Answer:
$21.6 trillion
Explanation:
Equation of exchange = ( money supply × velocity) = ( Price × output )
=$12 trillion × 1.8 = $21.6 trillion
I hope my answer helps you
The required excel function which calculates the amount of commission for July is <em>=IF(B9>=275000, B9*0.26, B9*0.17)</em>.
- The IF function in excel uses the syntax ; <em>=IF(condition, statement 1, statement 2)</em>
- The first argument in the function is the condition which is to check if the value in <em>B9 is greater than or equal to 275000</em>.
- Next argument is the statement to execute if the condition is true, which is to multiply the value in B9 by the commission percentage ; 26%
- Next argument is the statement to execute if the condition is False, which is to multiply the value in B9 by 17%.
Therefore, the required expression is <em>=IF(B9>=275000, B9*0.26, B9*0.17)</em>
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Answer:
B
Explanation:
The main of financial management is maximization of shareholders' investment in the company.Whereas the metric for shareholder's investment is the current share price
To maximize share price the company must post positive earnings ,grow its asset base as well as pay dividends from profits realized.Such company is then perceived worthy of investing in and many investors are happy buying its shares.
Judging from the law of demand,the higher the quantity demanded the higher price set .
Answer:
The correct option is B. Although the budget is strained, PQR Inc. refuses to cut the training budget because when employees keep their professional knowledge current, they are more likely to be innovative.
Explanation:
It was best for PQR Inc. to not cut the training budget because properly trained staff can be very economical for the company. When a budget is planned for the training of the employees and the workers are trained time to time with new techniques then it leads to better performance by the employees. It would also increase the self-esteem of the workers as they would recognize the importance of a task and will come up with new ideas to perform the tasks in a much better way.
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