The reserve ratio is the ratio of reserves to deposits held by a bank or other financial institution. The money multiplier is determined by dividing 1 by the reserve ratio. Here, the reserve ratio is given as 4%.
The reserve ratio is the proportion of deposits that banks must keep in reserve and not loan out. The money multiplier, on the other hand, is the ratio of the quantity of money in circulation to the quantity of bank deposits that can be used to generate that money.
The reserve ratio is determined by dividing the amount of reserve requirements by total deposits. Thus, if the reserve ratio is 4%, this means that banks are required to keep 4% of their deposits as reserves. This implies that the remaining 96 percent can be lent out.
The formula for calculating the money multiplier is:
Money multiplier = 1 / reserve ratio = 1/0.04 = 25
Therefore, if the reserve ratio is 4%, the money multiplier is 25.
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What negative consequences might a company face if they failed to keep accurate financial records
Answer:
Taxes
Explanation: a negative consequence you may face is paying more taxes than what is called for, you have you pay it otherwise tax fraud is a thing. Not only that but when tax return comes around you won't get paid the full amount. Hope this helps.
a bank form which lists the checks, currency, and coins an account holder is adding to a bank account.
The checks, cash, and coins that are being added to a bank account are listed on a deposit slip.
One can deposit and withdraw money from a bank account, make payments, send money to another person or organisation, pay bills online, and more. Bank accounts allow for cashless transactions and the receipt of direct deposits from employers or other organisations.
Opening a bank account can be one of the most crucial actions to achieve financial objectives. Because keeping money in an FDIC-insured bank account can provide monetary security, simple access to funds, cost savings from check cashing costs, and general monetary peace of mind.
Deposit account funds are used by banks to fund loans to other people or companies. The borrower pays interest on those loans to the bank in return.
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The nominal rate of interest is the same thing as the real rate of interest.
O True
O False
Real Interest Rates can be negative.
O True
O False
False.
The nominal rate of interest and the real rate of interest are not the same thing. The nominal interest rate is the stated interest rate on a financial instrument or loan, without considering the effects of inflation. In contrast, the real interest rate takes into account the impact of inflation and represents the purchasing power of the interest earned or paid.
Real interest rates can indeed be negative. This occurs when the nominal interest rate is lower than the inflation rate. In such cases, the purchasing power of the funds invested or borrowed decreases over time. Negative real interest rates can incentivize borrowing and spending, as individuals and businesses may find it more attractive to utilize funds in the present rather than hold them in assets with diminishing real value.
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Define the terms:
- Scarcity
- Choice
- Opportunity cost
- Efficiency
- Inefficiency
Answer:
Scarcity: In short supply of
Choice: Making a decision
Opportunity Cost: The loss of one aspect of a decision with the benefit of another
Efficiency: Being efficient and accurate as well as reliable
Inefficiency: Not being effective and wasting resources or time
rig co. sold its factory at a gain and immediately leased it back for 10 years. the factory's remaining economic life is 20 years. the lease was reported appropriately as an operating lease. how should rig report the gain in the financial statements?
Rig Co. should report the gain as income in the period in which the sale was completed. The gain should be reported on the income statement as "Gain on Sale of Factory".
The lease should also be reported on the income statement as an expense over the term of the lease.
The gain on sale of the factory should be reported as a non-operating item on the income statement, separate from the operating lease expense. This allows investors to distinguish between the income from the sale of the factory and the expenses related to the lease of the factory.
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The video says only a handful of companies make eyeglasses and they mark them up 10 or 20 or more times. Markup pricing is best defined as deriving a price by _______. a. adding a predetermined percentage of the cost to the cost of the product b. charging a higher price when demand is strong c. balancing supply and demand d. determining the costs and then adding specified dollar amount or percentage of the cost to the seller's cost e. adding a flat dollar amount or percentage to the cost of the product
Answer:
Option A: Adding a predetermined percentage of the cost to the cost of the product
Explanation:
Price
This is simply refered to as money or other thing that ia used i exchanged for the right, ownership or use of a good or service.
