Let
Department 2 Machine hours Be x, and using the equation below.
<span>Find ATQ : </span>
<span> 5= (440000 + 245000) / (74000 + x)</span>
=>
370000 + 5x = 685000
=>x = 63000
Therefore,
there are 63,000 machine hours that the company expects in Department 2.
<span> </span>
The answer is D, you have to Break the question down and go over the answers one by one like A-response for credit card use that’s a no B-not really a problem that’s also a no C-reason for high credit score that’s a maybe D-credit card abuse that’s a definitely
Answer:
hold only a fraction of deposits as reserves.
Explanation:
Money multiplier denotes the central bank's ability to create final deposits many times the initial deposits.
They do so because of their partial (fractional) reserve requirement, mandated by central bank, called as Legal Reserve Ratio = LRR
Money Multiplier = Final Deposits / Initial Deposits = 1 / Reserve Requirement
Eg : Initial Deposits = 100 , LRR = 10%
On getting 100 initial deposits, banks retain 10% ie 10 as reserve, lend out remaining 90. These 90 spent by borrower come back in the bank account of receiver. Out of 90, banks again retain 10% i.e 9 as reserves, lend 81 . Same process continues until :
Final Deposits = (1 / LRR) x Initial Deposits
Final deposits = (1 /0.1) i.e 10 times initial deposits
= 10,000
Answer:
$79.43
Explanation:
Year Return Amount($) PV factor for 12.4% Present Value
1 Dividend 2.45 0.890 2.179715
2 Dividend 2.6 0.792 2.057978
2 Value of share 95 0.792 75.19535
at end of tr 2
TOTAL $79.43304
Thus, the present value of share is $79.43
Answer:
Gross profit equals the difference between sales revenue and cost of goods sold.
Explanation:
The gross profit is calculated by subtracting total cost of goods sold from total sales. Both the total sales and cost of goods sold are found on the income statement.
Gross profit = Sales revenue - cost of goods sold.
It is one of three profit metrics used in business statement reports
