One major reason for the increasing participation of women in the paid labor force is the changing social and economic dynamics in society.
One major reason for the increasing participation of women in the paid labor force is the changing social and economic dynamics in society. Several key factors have contributed to this trend:
Changing Gender Roles: Over the past few decades, traditional gender roles and expectations have evolved. There has been a shift towards more gender equality, with greater recognition of women's rights and opportunities. This has led to increased educational attainment among women and a desire for economic independence and career advancement.
Economic Necessity: Economic factors play a significant role in women's increased workforce participation. In many households, dual incomes have become necessary to maintain a certain standard of living due to rising living costs and the changing structure of families. Women's income has become crucial for financial stability and to support their families.
Educational Attainment: Women's educational attainment has risen significantly, and they are now more likely to pursue higher education and professional careers. Improved access to education, scholarships, and changing societal attitudes towards women's education have contributed to this trend. As women gain knowledge and skills, they are more likely to enter and thrive in the labor market.
Workforce Opportunities and Policies: The availability of diverse job opportunities and supportive policies promoting gender equality in the workplace have played a crucial role. Increased awareness about the importance of diversity and inclusion has led to organizations actively seeking and hiring women, creating more opportunities for their professional growth.
Technology and Flexible Work Arrangements: Advancements in technology have facilitated flexible work arrangements, such as remote work and flexible schedules. This flexibility has made it easier for women to balance work and family responsibilities, encouraging their participation in the labor force.
It is important to note that the reasons for women's increasing participation in the paid labor force may vary across different societies and cultures. Additionally, these factors are interconnected and can reinforce each other, leading to a broader societal transformation in gender roles and workforce dynamics.
To learn more about society
https://brainly.com/question/20713438
#SPJ11
New York Police Service is considering installing a new air conditioning system that will cost $700,000. The system will be depreciated at a rate of 20% (Class 8) per year over the system’s five-year life and then it will be sold for $90,000. The new system will save $250,000 per year in pre-tax operating costs. An initial investment of $70,000 will have to be made in working capital. The tax rate is 35% and the discount rate is 10%. Calculate the NPV of the new refrigeration system. What are the finance details to be presented at the next board meeting?
Finance details to be presented at the next board meeting are given below:
Initial investment = $700,000 + $70,000= $770,00Annual saving in operating cost = $250,00 Depreciation rate (Class 8) =
20%Tax rate = 35%Discount rate = 10%Salvage value =
$90,000NPV = Calculation of depreciation expense:
Annual depreciation expense = 20% × $700,000 = $140,000.
Calculation of net cash inflow:Net cash inflow =
Saving in operating cost – Depreciation expense –
Taxes on salvage value–
Working capital= $250,000 – $140,000 – ($90,000 – $90,000 × 35%) – $70,000= $250,000 – $140,000 – $24,500 – $70,000= $15,500.
Calculation of NPV:NPV = PV of net cash inflows – Initial investment PV of net cash inflows =
$15,500 [(1 – 1 / (1 + 10%)5) / 10%] = $15,500 × 3.791 =
$58,728.5NPV = $58,728.5 – $770,000 = -$711,271.5.
Therefore, the NPV of the new refrigeration system is -$711,271.5.
To know more about operating visit:
https://brainly.com/question/30581198
#SPJ11
At the beginning of the month , Supplies were $ 700 . During the month , the company purchased $ 400 of supplies . At month's end , November 30 , $ 300 of supplies were still on hand . a . What was the cost of supplies used during the month ? Where is this item reported ? b . Where is the ending balance of supplies reported ? c . Make the adjusting entry to update the Supplies account at the end of the month . a . What was the cost of supplies used during the month ? Where is this item reported ? What was the cost of supplies during the month ?
At the beginning of the month, supplies were $700. During the month, the company purchased $400 of supplies. At the end of November 30, $300 of supplies were still on hand.
a) What was the cost of supplies used during the month? Where is this item reported?To get the cost of supplies used during the month, we need to calculate the amount of supplies purchased and subtract the amount of supplies on hand at the end of the month from that amount.
Cost of supplies used = Supplies purchased – Supplies on hand at the end of the month
= $400 - $300= $100
The cost of supplies used during the month is $100. This item is reported in the Income Statement as an expense.
b) Where is the ending balance of supplies reported?
The ending balance of supplies is reported in the Balance Sheet as a current asset.
c) Make the adjusting entry to update the Supplies account at the end of the month. The adjusting entry is needed to update the balance of supplies account and record the cost of supplies used during the month.
The adjusting entry is as follows:
Supplies expense = Cost of supplies used during the month
= $100Supplies on hand = $300
Supplies Account Debit Credit Supplies Expense $100 Supplies $100 Supplies $300 Supplies Expense $300.
To know more about supplies visit:
https://brainly.com/question/29993574
#SPJ11
Explain data inventory workflow and how data inventory system consolidates data before the tagging process.
The data inventory workflow refers to the process of collecting, organizing, and managing data assets within an organization.
A data inventory system plays a crucial role in this workflow by consolidating data before the tagging process. Here's an overview of how it works:
Data Collection: The data inventory system collects data from various sources within the organization, including databases, file systems, applications, and external data providers.
Data Profiling: Once the data is collected, the inventory system performs data profiling to understand its structure, quality, and content.
Data Classification: The inventory system categorizes the data based on predefined criteria, such as data type, format, sensitivity, and usage.
Data Consolidation: Before the tagging process, the data inventory system consolidates the collected data into a centralized repository or data catalog.
Data Tagging: Once the data is consolidated, the inventory system assigns relevant metadata tags to the data assets.
To learn more about data inventory
https://brainly.com/question/32238251
#SPJ11
Assess and discuss the various approaches to strategy and strategy making in organisations, explaining why in practice any one organisation cannot fit into one approach.
There are various approaches to strategy and strategy-making in organizations. This paper will examine and analyze these different strategies and their use within organizations. Additionally, we will discuss why no single strategy can fully fit an organization's needs, and why organizations need to be flexible and adaptable in their approach to strategy making.
One of the most common approaches to strategy-making is the classical approach, which emphasizes strategic planning, rational analysis, and top-down management. In this approach, managers formulate strategies and then implement them throughout the organization. This approach is often seen in large corporations, where planning and control are critical to success.
Another approach to strategy making is the evolutionary approach. In this approach, the organization is viewed as a complex system that is constantly adapting and changing to its environment. Strategies emerge from the interaction between the organization and its environment, rather than being planned in advance. This approach is common in small businesses, where flexibility and adaptability are essential for survival.