Markup
This is commonly defined as thd difference between the cost price and the selling price of an goods or services that the business gives. it is the dollar amount listed or added to the cost of products to get the selling price. It is fondly called Gross Profit , Markup Margin or Margin, Gross Margin.
Standard Markup Pricing
This is the difference between selling price and cost. It is usually called as a percentage of cost.
The need for a markup is that business gather up expenses in order to be in a position to sell goods or services, and the markup covers these expenses and other factors
PLEASE HELP ME!!! I AM FACING PROBLEM ANSWERING THESE QUESTIONS. WRITE A EXECUTIVE SUMMARY AND INTRODUCTION FOR THIS CASE STUDY. 1)executive summary. 250 words 2)introduction 100 to 150 The case study is When DGL International, a manufacturer of refinery equipment, brought John Terrill to manage its services division, company executives informed him of the urgent situation. Technical services, with 20 engineers, was the highest-paid, best-educated and least productive division in the company. The instructions to Terrill: turn it around. Terrill called a meeting of the engineers. He showed great concern for their personal welfare and asked point blank: ‘What’s the problem? Why can’t we produce? Why does this division have such turnover?’ Without hesitation, employees launched a hail of complaints, ‘I was hired as an engineer, not a pencil pusher’, and ‘We spend over half our time writing asinine reports in triplicate for top management, and no one reads the reports’. After a two-hour discussion, Terrill concluded he had to get top management off the engineers’ backs. He promised the engineers, ‘My job is to stay out of your way so you can do your work, and I’ll try to keep top management off your backs, too’. He called for the day’s reports and issued an order effective immediately that the originals be turned in daily to his office rather than mailed to headquarters. For three weeks, technical reports piled up on his desk. By month’s end, the stack was nearly a metre high. During that time no one called for the reports. When other managers entered his office and saw the stack, they usually asked, ‘What’s all this?’ Terrill answered: ‘Technical reports’. No one asked to read them. Finally, at month’s end, a secretary from finance called and asked for the monthly travel and expense report, Terrill responded, ‘Meet me in the president’s office tomorrow morning’. The next morning the engineers cheered as Terrill walked through the department pushing a cart loaded with the enormous stack of reports. They knew the showdown had come. Terrill entered the CEO’s office and placed the stack of reports on his desk. The CEO and the other senior executives looked bewildered. ‘This’, Terrill announced ‘is the reason for the lack of productivity in the technical services division. These are the reports you people require every month. The fact that they sat on my desk all month shows that no one reads this material. I suggest that the engineers’ time could be used in a more productive manner’. The CEO and the senior executives admit that there has been a process error. However, they are not entirely convinced on how Terrill attempted to resolve it. The company brings in you as an organisational leadership consultant to assess the current issues and provide a report with recommendations to resolve matters related to leadership and team development. Refer to the assessment instruction document for detailed instruction. PLEASE HELP ME TO ANSWER MY FINAL ASSESMENT.
As an organizational leadership consultant, your task is to assess the current issues faced by DGL International and provide recommendations for resolving matters related to leadership and team development. To begin, you should provide an executive summary and an introduction for the case study.
The executive summary provides a concise overview of the case study and its main findings. In this case, John Terrill was brought in to manage the services division of DGL International, a manufacturer of refinery equipment. The technical services division, consisting of 20 engineers, was the highest-paid, best-educated, but least productive division in the company. Terrill called a meeting with the engineers to address the problem. During the meeting, employees expressed frustration with their work being hindered by excessive paperwork and micromanagement from top management. To resolve this, Terrill decided to alleviate the engineers' workload by keeping top management off their backs and reducing unnecessary reporting requirements. He asked for daily reports to be submitted directly to his office, rather than being sent to headquarters. Over the course of three weeks, reports piled up on his desk, but no one called for them. Finally, Terrill confronted senior executives, highlighting the lack of productivity caused by the excessive reporting requirements. The executives acknowledged a process error but were unsure about Terrill's approach.
