<span>This would be a way to lower the money supply. By discouraging bank loans, there becomes fewer overall dollars in the hands of the general public. Fewer dollars held by people overall equals a smaller overall money supply. Bank loans to the public would be a way of increasing the money supply, in the opposite instance.</span>
Answer:
a. True
Explanation:
Godiva is a well known chocolate shop and Hershey is renowned all over the world. To take over the market control both have divided consumers into different categories, e.g. luxury of buying chocolates versus cost-conscious who are willing to pay a subsequent amount only and those who are looking for quick energy boost so good labeling than those looking for a gift to loved ones so better outlook, although both have industries in the same market.
Answer:
58,350 dollars
Explanation:
In straight line depreciation, we calculate annual depreciation by using the formula shown below:
Annual Depreciation = 
Given,
Cost is 72,540
Salvage Value is 1590
Useful Life = 15 years
We have:
Annual Depreciation = 72540-1590/15 = 4730
At end of Year 3, the total depreciation would be:
4730 * 3 = 14,190
The remaining value of the item would be:
Cost - Total Depn for 3 years
72,540 - 14,190
= 58,350 dollars