To know more about approaches visit:
https://brainly.com/question/30967234
#SPJ11
Sally's assessable income for \( 2021 / 22 \) is \( \$ 30100 \). She has \( \$ 536 \) allowable deduction. How much is Sally's individual income tax payable? Taxable Income Tax on this income
Sally's assessable income for 2021/22 is $30100, and she has $536 allowable deduction. Her income tax payable is calculated as follows: Calculation of taxable income.
Taxable income = Assessable income - Deduction Taxable income = $30100 - $536Taxable income = $29564Calculation of income tax: Tax payable = (Taxable income × Tax rate) - Tax offset Tax rate:
Taxes payable = (Taxable income × Tax rate) - Tax offset Taxes payable = (29564 × 0.19) - 0Taxes payable = $5618.16Therefore, Sally's income tax payable is $5618.16, and her taxable income is $29564.
To know more about assessable visit:
https://brainly.com/question/32147351
#SPJ11
This means that means that an asset or resource, either raw material, finished product, component, equipment or machinery is not currently in use.
b. This is a value or non-value-added step, is an individual activity that leads to the making of a part, component, or product.
c. This is the movement either a raw material is being moved from one location or workstation to another.
d. This occurs when a work activity slows or stops an operation, the transportation or raw material, equipment, processes, or human labor.
2. transportation
a. This means that means that an asset or resource, either raw material, finished product, component, equipment or machinery is not currently inuse.
b. This is a value or non-value-added step, is an individual activity that leads to the making of a part, component, or product.
c. This is the movement either a raw material is being moved from one location or workstation to another.
d. This occurs when a work activity slows or stops an operation, the transportation or raw material, equipment, processes, or human labor.
3. delay
a. This means that means that an asset or resource, either raw material, finished product, component, equipment or machinery is not currently inuse .
b. This is a value or non-value-added step, is an individual activity that leads to the making of a part, component, or product.
c. This is the movement either a raw material is being moved from one location or workstation to another.
d. This occurs when a work activity slows or stops an operation, the transportation or raw material, equipment, processes, or human labor.
4. storage
a. This means that means that an asset or resource, either raw material, finished product, component, equipment or machinery is not currently inuse .
b. This is a value or non-value-added step, is an individual activity that leads to the making of a part, component, or product.
c. This is the movement either a raw material is being moved from one location or workstation to another.
d. This occurs when a work activity slows or stops an operation, the transportation or raw material, equipment, processes, or human labor
The delay occurs when a work activity slows or stops an operation, the transportation of raw material, equipment, processes, or human labor.
1.
a. Idle Resource
b. Operation
c. Transportation
d. Delay
2.
a. Idle Resource
b. Operation
c. Transportation
d. Delay
3.
a. Idle Resource
b. Operation
c. Transportation
d. Delay
4.
a. Idle Resource
b. Operation
c. Transportation
d. Delay
Explanation:
1.
a. Idle Resource: This means that an asset or resource, either raw material, finished product, component, equipment, or machinery is not currently in use.
b. Operation: This is a value or non-value-added step, is an individual activity that leads to the making of a part, component, or product.
c. Transportation: This is the movement either a raw material is being moved from one location or workstation to another.
d. Delay: This occurs when a work activity slows or stops an operation, the transportation of raw material, equipment, processes, or human labor.
2.
a. Idle Resource: This means that an asset or resource, either raw material, finished product, component, equipment, or machinery is not currently in use.
b. Operation: This is a value or non-value-added step, is an individual activity that leads to the making of a part, component, or product.
c. Transportation: This is the movement either a raw material is being moved from one location or workstation to another.
d. Delay: This occurs when a work activity slows or stops an operation, the transportation of raw material, equipment, processes, or human labor.
3.
a. Idle Resource: This means that an asset or resource, either raw material, finished product, component, equipment, or machinery is not currently in use.
b. Operation: This is a value or non-value-added step, is an individual activity that leads to the making of a part, component, or product.
c. Transportation: This is the movement either a raw material is being moved from one location or workstation to another.
d. Delay: This occurs when a work activity slows or stops an operation, the transportation of raw material, equipment, processes, or human labor.
4.
a. Idle Resource: This means that an asset or resource, either raw material, finished product, component, equipment, or machinery is not currently in use.
b. Operation: This is a value or non-value-added step, is an individual activity that leads to the making of a part, component, or product.
c. Transportation: This is the movement either a raw material is being moved from one location or workstation to another.
To know more about the operation, visit:
https://brainly.com/question/30426151
#SPJ11
the mass of a substance, which follows a continuous exponential growth model, is being studied in a lab. the doubling time for this substance was observed to be hours. there were of the substance present at the beginning of the study.
The mass of a substance that follows a continuous exponential growth model can be calculated using the formula: mass = initial mass * (2^(time/doubling time)).
Where initial mass is the amount of substance present at the beginning of the study, time is the duration of the study, and doubling time is the time it takes for the mass of the substance to double.In this scenario, we are given that the doubling time for the substance is hours. This means that it takes hours for the mass of the substance to double. Additionally, we are given that there were of the substance present at the beginning of the study.
To calculate the mass of the substance at any given time during the study, we can use the formula mentioned earlier. Let's say the duration of the study is t hours.Using the formula mass = initial mass * (2^(time/doubling time)), we can substitute the given values:mass = * (2^(t/))This formula allows us to calculate the mass of the substance at any time during the study by plugging in the values of initial mass, time, and doubling time.
To know more about exponential visit:
https://brainly.com/question/34346987
#SPJ11
a developer owned a 30-acre tract of farmland. as required by law, the developer filed a plat with the county planning board, but did not record it.
Filing a plat with the county planning board, as required by law, is an important step for a developer when it comes to documenting and obtaining approval for the subdivision of land. However, it's worth noting that failing to record the plat could have certain implications.
Recording a plat refers to the act of officially documenting the plat with the appropriate government office, typically the county recorder's office or registrar of deeds. The purpose of recording is to establish a public record of the plat, providing notice to interested parties and ensuring the legal validity and enforceability of the subdivision.
By not recording the plat, the developer may encounter several potential issues:
Lack of Legal Recognition: Without recording the plat, the subdivision of the farmland may not be legally recognized. This means that the developer's intended division of the 30-acre tract into smaller lots or parcels may not have legal standing or be considered valid.
Inability to Transfer Titles: Failure to record the plat may hinder the developer's ability to transfer titles or ownership of the subdivided lots. When a property is not recorded, it may create difficulties in establishing clear ownership rights and transferring those rights to subsequent buyers or owners.
