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kap26 [50]
2 years ago
15

Mario spent a total of $87. 33 last week, but did not keep a perfect record of where his money went. Fortunately, Mario does hav

e all but one of his receipts. He enters all of the information he has into his expense spreadsheet as shown below. A 2-column table with 5 rows. Column 1 is labeled transaction with entries Oil change, gas in car, lunch out, golfing, total spent. Column 2 is labeled amount with entries 18 dollars and 95 cents, 20 dollars and 50 cents, 12 dollars and 68 cents, blank, 87 dollars and 33 cents. How much did Mario spend on golfing? a. $35. 20 b. $45. 20 c. $47. 88 d. $143. 96 Please select the best answer from the choices provided A B C D.
Business
1 answer:
Xelga [282]2 years ago
3 0

it is option A

giv me points

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A set of financial states made every 3 months is called a .
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Quarterly statement.

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A quarterly statement happens 4 times a year (every 3 months).

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How can support units deliver functional and services to support the organization?
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whenimetuindasumma

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When you know you cannot pay your debts, which of the following should you do?
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4 0
3 years ago
Suppose in 1992, the average price level in Pacifica was 100, and that in Atlantica it was also 100. In the foreign exchange mar
wolverine [178]

Answer:

a. 1 Pound/1.29 or 0.78 Pound/Mark

b. Overvalued

Explanation:

a. What should the pound-mark exchange rate be in 2012?

Ratio of Pacifica pound to Atlantica mark in 2012 = 360/280 = 1.29

Or,

Ratio of Atlantica mark to Pacifica pound in 2012 = 280/360 = 0.78

Therefore, according to the relative purchasing power parity (PPP) theory, one Pacifica pound should equal to 1.29 Atlantica mark, i.e. 1 Pound/1.29 Mark.

This can also be stated differently that 1  Atlantica mark should equal to 0.78 Pacifica pound, i.e. 0.78 Pound/Mark.

b. If the actual pound per mark exchange rate is 0.5 pound/mark in 2012, is the mark overvalued or undervalued relative to its PPP value

Since the PPP pound per mark exchange rate value estimated in a above is 0.78 Pound/ Mark is higher than the actual pound per mark exchange rate of 0.5 pound/mark in 2012, mark is therefore overvalued.

8 0
3 years ago
If the required reserve ratio is 2.50 percent, what is the monetary multiplier? if the monetary multiplier is 5, what is the req
ludmilkaskok [199]

If the required reserve ratio is 2.50 percent, the monetary multiplier is 40.

The money multiplier gives us the ratio of deposits to reserves (i.e. 1/R). That means, if the reserve ratio is 2.50% (i.e. 0.025), the money multiplier is 40 (i.e. 1/0.025). Thus, an initial deposit of USD 1,000 will end up creating a total of USD 40,000 in new money.

If the monetary multiplier is 5, the required reserve ratio is 20%.

Playing with the original multiplier formula, we can derive that R=1/m (m is money multiplier). If the money multiplier is 5, then the reserve ratio is 20% (i.e. 1/5 or 0.20).

8 0
3 years ago
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