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Mars2501 [29]
3 years ago
14

True or false: Checkable-deposit money created through lending by banks is not part of the money supply.

Business
1 answer:
USPshnik [31]3 years ago
5 0

Answer: False

Explanation:

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In a competitive market the price is $8. A typical firm in the market has ATC = $6, AVC = $5, and MC = $8. How much economic pro
Luba_88 [7]

Answer:

$3 per unit

Explanation:

In short run a monopolist and competitive firm try to maximize their profit and minimize costs until the the marginal revenue equals to the marginal cost.

In this question the average variable cost is lower than the marginal cost the difference between both is the profit for the short run.

Economic profit = Cost saving

Economic profit = Marginal Cost - Average variable cost

Economic profit = $8 - $5

Economic profit = $3

5 0
4 years ago
A company has the following: Cash balance per books, December 31, $82,600. Note receivable of $1,750 plus $250 of interest colle
wel

Answer:

$83,000

Explanation:

Calculation to determine How much is the adjusted cash balance per books on December 31?

Balance per books on Dec. 31, $82,600

Add Note collected by the bank including interest $2,000

Less Bank service charge ($50)

Less NSF check ($650)

Less Book error ($900)

($1000-100)

Adjusted cash balance per books $83,000

Therefore the adjusted cash balance per books on December 31 is $83,000

3 0
3 years ago
The following information is provided by the Town of York's General Fund operating statement and budgetary accounts for the fisc
Stels [109]

Answer

The answer and procedures of the exercise are attached in the following image.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

8 0
3 years ago
Vijay Company reports the following information regarding its production costs.
Lera25 [3.4K]

Answer:

$46.40 per unit

Explanation:

The computation of the product cost per unit under absorption costing is shown below:

= Direct material per unit + Direct labor per unit + Variable overhead cost per unit + fixed overhead cost per unit

where,

Fixed overhead cost per unit would be

= Fixed overhead ÷ units produced

= $121,600 ÷ 16,000 units

= $7.60

All other items will remain unchanged

Now add these values in the formula above.

Hence, the value would be

= $9.60 + $19.60 + $9.60 + $7.60

= $46.40 per unit.

6 0
4 years ago
An auto-parts company is deciding whether to sponsor a racing team for a cost of $1 million. The sponsorship would last for thre
Georgia [21]

Answer:

$498,597.35

Explanation:

For this question we have to determine the net present value which is shown below:

Year Cash flows Discount factor at 6.9%        Present value

0         -$1000,000 1                                        -$1000,000   (A)

1          $570,000 0.935453695                         $533,208.61

2          $570,000 0.8750736156                 $498,791.96

3          $570,000 0.8185908471                $466,596.78

Total present value                                          $1,498,597.35  (B)

Net present value                                            $498,597.35  (A - B)

4 0
3 years ago
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