Lack of Notice to Third Parties: Recording the plat serves as public notice of the subdivision. It allows interested parties, such as potential buyers, lenders, or neighboring property owners, to be aware of the division of the land. Not recording the plat could result in limited or no notice to these parties, potentially leading to disputes, confusion, or challenges related to the subdivision.
Legal and Financial Consequences: The failure to record the plat may have legal and financial consequences for the developer. It could result in violations of local regulations or laws, which may lead to penalties, fines, or legal actions. Additionally, it may impact the marketability and value of the subdivided lots, as potential buyers or investors may be hesitant to engage in transactions involving unrecorded properties.
It's important for developers to understand and comply with the legal requirements for subdividing land, which typically include both filing the plat with the planning board and recording it with the appropriate government office. By following the necessary steps, developers can ensure the legal validity, enforceability, and marketability of the subdivided properties.
To learn more about, transactions, click here, https://brainly.com/question/24730931
#SPJ11
to best balance their time and the information they obtain, how often must revenue managers analyze sales in each of their identifiable revenue centers?
To best balance their time and the information they obtain, revenue managers must **regularly** analyze sales in each of their identifiable revenue centers.
Analyzing sales in revenue centers should be done **frequently** to ensure effective revenue management. The exact frequency may vary depending on factors such as the industry, business size, and specific revenue centers involved. However, regular analysis allows revenue managers to stay informed about the performance of each revenue center, identify trends, spot potential issues, and make data-driven decisions.
By conducting regular analyses, revenue managers can assess the effectiveness of pricing strategies, monitor demand patterns, evaluate the impact of promotions or discounts, and identify opportunities for revenue optimization. This proactive approach enables revenue managers to make timely adjustments, allocate resources effectively, and maximize revenue across all identifiable revenue centers.
The frequency of analysis may range from daily, weekly, monthly, or even quarterly, depending on the nature of the business and the revenue cycles involved. It is crucial for revenue managers to strike a balance between the frequency of analysis and the time required to gather and analyze the data, ensuring they have up-to-date information to support their revenue management strategies and decision-making process.
To learn more about, Analyze Sales, click here: https://brainly.com/question/31356963
#SPJ11
A person buys a share of stock in Apple from another investor through the NYSE. This is an example of a __________ market transaction.
Question 18 options:
physical asset
primary
private
secondary
money
A person buys a share of stock in Apple from another investor through the NYSE. This is an example of an Option D. secondary market transaction.
Let's discuss it in detail;
Secondary Market Transactions: Secondary market transactions are investments made in previously issued securities. It is a financial marketplace where previously issued securities, such as bonds and stocks, are purchased and sold through brokers, dealers, and other traders. The secondary market is also known as the aftermarket because shares are sold to investors by other shareholders and not by the issuing firm. Secondary markets assist with liquidity because they enable investors to sell securities to other investors, which enhances the overall market's efficiency and volume.
Primary Market Transactions: Primary market transactions are when the issuer first sells securities to investors. Companies that go public must do so by selling shares to investors in a primary market transaction. The issuing business is the issuer of the securities in a primary market transaction, which means that they are responsible for generating new stocks. New stock issuance is referred to as a public offering.
Money Market Transactions: A money market is a marketplace for short-term securities like treasury bills and commercial paper that have maturities of less than one year. The market is used by companies to acquire short-term funding in the form of debt while keeping their long-term debt at a minimum.
Physical Asset Transactions: Physical assets are tangible, including commodities, real estate, and other items. Physical assets trading is a practice that involves exchanging tangible assets with financial value. These financial value assets can be either cash or another financial instrument, such as a stock or a bond.
Private Market Transactions: Private market transactions refer to the purchase and sale of securities in a marketplace that is only open to a specific group of investors. It is an unregulated market where transactions take place between consenting parties. Examples of securities that can be sold through private market transactions include debt securities, common stock, and warrants.
In conclusion, buying a share of stock in Apple from another investor through the NYSE is an example of a secondary market transaction because the stock was previously issued and is now being resold on the secondary market to another investor. Therefore, the correct option is D.
The question was incomplete, Find the full content below:
A person buys a share of stock in Apple from another investor through the NYSE. This is an example of a __________ market transaction.
Question 18 options:
A. physical asset
B. primary
C. private
D. secondary
E. money
Know more about Investor here:
https://brainly.com/question/30130634
#SPJ8
You purchased a $1,000 bond with a coupon rate of 6X 1
on 3anuary 1,2021 for $910. On the same date you also purchased a share of ABC Inc for \$35. Oaring 2021 you received a dividend of $2.35 on the ABC share. It is now lanuary 1,2022 and the bond is selling for $980 and the AnC share is worth $90. Required, round all answers to two decimal points. Show all calculations in the space provided below or submit your calculations to the Drop Bex in the Assignments area: a. What was your total dollar retum on the bond over the past year? (2 marks) b. What was your total nominal return on the bond over the past year? ( 2 marks) c. If the inflation rate last year was 4%, what was your total real rate of return on the bond? ( 2 marks) d. Compute the total percentage return on the ABC share. (2 marks) e. What was the dividend yield on the ABC share. (2 marks) f. What was the capital gain yleid on the ABC shar
a) Calculation of dollar return on the bond over the past year: Purchase price of bond = $910 Coupon rate of bond = 6%Par value of bond = $1000Coupon payment = Coupon rate * Par value = 6% * $1000 = $60Given, bond selling price = $980Total dollar return on the bond = Coupon payment + (Selling price - Purchase price)Coupon payment = $60Selling price - Purchase price = $980 - $910 = $70Total dollar return on the bond = $60 + $70 = $130
b) Calculation of nominal return on the bond over the past year:Nominal return on bond = (Total dollar return / Initial investment) * 100Total dollar return on the bond = $130Initial investment = Purchase price of bond = $910Nominal return on the bond = ($130 / $910) * 100 = 14.29%c)
Calculation of real rate of return on the bond:Inflation rate = 4%Nominal return on the bond = 14.29%Real rate of return on the bond = [(1 + Nominal return) / (1 + Inflation rate)] - 1Real rate of return on the bond = [(1 + 0.1429) / (1 + 0.04)] - 1Real rate of return on the bond = 10.91%d)
Calculation of total percentage return on the ABC share:Purchase price of ABC share = $35Current price of ABC share = $90Dividend received = $2.35Total percentage return on the ABC share = [(Current price + Dividend received - Purchase price) / Purchase price] * 100
Total percentage return on the ABC share = [(90 + 2.35 - 35) / 35] * 100
Total percentage return on the ABC share = 183.86%e) Calculation of dividend yield on the ABC share:Dividend yield on the ABC share = (Dividend / Purchase price) * 100Dividend yield on the ABC share = ($2.35 / $35) * 100Dividend yield on the ABC share = 6.71%f)
Calculation of capital gain yield on the ABC share:Capital gain yield on the ABC share = (Capital gain / Purchase price) * 100Capital gain = Current price - Purchase priceCapital gain yield on the ABC share = [(90 - 35) / 35] * 100Capital gain yield on the ABC share = 157.14%Therefore, the answers are:a) $130b) 14.29%c) 10.91%d) 183.86%e) 6.71%f) 157.14%
To know more about Purchase price of bond visit:
https://brainly.com/question/33341887
#SPJ11
2. Dr. Michael Mills, a surgeon employed to the Mandeville General Hospital, carelessly failed to remove part of a suture which had previously been inserted into the plaintiff Mabel Jones in an operation referred to as 'cervical encirclement', thereby exposing the patient Jones to considerable danger in her subsequent pregnancy and labour. Explain what, if any claims may be made against the hospital in this instance and the likelihood of success. (4 Marks)
The hospital can be held accountable for any harm caused to the patient due to the negligence of its employee.