The introduction sets the stage for the case study by providing a brief overview of the situation. DGL International's services division faced a significant productivity challenge, despite having highly skilled engineers. John Terrill was brought in to address this issue. During a meeting with the engineers, Terrill identified excessive paperwork and micromanagement from top management as major obstacles to productivity. To prove his point, Terrill collected daily reports for three weeks without anyone asking for them. He then confronted senior executives with the enormous stack of reports, highlighting the lack of readership and suggesting a more productive use of the engineers' time. The executives acknowledged a process error but remained uncertain about Terrill's actions. As an organizational leadership consultant, your task is to assess the situation and provide recommendations for resolving the leadership and team development issues at DGL International.
Remember to refer to the assessment instruction document for detailed instructions on how to proceed with your analysis and recommendations.
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During 2021, a building with a book value of $70,000 and an original cost of $300,000 was sold at a gain of $60,000. 1. How much cash did anders receive from the sale of the building? 2. How much depreciation expense was recorded on buildings during 2021? 3. What was the cost of buildings purchased by anders during 2021?
1. The cash that Anders received from the sale of the building was $130,000.
2. The depreciation expense recorded on buildings during 2021 was $45,000.
3. The purchase cost of buildings by Anders in 2021 was $280,000.
How were the numbers determined?The cash received from the sale of the building was an addition to the book value and the gain from the sale.
The depreciation expense is worked out by preparing the T-account for Accumulated Depreciation using the data on buildings.
Similarly, the cost of the buildings purchased during 2021 is a product of the T-account for Buildings.
Book value of building during 2021 = $70,000
Original cost of building = $300,000
Gain from the sale of the building = $60,000
Cash received from the sale of the building = $130,000 ($70,000 + $60,000)
T-accounts:Building
Account Titles Debit Credit
Beginning balance $400,000
Sale of a building $300,000
Purchase of building 280,000
Ending balance $380,000
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Accumulated Depreciation - Buildings
Account Titles Debit Credit
Beginning balance $285,000
Sale of a building $230,000
Depreciation Expense 45,000
Ending balance $100,000
Question Completion:2021 2020
Buildings $ 380,000 $ 400,000
Accumulated depreciation-Buildings (100,000) (285,000)
Buildings, net $ 280,000 $ 115,000
A company uses a standard costing system with direct labor hours (DLHS) as the allocation base for fixed manufacturing overhead (FMOH) and a standard of 3 DLHs per unit. For the most recent period, the company reported the following data: FPOHR $5 per DUH Actual DLHS 14,000 hours Actual FMOH $36,000 FMOH Budget Variance $7,500 Unfavorable FMOH Volume Variance $4,500 Favorable Q. What was the actual number of units produced for the period?
The actual number of units produced for the period is 4,667 units. It can be calculated by dividing the actual direct labor hours (DLHS) by the standard DLHs per unit.
The actual number of units produced for the period can be calculated by dividing the actual direct labor hours (DLHS) by the standard DLHs per unit.
We divide the actual DLHS by the average DLHs per unit to get the real number of units produced. The real DLHS in this example is 14,000 hours. Three DLHs are designated as the standard DLHs per unit. As a result, we can determine the actual number of units generated using the formula below:
Actual number of units produced = Actual DLHS / Standard DLHs per unit
= 14,000 hours / 3 DLHs per unit
= 4,666.67 units
Units are always whole numbers, hence the result is rounded to the nearest whole number. As a result, 4,667 units were actually produced throughout the time period.
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OJT is best for large groups.
True
False
Which marketing mix element related to storing over 1000 products in a temporary warehouse. Promotion Product Price or Place
ILL MARK BRANILIEST
Answer:
bvcexwxcvb BOOM NOW BRANLIEST PLZ
Explanation:
He direct materials budget shows: units to be produced 2000 total pounds needed for production 10000 total materials required 10900 what are the direct materials per unit?
