac{0.8 - 1}{ \frac{0.8 + 1}{2} } = - \frac{2}{9}$

Price elasticity if demand is

$\frac{ \frac{2}{11} \%}{ - \frac{2}{9} \%} = - \frac{9}{11} = - 0.82$

The negative sign tells us that there is an inverse relationship between price and quantity demanded.

Since 0.82 is less than 1, the demand for candy bars is inelastic

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3 years ago

Please help for my career class please

Julli [10]

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A----- is a plan in which an individual balances available resources and expenses.

Simora [160]

A "budget" is a plan in which an individual balances available resources and expenses.

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3 years ago

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