The case of Dr. Michael Mills is of critical importance as it highlights the risks and liabilities that medical professionals and institutions are exposed to. This paper discusses the claims that can be made against the Mandeville General Hospital as well as the probability of success. Based on the facts presented, it is evident that Dr. Michael Mills is responsible for the harm caused to Mabel Jones. However, it is also essential to examine the hospital's liability in this instance.Claims against the HospitalThe hospital's liability is contingent on the premise of vicarious liability. This means that the hospital is responsible for the actions of its employees, including Dr. Michael Mills. The hospital can be held accountable for any negligent actions of its employees committed in the course of their work. Negligence refers to the breach of duty of care owed to the patient, leading to injury or harm. In this instance, Dr. Michael Mills was negligent in his actions by failing to remove part of a suture. This negligence resulted in considerable danger to the patient Mabel Jones, especially during pregnancy and labour.
Therefore, the hospital can be held accountable for any harm caused to the patient due to the negligence of its employee.
The likelihood of Success based on the information provided, the likelihood of success in this case is relatively high. The hospital can be held liable for the harm caused to the patient by Dr. Michael Mills's negligence. This is because the hospital has a duty of care owed to the patient, and this duty of care was breached. The breach of duty of care led to the harm caused to the patient, which was foreseeable. Therefore, the hospital can be held liable for the harm caused to the patient. However, the probability of success depends on the evidence presented and the strength of the arguments made in court. If the evidence is substantial, and the argument is persuasive, then the probability of success is high. However, if the evidence is weak, and the argument is not compelling, then the probability of success is low.
In conclusion, the Mandeville General Hospital can be held liable for the harm caused to the patient Mabel Jones. The hospital's liability is based on the premise of vicarious liability, where the hospital is responsible for the actions of its employees. The likelihood of success in this case is relatively high, based on the information presented. However, the probability of success depends on the evidence presented and the strength of the arguments made in court.
To know more about negligent actions visit:
https://brainly.com/question/20373662
#SPJ11
12.1 ECONOMICS [100] QUESTION ONE [55] Read the extract belowand answer the questions that follow: New-energy vehicle production set to increase in SA; Ford could add to hybrid line-up NAAMSA While new-energy vehicle (NEV) production numbers arecurrently low in South Africa, NAAMSA, the Automotive BusinessCouncil is hopeful that the numbers will soon increase.Naamsa CEO Mikel Mabasa says the start of production oftheCorolla Cross hybrid at Toyota’s Durban plant this year adds to theexisting assembly of the Mercedes-Benz C-Class plug-in hybrid(PHEV) at the German car maker’s East London plant. Fordthenalso looks set to become yet another producer of hybridvehiclesin South Africa, with the proposed production of a plugin hybrid model inthe new Ranger pickup line-up, he notes. The UScarmaker has already unveiled the F-150 Lightning full electricbakkiein the US, set for launch in 2022. NEVs refers to hybridvehicles, PHEVsand battery electric vehicles (BEVs).Mabasasaysthe SouthAfrican automotive industry does notcurrently produce anyBEVs,with PHEV production at two units in2020, down from a peakof 1 180 units in 2018. The decline is largely owing to the run-outof the previous C-Class line-up, with the new modelintroduced thisyear. Mabasa says it is imperative the local automotive industrmoves swiftly towards NEV production, as SouthAfrica’sprimaryvehicle export market – the European Unionhasindicated that it will not allow internal combustion enginesonitsroads "in the next five to ten years".1.1 Taking the abovearticleandlimited resource availability into consideration, use arelevantdiagram to explain how Ford canuseaproductionpossibilitiesfrontier to illustrate the various combinationsof output ofnew energy vehicles and non-new energy vehicles.
A production possibility frontier (PPF) diagram would be an effective means for Ford to show the trade-offs in producing NEVs and non-NEVs in the South African automotive industry. The PPF is a graphical representation of the possible production outcomes for two commodities utilizing a given set of resources and technology with the assumption that all resources are used efficiently.
A PPF for Ford could illustrate the following points: 1. The maximum possible production of NEVs and non-NEVs with the given resources and technology2. The opportunity cost of producing additional units of NEVs over non-NEVs, and vice versa3. The trade-offs between NEVs and non-NEVs production
The slope of the PPF shows the opportunity cost of producing one commodity over the other. Thus, if Ford wishes to increase production of NEVs, it would have to reduce production of non-NEVs, and vice versa. The PPF illustrates the combinations of NEVs and non-NEVs production that are attainable and not attainable with the available resources and technology. The production of NEVs has become increasingly important given the demand from the European Union market. In this light, it is vital that the South African automotive industry moves towards NEV production.
To know more about graphical visit:
https://brainly.com/question/14191900
#SPJ11
jasper company has 59% of its sales on credit and 41% for cash. all credit sales are collected in full in the first month following the sale. the company budgets sales of $518,000 for april, $528,000 for may, and $553,000 for june. total sales for march are $302,100. prepare a schedule of cash receipts from sales for april, may, and june. rev: 05 31 2021 qc cdr-376, 08 06 2021 qc cdr-376, 09 15 2021 qc cdr-376
The schedule of cash receipts from sales for April, May and June are:
April: $518,000May: $526,800June: $551,600How to prepare a schedule of cash receipts from sales?The credit sales for each month:
April: $518,000 * 0.59
= $305,620
May: $528,000 * 0.59
= $310,320
June: $553,000 * 0.59
= $325,270
The cash sales for each month:
April: $518,000 * 0.41
= $212,380
May: $528,000 * 0.41
= $216,480
June: $553,000 * 0.41
= $226,330
The total cash receipts for each month by adding credit and cash sales:
April: $305,620 + $212,380
= $518,000
May: $310,320 + $216,480
= $526,800
June: $325,270 + $226,330
= $551,600.
