Answer:
Explanation:
$10,000 to start with.
From USD to pound - (GBP/USD = 1.62). Pounds = 10,000 * (1/1.62) = GBP 6,172.84
From GBP to NZD - (GBP/NZD = 2.95). NZD = 6,172.84 * 2.95 = NZD 18,209.88
From NZD to USD - (NZD/USD = 0.55). USD = 18,209.88 * 0.55 = USD 10,015.43
$10.015.43>$10,000
Profit from implementing the strategy is 10,015.43-10,000 = $15.43
Answer: Capital investment in new machinery
Capital investment in new machinery enables a company to produce more over a given period of time as compared to the old machine.
It also helps the company to take advantage of new orders in the markets and helps it increase its share in catering to the demand for its products
Answer:
Fund: General Fund,
Function/Program: Public Safety,
Organizational Unit: Police Department,
Activity: Patrol services,
Object: Uniforms
Explanation:
Fund: General Fund,
Function/Program: Public Safety,
Organizational Unit: Police Department,
Activity: Patrol services,
Object: Uniforms
Answer:
(A) 22,222.22
(B) 57,142.86
Explanation:
we will divide the deposit by the reserve requirement to know how much will expand the money supply.
4,000/0.18 = 22,222.22
4,000/0.07 = 57,142.86
The reasoning behind this multiplier effect is the following:
you deposit 4,000
the bank leave 18% = 920
And lend the remaninder: 3,080
Then, when this are deposit, again takes the minimun reserve and lend the remainder:
3,080 x 18% = 554.4
3,080 - 554.4 = 2,525.6
This process is repeated giving diminished amount to money available to lend. Thus, finding a limit on the division between fund and reserve requirement.
4,000/0.18 = 22,222.22
Answer:
D. More Units may be sold - but total revenue will be less than it would be at the higher price
Explanation:
Marginal Revenue (MR) represents the additional revenue that can be obtained if sales of a product are increased by one unit.
MR= is change in Total Revenue/Change in Total Output Quantity
In this situation as envisaged by the Marketing Manager, a price cut will lead to an increase in revenue based on more (marginal) units of the product sold at a lower price. The challenge, however, is that this increase in income will not be enough to offset the decrease in revenue that will result as a result of the price cut.
In other words, the organisation is better off selling fewer products or units at its current price than sell more (marginal units) at a reduced price.