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2 years ago

9

True or False: Some nonactivists believe in a predetermined-money growth rate, which suggests that the monetary authorities shou

ld target the proper federal funds rate before implementing monetary policies. False

1 answer:

Paraphin [41]2 years ago

6 0

True Some no activist believe in a predetermined money growth rate

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Robert has a monthly income of $1,650.00. His monthly mortgage payment is $675.00. What percentage of his income does Robert spe

makkiz [27]

Answer:B.40.9%

Explanation:

If $675 spend on mortgage and his monthly income is $1650

So the percentage will be:

$675 / $1650 × 100

= 0.409 ×100

= 40.9%

6 0

3 years ago

When you decide to go and have a dinner with your friends in a world class hotel such as the Golden Tulip or La Pleasure Beach,

bezimeni [28]

Answer:

A. Price makers

B. Brand name

Explanation:

A. The hotels charge very high prices for wine and soft drinks because they are not price takers. They do not consider the price prevailing in the market for the products they are offering to the customers. They are price makers and select to charge the price they want to maintain their current hospitality. It their perception that wine and soft drinks are part of luxury. The food is an essential and people are not allowed to bring outside food in the hotel so they will buy it but when they will consume food they will also require the drinks as a part of their meal.

B. The people in today's world are so much brand conscious. They will pay for a name tag so they will be regarded for their high status in the society despite of low quality products. The ease of shopping at the branded stores is another reason for their high sales.

5 0

3 years ago

Suppose Piranha.com sells 3,500 books on account for $17 each (cost of these books is $35,700) on October 10, 2018 to The Textbo

nadezda [96]

Answer:

The journal entries are as follows:

(1) (i) On October 10, 2018

Merchandise inventory A/c (3,500 × $17) Dr. $59,500

To Accounts payable (Piranha) $59,500

(To record the purchase of books)

(ii) On October 13, 2018

Accounts payable A/c (100 × $17) Dr. $1,700

To merchandise inventory $1,700

(To record the purchase return of book)

(2) (i) On October 10, 2018

Accounts receivable A/c Dr. $59,500

To sales

(To record the sales of book)

Cost of goods sold A/c Dr. $35,700

To merchandise inventory $35,700

(To record the cost of goods sold of book)

(ii) On October 13, 2018

Sales return and allowances A/c Dr. $1,700

To accounts receivable $1,700

(To record the sales return of book)

Merchandise inventory A/c Dr. $1,020

To cost of goods sold $1,020

(To record the cost of good return)

5 0

3 years ago

Our company manufactures and sells calculators for $90 each. A major University has offered us $70 per calculator for a one-time

sergiy2304 [10]

Answer:

Increase in operating income by $5,000

Explanation:

Firstly, we shall compute the additional cost of this order,

Variable Cost = Direct material + Direct Labor + Variable factory overhead

= $25 + $20 + $15 = $60

Note: Fixed cost will not form part of this decision, as the company has additional capacity lying idle, thus no additional fixed cost will be incurred, and the fixed cost allocated i.e. $12 per unit is not relevant, as is just allocation and not incurred, it is a kind of sunk cost allocated.

Relevant cost = $60 per unit

Selling price per unit = $70 per unit

Contribution to profit = $70 - $60 = $10 per unit

Total increase in operating income = $10 $\times$ 500 = $5,000

Thus operating income will increase by this amount.

Increase in operating income by $5,000

8 0

3 years ago

As a manager for your company some of your responsibilities include measuring metrics and overseeing company strategies. You obs

Ilya [14]

Answer:

The primary reason for the large increase in productivity would be the management factor.

Explanation

An important factor that affects the productivity in a company is the management that can have a great influence as good managers that are competent, make a good use of the resources, implement good strategies and develop good relationships with employees generating a good working environment help increase the productivity. According to the question, this is the main reason that can be inferred.

8 0

3 years ago