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Aleks04 [339]
2 years ago
11

Reserves are funds set aside for emergencies, such as a rush of withdrawals. true or false

Business
1 answer:
Nataly [62]2 years ago
8 0

Answer:

true and False. not only that.

Explanation:

please do your research, also used for economic dis stress and so on. Hope I gave you a helping hand!

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Candy Company had sales of $320,000 and cost of goods sold of $112,000. What is the gross profit margin (ratio of gross profit t
Strike441 [17]

Answer:

The gross profit margin of Candy Company is 65% (second option)

Explanation:

The gross profit margin is defined as:

Mg = (sales - costs) / price of sales  

If for Candy Company the cost are $112,000 and sales $320,000 then the gross profit margin is:

Mg = ($320,000- $112,000) * 100% / $320,000  =  

Mg = $208,000 * 100% / $320,000  =  0.65 * 100%

Mg  =  0.65 * 100%  

Mg  =  65%  

6 0
3 years ago
Consider the following data, which shows the quantities and prices of two goods produced in the economy, to answer the following
maw [93]

Answer:

$250 million

Explanation:

Given that,

Cell phones:

Quantity produced = 5 million

Price per cell phone = $100

Pizza:

Quantity produced = 25 million

Price per pizza = $10

The market value of pizza is determined by the product of quantity produced and price of each pizza.

Market value of pizza:

= Quantity produced × Price per pizza

= 25 million × $10

= $250 million

8 0
3 years ago
Explain two factors have affected the organisation of the businesses functional activities
Romashka [77]

Answer:

The two factors that affect the organization of businesses functional activities are ;

Strategy

Technology

Environment

Explanation:

Strategy determines the approach or the course of action to direct the activities of the organization of businesses. Strategy is the innovation room where new approach to solving a problem is discovered and implemented.

Technology; the technology for manufacturing goods and services affect the organization of business functional activities.

4 0
3 years ago
Why is important to have a checking account savings account and certificate of deposit?
alexdok [17]

Answer:

So you can be prepared to handle future responsibilities about finances.

Explanation:

One prime example would be when you go to college you need to make decisions whether to keep the money or give it away for some fragile reasons/needs. Maintaining a checking account instills the habit to grow & safeguard the savings you might make working after school. Just my two cents! :)

3 0
3 years ago
What is the definition of abuse
shusha [124]

Answer:

The improper usage or treatment of a thing, often to unfairly or improperly gain benefit. Abuse can come in many forms, such as physical or verbal maltreatment, injury, assault, violation, unjust practices, crimes, or other types of aggression.

Explanation:

8 0
3 years ago
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