Direct materials per unit: 5.0 pounds = 10,000 pounds needed for production / 2,000 units to be produced.
The quantity of the direct materials per unit is obtained by dividing the total pounds needed for production by the units to be produced.
The denominator is clear that is 2,000 units but the numerator is a choice between the two options of the total pounds needed for production or the total materials required.
The total materials which is required contains not only the amount of the materials required for production but also the ending inventory is to be maintained after production is completed for the period. So, the numerator which is used in this formula is the total pounds needed for production:
Direct materials per unit = Total pounds needed for production ÷ units to be produced
Direct materials per unit = 10,000 pounds ÷ 2,000 units
Direct materials per unit = 5.0 pounds
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How do I pay taxes once I turn 18?
Answer:
ask your mother
Explanation:
ask your mother:)
What is one way that technology can improve the production of goods? Websites can allow consumers to purchase goods online. Container ships can transport a number of goods at once. Automation can create goods more cheaply and easily. Airlines can send goods from one place to another. WILL MARK BRAINLIEST
One way that technology can improve the production of goods is : ( C ) Automation can create goods more cheaply and easily
What is AutomationAutomation is the creation and application of technologies to the process of production and distribution of goods and services with minimal or no human intervention. Automation makes the creation of goods easier and with less cost.
Hence we can conclude that One way that technology can improve the production of goods is Automation can create goods more cheaply and easily.
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Find a recent new article relating to the use/misuse of inventory/assets within a business/organization that sells inventory.
Summarize the event by writing a report on your findings. Keep in mind what is considered to be good corporate governance, ethical behavior and internal auditing and control
Stock to sales is a performance ratio this is used to decide the rate at which the corporation is liquidating its inventory. but honestly, the inventory to sales ratio measures the amount of inventory the company is wearing compared to the quantity of income that is being made.
The principle feature of inventory is to provide operations with ongoing delivery of substances. To gain this function efficiently, your enterprise needs to try to discover a candy spot between an excessive amount and too little, without ever walking out of stock.
The 3 maximum commonly used stocks are uncooked substances, work in development (WIP) inventory, and finished items. inventory refers to all the products, items, and materials bought or manufactured by means of a commercial enterprise for selling to the customer to make an income.
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When to order can be calculated by the rop and expressed as a quantity. group of answer choices
a. true
b. false
When to order can be calculated by the ROP and expressed as a quantity.
True, the given statement is correct.
ROP models show when orders should be placed in relation to available inventory.
What is the ROP model?Reorder point, or ROP is the inventory level at which an order to restock the stock of goods is activated. As inventories are depleted over time, the item gets reordered once it reaches the ROP. There is a unique reorder point for each item or SKU. In essence, the reorder point enables you to place an order just in time to avoid the supply running out before the replenishment limit.
Data input is necessary for the order point (ROP) model. The system will be able to offer the ROP with the use of an algorithm. These are the input details:
The merchandise's rate of consumption
The amount of time it takes for an item to arrive at your factory
The quantity of safety stock you have
Thus, the ROP model is dynamic, something that must be kept in mind. That implies that all variables and parameters experience changes over time. It is advised that you examine and update it every three to six months.
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what factors determine the elasticity of resource demand?
Answer:
the rate of decline of mp
What are the differences between flexibility and compromise
Answer:
Flexibility mean you're more flexible about doing something. For example you could have flexible working hours which would mean you can work alot of the time like you can bend easily around when you work and compromise means you're wiling to meet in the middle so an agreement made that makes everyone happy.
Which c of the four c’s of marketing associates withe the promotion element of the marketing mix
Answer:
Communication
Explanation:
In the four Ps of marketing, promotion is closely associated with communication in the 4c of marketing. Promotions are the activities a business undertakes to convince customers to buy a product. Communication is a more customer-oriented approach compared to a promotion, which can be manipulative.
Communication involves creating an interaction between buyer and seller. The buyer seeks to form a relationship with the sellers and convince them to buy.
