Answer:
$5,220,128.80
Explanation:
For computing the depreciation expense for 2018 under the units of production method, first we have to determine the per unit which is shown below
= (Original cost - residual value) ÷ (estimated production hours)
= ($40,500,000 - $44,000) ÷ (31,000 hours)
= ($40,456,000) ÷ (31,000 hours)
= $1,305
0.322
Now for the year 2018, it would be
= Production hours in 2018 × depreciation per unit
= 4,000 hours × $1,305
0.322
= $5,220,128.80
Answer:
A banking system has a reserve ratio equal to 15%. For every $100 deposited into the banking system, the bank is required to keep 2 at least ____$15________ on reserve and can therefore lend no more than ___$85______ Instructions: Enter a whole number in each box above.
b. For this banking system, the money multiplier is equal to_____6.67_____meaning that $100 of cash deposited into the banking system 4 points can be turned into ___$667________ deposits through the money creation process.
Explanation:
a) Reserve Ratio: This is the portion of deposit liabilities that commercial banks must keep, rather than lend out or invest as determined by the country's central bank. In the United States, the Federal Reserve determines the Reserve Ratio and uses it to control the money supply in the economy.
b) The Money Multiplier refers to the change that happens when an initial deposit leads to a bigger final increase in the total money supply. For example, a commercial bank has deposit liability of $1 million and this leads to a final money supply of $10 million. The money multiplier is 10. The formula for calculating the money multiplier is 1/RR, where RR is the Reserve Ratio. This means that the money multiplier is a function of the reserve ratio.
Answer:
The correct option is A
Explanation:
BOP termed for the Balance of Payment, which is a record or the details of the all transactions of economy among the resident of the country with the rest of the world for a specific period or time.
So, when the BOP is in surplus, means boosts the economic growth so should consider revaluing the currency and the countries with BOP deficit, does not boost the economic growth, so should consider the devaluing the currency.
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Answer: d) The ratio considers differences between the market shares of the top four firms. It is NOT a feature of the four-firm concentration ratio.
Explanation:
The concentration index of a market is the market percentage of a number of companies in that market with respect to its total size. It is used to calculate the domain of one or more companies in their respective market. It is used to calculate the domain of one or more companies in their respective market. Therefore the concentration ratio of 4 companies calculates the total market percentage of these 4 companies and presents with respect to the total market, so it does not take into account the differences between the market shares of the four main companies.
