As a member of the Federal Reserve Board, in an inflationary situation I would suggest a change in the federal funds rate that would be accomplished by raising the base interest rate of the US economy. This would make bonds more attractive and people would stop consuming to invest in public debt securities. In addition, raising interest rates would discourage credit, causing banks to lend less. Since inflation is a monetary phenomenon caused by the excess of currency in circulation, these measures would have a downward effect on inflation, as they reduce the amount of money in circulation in the economy.
Answer:
85 less rooms this year than last
Explanation:
The number of rooms (n) occupied for this month last year is given by the Room Revenue ($231,470) divided by the daily rate ($76.72):
The number of rooms occupied last year is larger than the number of rooms occupied this year by:
The hotel occupied 85 less rooms this year than last.
Answer: $6,600
Explanation:
Income, although not typically in a taxpayer’s possession, is usually constructively received in the taxable year which is when it is credited to the person's account, or made available so that the person may draw upon it at any time, or could have drawn upon it in the taxable year when the notice of intention to withdraw has already been given.
However, income is not constructively received when the taxpayer’s control of receipt is subject to limitations or restrictions. In this case, the last month’s rent ($600 security deposit) has already been constructively received and is included; but, the rent that was received in January for the December rent has not been constructively received and is therefore not included for a total of $6,600 which was derived from the [$600 deposit which was last month rent + ($600 × 10 months Feb-Nov)].
= $600 + $6000
= $6600
The ending inventory at the end of the second period is 400 units
What is ending inventory?
Ending inventory means the quantity of stock left unsold at the end of a period.
It is determined as beginning inventory plus production units minus quantity sold or demanded.
Ending inventory first month=500+1000-900
Ending inventory first month=600
Ending inventory second month=600+1000-1200
Ending inventory second month=400
Find in the link below further explanation on ending inventory.
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Answer:
Any enumeration of business processes should strive for a reasonably detailed outcome, which needs to be aligned with the organization’s specific goals of process management. For most organizations, as a rule of thumb, this will boil down to a dozen to a couple of dozens of business processes. Very large and diversified organizations might be better off with identifying a couple of hundred processes. To illustrate this: Within a multi-national investment firm, which employs close to 3,000 staff and holds assets in the range of € 300 million 120 different business processes have been identified. To each of these business processes a process owner is assigned, who oversees the performance of the process and monitors the achievement of its objectives in terms of customer satisfaction, profitability, and accountability. Detailed process models are kept up-to-date, both as a means for documenting planned changes to any process and for satisfying the requirements of financial authorities. By contrast, for a small medical clinic in the Netherlands, which employs medical specialists, nurses, and administrative staff, 10 different treatment processes have been identified. A few of these have been mapped in the form of process models and are now in the process of being automated with a business process management system. For all other processes, it is sufficient to be aware of the distinctive treatment options they can provide to different patient categories.
