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Kazeer [188]
3 years ago
14

After saving money in his piggy bank for three years, omar decided to deposit $2,500 of the money in the local bank. if the bank

were fully loaned out and the reserve requirement was 20 percent, then the change in the dollar value of the total money supply would be
Business
1 answer:
Serggg [28]3 years ago
8 0

If 20% of the deposits are used as a bank reserve, that means that only $ 500 stays in the bank's coffers while the remaining, that is, $ 2000 goes to the money supply, and begins to circulate as loans or any other banking product. The money supply is measured from the monetary aggregates.
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Consider firms that introduce new​ products, such as DVDs in 2001. When firms introduce new​ products, how do they typically det
lyudmila [28]

Answer:

D. estimate price elasticity of demand by experimenting with different prices.

Explanation:

Price elasticity of demand is an economic concept which is a measure of the sensitivity of customers willingness to buy something to its price. If the customers readily change their buying behavior with a change in price of the product, it would mean that the demand for the product is elastic.

When firms are introducing new products, they generally determine the best selling price by experimenting with different prices and observing the buying behavior of customers. Then the choose the price which produces the maximum amount of revenue for the firm, which entails the price of the product and number of units sold.

5 0
3 years ago
Management by exception:
iragen [17]
<span>Management by exception holds that only those issues that are significantly deviating from the normal course of action need to be looked at. If the deviations are minor or are likely due to random chance, then management does not need to worry about it at the time. None of the choices presented properly give this definition.</span>
5 0
3 years ago
Phionia Phelps has developed a gourmet cat food. Not only is this food eagerly eaten by the most finicky felines, but it is spec
pickupchik [31]

Answer:

Explanation:

a.

Sales budget = $ 250 per case * 100 cases per batch * 6 batches per day * 20 days a month * 6 months

= $ 18,000,000

b. Production budget in units = 100 cases per batch * 6 batches per day * 20 days a month * 6 months

= 72,000 cases

Production budget including 10 percent inventories

= 72000 + 100*6*20*10%

= 73200 cases

c. Direct materials purchases budget in pounds including 5% inventories

Lamb = 5 pounds per case * (73200 cases + 100*6*20*5% cases )

= 369,000 pounds

Rice Lamb = 10 pounds per case * (73200 cases + 100*6*20*5% cases )

= 738,000 pounds

Salmon = 2 pounds per case * (73200 cases + 100*6*20*5% cases )

= 147,600 pounds

Vitamins = 1 pound per case * (73200 cases + 100*6*20*5% cases )

= 73,800 pounds

d. Direct materials purchases budget in dollars = 369000*15 + 738000*1.2 + 147600*24 + 73800*45

= $ 1,328,400

e. Manufacturing labor budget in dollars = 1 hours per batch * 6 batches per day * 20 days per month * 6 months * ($ 18 per hour for ingredient preparation + $ 24 per hour for cooking and canning ) * 2 workers

= $ 60,480

2. The business requires an investment of $ 1,328,400 + 60,480

= $ 1,388,880 over six months.

This translates to monthly investment of $ 231,480

Therefore $ 50,000 investment is too small to begin with.

8 0
3 years ago
Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies fo
Andre45 [30]

1. The missing amounts should be determined in the following manner:

On Company A. Materials inventory December 1 Materials inventory December 31-+Materi also purchased -Cost of direct materials

Off Company Total manufacturing costs incurred in December -Direct labor Cost of direct materials used in production -Factory

2. On Company's statement of goods manufactured should be prepared as follows:

On Company Statement of Goods Manufactured For the Month of December 2016 Materials inventory December 1 Add: Purchases Total

3. On Company's income statement should be prepared as follows:

On Company Income Statement For the Month of December 2016 Sales 1,127,000 827.400 299,600 Less: Operating expenses 117,600.

Learn more about income statements at

brainly.com/question/24498019

#SPJ4

5 0
2 years ago
JackITs has 5.0 million shares of common stock outstanding, 1.0 million shares of preferred stock outstanding, and 20.00 thousan
Leya [2.2K]

Answer:

80.88; 7.80; 11.32

Explanation:

Common Stock:

Value = Number × Price

          = 5,000,000 × $28

          = $140,000,000

Preferred Stock:

Value = Number × Price

          = 1,000,000 × $13.50

          = $13,500,000

Bonds:

Value = Number × Price

          = 20,000 × $980

          = $19,600,000

Total value = $140,000,000+ $13,500,000 + $19,600,000

                   = 173,100,000

Weight of common stock = Respective Value ÷ Total Value

                                          = $140,000,000 ÷ 173,100,000

                                          = 80.88

Weight of preferred stock = Respective Value ÷ Total Value

                                          = $13,500,000 ÷ 173,100,000

                                          = 7.80

Weight of Bonds = Respective Value ÷ Total Value

                            = $19,600,000 ÷ 173,100,000

                            = 11.32

7 0
3 years ago
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