Read more about cash receipts
brainly.com/question/29833686
#SPJ4
Explain 1 Risk Management strategy regarding regular threat assessment?
Risk Management Strategy: Regular Threat Assessment. Regular threat assessment involves conducting ongoing evaluations of potential risks to identify emerging threats and vulnerabilities.
It consists of a systematic process that helps organizations stay proactive in their risk management approach. Regular threat assessment is crucial for effective risk management. By consistently evaluating potential threats, organizations can identify new risks, vulnerabilities, and changes in the risk landscape. This strategy involves analyzing internal and external factors that may pose a risk to the organization, such as cybersecurity threats, natural disasters, regulatory changes, or economic fluctuations. The key benefits of regular threat assessment include early detection of emerging risks, enabling proactive risk mitigation strategies. It helps organizations prioritize and allocate resources appropriately to address potential threats. Furthermore, continuous assessment enhances organizational resilience by facilitating timely adaptation to evolving risks and enables the implementation of robust risk response plans.
Learn more about Risk Management here:
https://brainly.com/question/28521655
#SPJ11
Prince Electronics, a manufacturer of consumer electronic goods, has five distribution centers in different regions of the country. For one of its products, a highspeed modem priced at $350 per unit, the average weekly demand at each distribution center is 70 units. Average shipment size to each distribution center is 450 units, and average lead time for delivery is 3 weeks. Each distribution center carries 3 weeks' supply as safety stock but holds no anticipation inventory. a. On average, how many dollars of pipeline inventory will be in transit to each distribution center? $ (Enter your response as an integer.) The total profit under the new method is S (Enter your response rounded to the nearest whole number.)
The total profit under the new method is $245,000.
The answer is, On average, the number of dollars of pipeline inventory that will be in transit to each distribution center is $110,250.The total profit under the new method is $245,000.
Prince Electronics, a manufacturer of consumer electronic goods, has five distribution centers in different regions of the country. For one of its products, a high-speed modem priced at $350 per unit, the average weekly demand at each distribution center is 70 units. Average shipment size to each distribution center is 450 units, and average lead time for delivery is 3 weeks.
Each distribution center carries 3 weeks' supply as safety stock but holds no anticipation inventory.
a) Calculation of Average dollars of pipeline inventory in transit to each distribution center Average Inventory in Transit (AIT) = Average Shipment Size × Lead Time AIT = 450 × 3AIT = 1,350 units Average Inventory Value (AIV) = Average inventory in transit × Product cost AIV = AIT × $350AIV = 1,350 × $350AIV = $472,500
Total AIV = $472,500/5Total AIV = $94,500Average AIV per DC = $94,500/5
Average AIV per DC = $18,900b) Calculation of total profit under the new method
The revenue for one week = 70 units × $350 per unit
Revenue per week = $24,500The revenue for four weeks = 4 × $24,500
Revenue for 4 weeks = $98,000The cost of goods sold (COGS) = 70 units × $200 per unit COGS = $14,000The total profit under the new method is Total Revenue − COGS
Total profit = $98,000 − $14,000
Total profit = $84,000Total profit for five DCs = $84,000 × 5
Total profit for five DCs = $420,000Total Profit rounded to the nearest whole number = $245,000
Hence, the answer is On average, the number of dollars of pipeline inventory that will be in transit to each distribution center is $110,250.
The total profit under the new method is $245,000.
To know more about profit visit:
https://brainly.com/question/32864864
#SPJ11
I have a question that I would like to open a champloo (coffee shop)and with the price 5000$ per month of renting the shop. I plan tomove to houston, TX and start the business and I think to sell eachone around 4 to 5$ (maybe with tips also) with the rentingemployee maybe 2 or 3 and the salary around 15$/hour perperson. So in your overall opinion:1) Just in your estimation, howmany cup of champloo or how many customers per day average (As I try to open shop but not sure in real life how many customersaverage it is ?)2) Is it easy to make money from this job if Iopen champloo shop ?3) Can I use my house to open champloo shopto atleast save 5000$ of renting, or renting is must be in USA ?4)How to manage employee if I am out of Houston, TX ?
1. You may start with 50 to 100 coffee cups per day.
2. Opening a coffee shop is not an easy task.
3. Opening a coffee shop in a commercial area is a better option.
4. Managing employees is a challenging task.
1. As per the given information, you would like to open a coffee shop and sell each coffee for $4 to $5.
In an average coffee shop, the customer purchase varies based on the location and the pricing strategy.
The customer volume in a coffee shop is primarily determined by the quality of the coffee and customer service that you provide, the quality of ambiance, and your ability to market the shop. In the initial stage, you may start with 50 to 100 cups per day and increase over time as you build a strong customer base.
2. It requires a lot of hard work, dedication, and proper marketing strategies to build a good customer base. If you are ready to put in your time and energy and have a passion for running a coffee shop, you can make a good amount of money.
It is essential to research the market, understand the customer needs and preferences and provide quality coffee and service.
3. Opening a coffee shop in a residential area is not possible without getting approval from the local zoning department. The zoning rules vary from place to place and are stringent in commercial areas. In general, opening a coffee shop in a commercial area is a better option, as it will help you to get more foot traffic.
4. Managing employees is a challenging task for every business owner, especially when they are out of the town. The best way to manage employees is by implementing the right communication and management tools, such as instant messaging, project management software, email, and video conferencing.
Know more about the pricing strategy.
https://brainly.com/question/27124956
#SPJ11
Pitt Company uses standard costs to control materials costs. The standards call for 6 pounds of materials for each finished unit produced. The standard cost per pound of materials is $2.00. During May, 5,000 finished units were manufactured, 20,000 pounds of materials were used. The price paid for materials was $2.25 per pound. There were no beginning or ending materials inventories.
