All categories

3 years ago

Tom to a job at a grocery store during his summer break. At the end of the summer,

Business

2 answers:

Nonamiya [84]3 years ago

8 0

Answer:

if Tom saves 2 percent of money in saving accounts he will have963,600 at the end of year

Aleksandr [31]3 years ago

4 0

Answer:

the answer is

if Tom saves 2 percent of money in saving accounts he will have963,600 at the end of year

You might be interested in

A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $2,100 and is

gulaghasi [49]

Answer:

Period cost= $840

Product cost= $1260

Explanation:

Product costs are the direct costs involved in producing a product.

Period costs are not directly tied to the production process.

The insurance premiums that a company pays for nonmanufacturing protection will be expensed in the period in which the insurance premiums expire. However, the insurance premiums for the manufacturing operations will become part of the product costs as the insurance premiums expire.

In this exercise:

Period cost= 2100*0,40= $840

Product cost= 2100*0,60= $1260

3 0

3 years ago

Assume that there is a 25 percent reserve ratio and that the Federal Reserve buys $200 million worth of government securities. I

pickupchik [31]

Answer:

$150 million

Explanation:

The reserve requirement is the amount of money required by the Fed for banks to keep as reserves.

If the reserve ratio is 25%, when the Fed buys securities of 200 million, the reserve would be 0.25 x 200 =$50 million

The amount that would be available for lending would be ($200 - $50) million = $150 million

Money supply would increase by a maximum of $150 million

I hope my answer helps you.

3 0

4 years ago

Which do you prefer black or blue jeans and why

notka56 [123]

Black, so A. you look slimer and B. they are very practical.

8 0

3 years ago

Read 2 more answers

If a monopolist could perfectly price-discriminate: (LO1, LO4) a. The marginal revenue curve and the demand curve would coincide

dybincka [34]

Answer:

a. The marginal revenue curve and the demand curve would coincide.

Explanation:

Monopolistic competition can be defined as the market structure which comprises of elements of competitive markets (having many competitors) and monopoly. Under monopolistic competition, organizations

If a monopolist could perfectly price-discriminate (LO1, LO4), the marginal revenue curve and the demand curve would coincide.

4 0

3 years ago

Cullumber Products plans to produce 10200 units in January. Each unit requires 6 pounds of plastic, which costs $5 per pound. Wh

yKpoI14uk [10]

Answer:

Standard direct material cost= $306,000

Explanation:

Giving the following information:

Cullumber Products plans to produce 10,200 units in January. Each unit requires 6 pounds of plastic, which costs $5 per pound.

First, we need to calculate the standard pounds needed:

Standard pounds of plastic= 10,200*6= 61,200 pounds

Now, the standard cost:

Standard direct material cost= 61,200*5

Standard direct material cost= $306,000

3 0

3 years ago