Answer:
total expected bonus = $1262800
Explanation:
given data
bonus = $23,000
Probability = 12 percent
bonus = $10,000
Probability = 25 percent
bonus = $6,000
Probability = 8 percent
total sales = 220
solution
first we get probability for bonus amount = $0
probability = 1 - ( 12% + 25% + 8 % )
probability = 0.55
so here Expected bonus per employee company will pay is
Expected bonus = $23000 × (0.12) + $10000 × (0.25) + $6000 × (0.08) + $0 (0.55)
Expected bonus = $5740
so total expected bonus is
total expected bonus = $5740 × 220
total expected bonus = $1262800
Answer: Option (B) is correct.
Explanation:
Given that,
Reserve ratio = 25%
Fed reserve bank sells (securities) to public = $120 million
When a central bank sells the government securities to the public then as a result money supply in an economy decreases. This is an instrument of monetary policy known as " Open market Operations".
The supply of money is directly decreases by $120 million.
and
Money creating potential of banks = Amount of securities × 
= 120 × 
= 120 × 3
= $360 million
Hence, a decrease in money supply could eventually reach a maximum of $360 million.
The factors in society are all around us and them.
As corny as it might sound but the early promoted careers all are because the parents and the teachers and the community.
Answer:
In the United States, a five-star rating system is often used by independent organizations like AAA to rate a hotel. One star is the lowest rating, and five stars is the highest score. Four-Star: Four-star hotels are often noted for their upscale quality and extraordinary comfort