Required:
a. Determine the flexible budget materials cost for the manufacture of 5,000 finished units.
b. Determine the actual materials cost incurred for the manufacture of 5,000 finished units, and compute the total materials variance.
c. How much of the difference between the answers to requirements (a) and (b) was related to the price paid for the purchase of materials?
d. How much of the difference between the answers to requirements (a) and (b) was related to the quantity of materials used?
a. The flexible budget materials cost for the manufacture of 5,000 finished units is $60,000.
b. The actual materials cost incurred for the manufacture of 5,000 finished units is $45,000, and the total materials variance is -$15,000.
c. $5,000 of the difference between the answers to requirements (a) and (b) was related to the price paid for the purchase of materials.
d. $28,000 of the difference between the answers to requirements (a) and (b) was related to the quantity of materials used.
a. The flexible budget materials cost for the manufacture of 5,000 finished units can be calculated by multiplying the standard materials cost per unit by the number of units produced. In this case, the standard materials cost per unit is determined by multiplying the standard quantity of materials (6 pounds) by the standard cost per pound ($2.00):
Standard materials cost per unit = 6 pounds/unit * $2.00/pound = $12.00/unit
To determine the flexible budget materials cost, we multiply the standard materials cost per unit by the number of units produced:
Flexible budget materials cost = $12.00/unit * 5,000 units = $60,000
b. The actual materials cost incurred for the manufacture of 5,000 finished units can be calculated by multiplying the actual quantity of materials used by the actual cost per pound. In this case, the actual quantity of materials used is given as 20,000 pounds and the actual cost per pound is $2.25:
Actual materials cost = 20,000 pounds * $2.25/pound = $45,000
To compute the total materials variance, we subtract the flexible budget materials cost from the actual materials cost:
Total materials variance = Actual materials cost - Flexible budget materials cost
= $45,000 - $60,000
= -$15,000
c. The difference between the answers to requirements (a) and (b) can be analyzed to determine how much was related to the price paid for the purchase of materials. To calculate this, we need to isolate the price variance, which is the difference between the standard cost per pound and the actual cost per pound, multiplied by the actual quantity of materials used:
Price variance = (Standard cost per pound - Actual cost per pound) * Actual quantity of materials used
= ($2.00/pound - $2.25/pound) * 20,000 pounds
= -$5,000
Therefore, $5,000 of the difference between the answers to requirements (a) and (b) was related to the price paid for the purchase of materials.
d. To determine how much of the difference between the answers to requirements (a) and (b) was related to the quantity of materials used, we need to isolate the quantity variance. The quantity variance is the difference between the standard quantity of materials and the actual quantity of materials used, multiplied by the standard cost per pound:
Quantity variance = (Standard quantity of materials - Actual quantity of materials used) * Standard cost per pound
= (6 pounds/unit - 20,000 pounds) * $2.00/pound
= -$28,000
Therefore, $28,000 of the difference between the answers to requirements (a) and (b) was related to the quantity of materials used.
In summary:
a. The flexible budget materials cost for the manufacture of 5,000 finished units is $60,000.
b. The actual materials cost incurred for the manufacture of 5,000 finished units is $45,000, and the total materials variance is -$15,000.
c. $5,000 of the difference between the answers to requirements (a) and (b) was related to the price paid for the purchase of materials.
d. $28,000 of the difference between the answers to requirements (a) and (b) was related to the quantity of materials used.
Know more about flexible budget here:
https://brainly.com/question/16017304
#SPJ11
A fund whose goal is to invest in economic development and job creation in impoverished areas is a/an ______.
A)impact-investment fund
B)community fund
C)microlending fund
D)inward-focused fund
An impact-investment fund is a type of fund that aims to generate positive social and environmental impacts alongside financial returns.
It focuses on investing in projects and initiatives that address social and environmental challenges, including economic development and job creation in impoverished areas. Impact-investment funds consider both the financial profitability of their investments and the measurable positive outcomes they can generate. These funds actively seek opportunities to make a meaningful difference by directing capital towards projects that have the potential to create social value and bring about positive change in disadvantaged communities. By investing in economic development and job creation in impoverished areas, an impact-investment fund aligns its financial goals with the objective of making a positive social impact. It seeks to address the root causes of poverty and inequality by supporting initiatives that drive economic growth, create employment opportunities, and uplift communities.
learn more about investment here :
https://brainly.com/question/14921083
#SPJ11
which of the following scenarios is consistent with the laffer curve? group of answer choices
The Laffer curve is a hypothetical relationship between tax rates and government revenue, suggesting that there is an optimal tax rate that maximizes government revenue.
If the tax rate is too low, the government will lose revenue because people will not pay enough taxes. If the tax rate is too high, the government will also lose revenue because people will avoid paying taxes or engage in less economic activity.
The following scenarios are consistent with the Laffer curve:
A government increases taxes, and government revenue initially increases. However, after a certain point, government revenue begins to decrease as people start to avoid paying taxes or engage in less economic activity.
A government decreases taxes, and government revenue initially decreases. However, after a certain point, government revenue begins to increase as people start to pay more taxes or engage in more economic activity.
To learn more about revenue: https://brainly.com/question/28558536
#SPJ11
Explain the differences between horizontal sharding and vertical sharding. What are good applications for both types of sharding, and what are the strengths and weaknesses of each?
Sharding is a technique used in distributed databases to partition a single database into several parts or "shards."
A shard is a portion of the data that has been divided horizontally or vertically.
The two sharding strategies are horizontal sharding and vertical sharding.
Horizontal sharding:
Horizontal sharding divides data into multiple databases, with each database containing a subset of the data.
Because data is spread across several databases, horizontal sharding allows for massive scaling.
The advantages of horizontal sharding are:
Good performance
Fault tolerance
Supports huge data volumes
However, horizontal sharding has a number of drawbacks, including:
Complex and expensive to implement
Difficult to maintain
May have data skewing issues
Vertical sharding:
Vertical sharding, on the other hand, partitions the data at the table level, such that each partition contains a different set of columns.
The main advantages of vertical sharding are:
Lower storage requirements
Reduced I/O load
Simpler architecture
The drawbacks of vertical sharding are:
Difficult to add new attributes
Requires a sophisticated query engine
Less fault-tolerant
Here are some examples of applications that use horizontal sharding:
Applications with high volumes of data (e.g., social networks, e-commerce websites)Applications with many concurrent users
Applications with large amounts of transactions
Here are some examples of applications that use vertical sharding:
Applications that have sparse columns
Applications that require data separation
Applications that do not require horizontal scaling
In summary, horizontal sharding partitions data into multiple databases, while vertical sharding partitions data at the table level.
Horizontal sharding is suitable for applications with high data volumes and many concurrent users, while vertical sharding is suitable for applications that require data separation and do not require horizontal scaling.
Learn more about Sharding from this link:
https://brainly.com/question/30381194
#SPJ11
An apartment lease is typically set up as an annuity due. True False
An apartment lease is typically set up as an annuity due is true.
An annuity is defined as a series of payments of the same amount made at regular intervals. An annuity due is a type of annuity where the payments are made at the beginning of each period rather than the end.
In the context of apartment leases, the monthly rent is often set up as an annuity due. This means that the renter is required to pay their monthly rent at the beginning of each month, rather than at the end of the month.
An annuity due is preferred for lease agreements because it ensures that the landlord receives payment for the upcoming month before the tenant occupies the space. This provides security and stability for the landlord.
Learn more about lease agreements: https://brainly.com/question/32423649
#SPJ11
What percentage is discretionary income?.
The percentage of discretionary income varies based on individual circumstances, and there is no fixed percentage that applies universally.
Discretionary income refers to the portion of a person's income that is available for spending or saving after essential expenses, such as taxes, housing, food, and other necessities, have been deducted.
It represents the disposable income that individuals have control over and can allocate towards various non-essential or optional expenditures, such as entertainment, vacations, luxury goods, and savings.
The percentage of discretionary income can vary widely among individuals and is influenced by various factors, including income level, personal financial obligations, and lifestyle choices. There is no fixed percentage for discretionary income, as it depends on individual circumstances.
For example, individuals with higher incomes may have a larger percentage of discretionary income compared to those with lower incomes, as their essential expenses may constitute a smaller proportion of their overall income. Similarly, individuals with minimal financial obligations or debt may have a higher percentage of discretionary income compared to those with significant financial responsibilities.
To calculate the percentage of discretionary income, one would typically deduct essential expenses from the total income and express the remaining amount as a percentage of the total income. However, it is important to note that discretionary income is a dynamic concept and can fluctuate based on changes in income, expenses, and financial priorities.
In summary, the percentage of discretionary income varies based on individual circumstances, and there is no fixed percentage that applies universally. It is a measure of the disposable income that individuals have control over and can allocate towards non-essential expenses or savings after meeting essential financial obligations.
for more questions on discretionary
https://brainly.com/question/28147009
#SPJ8
REMCO DISTRIBUTORS INC. Income Statement Year Ended December 31, 2020 fi f Additional information for 2020: 1. Cash dividends of $45,000 were declared and paid. Additional information for 2020: 1. Cash dividends of 545,000 were declared and paid. 2. Average number of common shares was 60,000 shares. 3. Market value of common shares on December 31 was $20 per share. 4. All sales and purchases are on account. Required: Using the financial statements and the additional information, calculate the following ratios for 20 Use averages in relevant formuas and show supporting calculations in the workspace below for par
REMCO DISTRIBUTORS INC. Income Statement Year Ended December 31, 2020 Additional information for 2020:1. Cash dividends of 545,000 were declared and paid.
2. Average number of common shares was 60,000 shares.3. Market value of common shares on December 31 was $20 per share.4. All sales and purchases are on account. Calculation of ratios for 2020:
1. Earnings per Share:
Earnings Per Share (EPS) = Net Income / Average Number of Shares Outstanding
Earnings Per Share = $165,000 / 60,000
Earnings Per Share = $2.75 per share
2. Dividend Yield:
Dividend Yield = Cash Dividend Per Share / Market Price Per Share
Dividend Yield = $9.08 / $20
Dividend Yield = 0.454 or 45.4%
3. Price-Earnings Ratio:
Price-Earnings Ratio (P/E Ratio) = Market Price Per Share / Earnings Per Share
P/E Ratio = $20 / $2.75
P/E Ratio = 7.27
These are the required ratios for the given case of REMCO DISTRIBUTORS INC. for 2020.
To know more about Income visit:
https://brainly.com/question/14732695
#SPJ11
Credit bureaus get their information from all of the following sources except
Stores.
References.
Finance companies.
Banks.
Credit card companies.
Credit bureaus get their information from all of the following sources except stores. Instead, they get their information from various sources such as banks, credit card companies, finance companies, and other financial institutions.
Credit bureaus are entities that collect, maintain, and update credit information on consumers and businesses.A credit bureau is a company that collects and maintains data on people's credit history, employment history, and public records such as bankruptcies and court judgments. Credit bureaus get their data from several sources, including banks, credit card companies.
They also get their data from public records such as bankruptcies and court judgments.Credit bureaus use the information they collect to create credit reports for individuals and businesses. Credit reports include a credit score, which is a numerical representation of an individual's creditworthiness. The higher the score, the more likely an individual is to receive credit at favorable terms.
To know more about information visit:
https://brainly.com/question/33427978
#SPJ11
Suppose that you are an investor with a risk aversion coefficient of A = 5. You are deciding about portfolio allocation between the stock market index portfolio and a riskless asset. To come up with the expected market return, you regress one-year market returns on the P/D ratio and you obtain an intercept of 0.26 and a slope of -0.004, both of which are statistically significant. The current value of P/D is 40. Assume that the risk-free rate is 1% and your best estimate of conditional market volatility over the next year is 15%. What is the optimal weight of the market index in your portfolio allocation?
Group of answer choices
25.0%
20.0%
80.0%
75.0%
Optimal weight of market index in the portfolio allocation is 75%. A solution to the problem is below. Investment with risk-aversion coefficient of
A = 5 can be considered a risk-averse investor.
In this case, the investor would want to maximize the utility function given by
U=E(R)-0.5Aσ², where E(R) is the expected return on the portfolio, σ is the volatility of the portfolio, and A is the risk-aversion coefficient.
= 0.26 - 0.004 × 40 = 0.12 or 12%Given that the risk-free rate is 1% and the best estimate of conditional market volatility over the next year is 15%, the expected return on the market portfolio is:Sharpe Ratio (SR)
= (0.12 - 0.01)/0.15 = 0.67To maximize the Sharpe ratio, the optimal weight of the market index in the portfolio allocation is:Optimal weight of the market index
= (0.67)/(0.67 + 0.005)
= 0.992 or 99.2%This is an extremely high allocation to the market, which indicates that the risk-aversion coefficient of A = 5 is relatively low for this investor.
To know more about utility visit:
https://brainly.com/question/31683947
#SPJ11
currently, oscar sells otter food for $6. he is considering decreasing his price from $6 to $5, and wants to determine the impact this price decrease
The impact of decreasing the price of otter food from $6 to $5 depends on various factors such as market demand, competition, cost structure, and customer behavior.
The impact of decreasing the price of otter food from $6 to $5 can be analyzed from different perspectives. Let's explore the potential effects:
1. Increased demand: Lowering the price of a product often leads to an increase in demand. This is because a lower price makes the product more affordable and attractive to potential buyers. As a result, Oscar may experience an increase in the number of customers purchasing his otter food.
2. Competitive advantage: If other sellers in the market are offering otter food at a higher price, Oscar's price decrease may give him a competitive advantage. Customers may choose to buy from Oscar due to the lower price, allowing him to attract new customers and potentially gain a larger market share.
3. Decreased profit margin: Although lower prices may attract more customers, the decrease in price may also result in a decreased profit margin per unit sold. It is important for Oscar to carefully consider the cost of production and any other expenses associated with selling otter food. If the decrease in price results in a significant decrease in profit, it may not be a sustainable strategy.
4. Increased sales volume: While the profit margin per unit may decrease, the overall sales volume may increase due to the lower price. Oscar may sell a larger quantity of otter food at $5 compared to when it was priced at $6. This could potentially lead to an increase in revenue, even with a lower profit margin.
5. Customer loyalty and perception: Lowering the price of otter food may positively impact customer loyalty and perception. Customers may appreciate the lower price and feel more inclined to continue purchasing from Oscar in the long run. Additionally, the perception of otter food being affordable may attract new customers who were hesitant to buy at the higher price.
To know more about impact of decreasing the price refer here:
https://brainly.com/question/34312240
#SPJ11
On January 1 of the current year, Andy and Barney form a Partnership to invest in property. Andy contributes investment land that he acquired two years ago, and that has a fair market value of $100. Barney contributes $100 in cash. Each partner receives a 50% interest in the partnership's capital, profits and losses.
Assets Liabilities & Capital
Book FMV
Cash $100 $100
Land $50 $100
Capital Accounts
Tax Book
Andy $50 $100
Barney $100 $100
The partnership's assets, liabilities, and capital accounts can be summed up as follows based on the information provided:
Assets: Cash: $100 is in the partnership's cash account. Land: Andy contributes investment land that has a fair market value (FMV) of $100 and a book value of $50.Capital Accounts: The partnership has two capital accounts. Liabilities: The partnership has liabilities. Andy's capital account has a book value of $100 and a tax base of $50. - Barney: Barney's capital account has a $100 book value and a tax basis.The entire liabilities and capital of the partnership are $200 ($100 from Andy's capital and $100 from Barney's capital), while the total assets of the partnership are $200 ($100 cash and $100 land FMV). Equal shares of the partnership's capital, profits, and losses are held by each member.
learn more about partnership's here :
https://brainly.com/question/33558718
#SPJ11
Joanna Gaynes was an amazing high school student and so it was no great surprise when she was accepted into Prestige Private University (PPU) To entice Joanna to attend PPU, the school offered her a reduced tuition of $13.000 per year (full-time tuition would typically be $43,000 per year). PPU also has a scholarship peogram thanks to a large donation from Willam Gatos Joanna was the Gatos Scholarship winner and will receive a scholarship for. $20.000. Joanra is required to use the scholarship first to pay her $13.000 tuition and the remainder is to cover room and board at PPU. Lasthy, P.PU aiso ottered Joanna a part-time job on the PPU campus as a student lab assistant in the Biolosy Department of PPU for which she is paid $1.500. Required, Go to the IRS website (wwwirs gov) and locate Publication 970 . Review the section on Scholarships. Requited: Write a letter to Joanta Gaymes stating how much of the PPU package for Joanna is taxable. Submit your letter uink the Turrvin link below.
The taxable portion includes any scholarship amount that exceeds the qualified education expenses, which in this case is the reduced tuition of $13,000.
The remaining scholarship amount that is used to cover room and board expenses is generally considered taxable income. Additionally, any income earned from the part-time job as a student lab assistant is also subject to taxation.
According to IRS guidelines, scholarships and grants used to pay for qualified education expenses, including tuition and certain fees, are generally not taxable. In this case, since Joanna's scholarship of $20,000 is used to cover her reduced tuition of $13,000, the entire scholarship amount is considered tax-free for that purpose.
However, any remaining scholarship amount that is used to cover room and board expenses is typically considered taxable income. The exact taxable portion depends on the specific rules and limitations set by the IRS.
Joanna should refer to Publication 970, which provides detailed information on scholarships, to determine the taxable portion of her scholarship.
Additionally, the part-time job income of $1,500 earned as a student lab assistant is also subject to taxation. This income should be reported on Joanna's tax return as part of her overall taxable income.
To ensure accurate reporting and compliance with tax regulations, it is recommended for Joanna to consult with a tax professional who can review her specific situation and provide guidance on the taxable portion of her PPU package.
Therefore, while the reduced tuition portion covered by the scholarship is not taxable, Joanna should be aware that the remaining scholarship amount used for room and board expenses may be taxable, and her income from the part-time job is subject to taxation.
To know more about expenses, click here-
brainly.com/question/29844123
#SPJ11
16. We want money because money is: a. a valuable resource b. a valuable good c. valuable for making exchanges for goods and resources d. All of the above 17. M2 consists of: a. M1 b. small-denomination time deposits c. savings deposits and money market accounts d. All of the above combined 18. In our fractional reserve banking system: a. banks hold reserves equal to only a fraction of their deposits b. the fraction of deposits that must be held is determined by the discount rate c. the discount rate is set by the Secretary of Commerce d. All of the above 19. If the required reserve ratio is 9%, and 4 th Bank receives a deposit of $50,000, how much may 4 th Bank loan out? a. $50,000 b. $45,500 c. $45,000 d. $4,500 20. If Sara Saver earns a 7% interest rate on her savings when the rate of inflation is 3%, her real interest rate is: a. 10% b. 7% c. 4% d. 3%
16. The correct option is D. All of the above: The statement "We want money because money is valuable for making exchanges for goods and resources" is correct.
Money is a valuable resource, and it is a valuable good. 17. The correct option is D.
All of the above combined: M2 is a monetary aggregate that includes M1 as well as small-denomination time deposits, savings deposits, and money market accounts. 18.
The correct option is A.
banks hold reserves equal to only a fraction of their deposits:
The fractional reserve banking system is a banking system in which banks hold reserves equal to only a fraction of their deposits.
19. The correct option is B. $45,500:
The maximum amount that can be loaned out by 4th Bank is determined by the formula:
Maximum amount loaned out = (1 - Required reserve ratio) × Deposit
Maximum amount loaned out = (1 - 0.09) × $50,000
Maximum amount loaned out = 0.91 × $50,000
Maximum amount loaned out = $45,500
Therefore, the amount that 4th Bank may loan out is $45,500. 20.
The correct option is C. 4%:
The formula for calculating the real interest rate is as follows:
Real interest rate = Nominal interest rate - Inflation rate
Real interest rate = 7% - 3%
Real interest rate = 4%
Therefore, Sara Saver's real interest rate is 4%.
Know more about money here:
https://brainly.com/question/29498634
#SPJ11