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julia sims has $38,000 of adjusted gross income and $6,080 of medical expenses. she expects to itemize her tax deductions this year. the most recent tax year has a medical expenses floor of 10 percent. how much of a tax deduction for medical expenses will julia be able to take?
Deductible medical expenses equal total medical expenses minus 10% of adjusted gross income = $5,000 (0.10 $30,000) = $2,000
What exactly are medical expenses?Medical expenses are typically defined as the costs of medical care, treatment, and services. These costs can range from fees charged by doctors, hospitals, and other medical professionals to the price of prescribed medications, medical devices, and diagnostic tests. Medical expenses may also include medical insurance costs such as premiums, deductibles, and co-payments. Medical expenses can also include the costs of alternative treatments or treatments, including such chiropractic or acupressure, as well as travel fees incurred to receive medical care. There is no medical expense deduction if the deductible medical expenses are equal to or less than 10% of adjusted gross income.
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FILL IN THE BLANK ____________ involves development of solutions with input by the people who will be affected.
Participative decision making involves the development of solutions with input from the people who will be affected by those solutions.
This approach encourages collaboration and open communication among team members, allowing everyone to contribute their ideas, perspectives, and experiences to the decision-making process. By involving all relevant stakeholders, participative decision making fosters a sense of ownership and commitment to the final decision, which can lead to improved implementation and increased satisfaction.
Additionally, this method can help organizations benefit from the diverse knowledge and skills of their members, resulting in more informed and effective decisions. Overall, participative decision making is a valuable approach for organizations seeking to promote teamwork, innovation, and shared responsibility.
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An agreement between countries to encourage free trade and promote thegroup's collective economic interests is an__
O A. comparative advantage
OB. trade bloc
O C. absolute advantage
D. trade barrier
Answer:
OB. trade bloc.
Explanation:
A trade bloc is when a group of countries come together and form or create an agreement that reduced or even eliminates any restrictions on trade between themselves. This type of intergovernmental agreement allows the participating countries to have cordial economic relationships with each other.
Through this type of agreement, the regional barriers to international trade are open or given fewer restrictions to allow or encourage free trade between themselves. Moreover, it also allows them to trade among themselves and prevent the non-members from participating in any economic trade with the member nations.
Thus, the correct answer is option B.
What is added to the price of goods and services at the time of purchase?
Answer:
VAT
Value Added Tax
______________'_''
How is Biden an affect on America.
The business environment involves transforming ___
Select one:
a. Products to make profit
b. Resources into products to meet the needs of the organisation
c. Inputs into outputs to meet the needs of the customers
d. Inputs into outputs to meet the needs of the environment
Answer:
a) products to make profit
Explanation:
Do not overthink your answer. The goal of business is to make profit, and many companies are not involved in being good for the environment or even their customers.
Kyle made a down payment of $850 towards his car loan. He will be paying $415 every month for 24 months.
A group of friends wishes to purchase 200 disposable facemasks and 100 cloth masks. Bids have been received from the wholesalers. Indosplas manufacturer has agreed to supply not more than 200 facemasks. M\&J Heng De manufacturer not more than 250, Aldelai manufacturer not more than 150 . The owner of the shop has estimated that his profit per facemasks sold from Indosplas manufacturer would be P52/disposable facemask and P25/cloth mask, from M\&J Heng De manufacturer would be P42/disposable facemask and P30/cloth masks, and from Aldelai manufacturer would be P42/disposable facemasks and P30/cloth maks The Western shop wants to determine maximum profit.
The Western shop should purchase 150 disposable facemasks from Aldelai and 50 disposable facemasks from Indosplas for maximum profit.
To maximize profit, the Western shop should purchase 150 disposable facemasks from Aldelai (P42 profit per mask) and 50 disposable facemasks from Indosplas (P52 profit per mask).
This would result in a profit of P6,300 (150 * P42) from Aldelai and P2,600 (50 * P52) from Indosplas, totaling P8,900 from disposable facemasks. For cloth masks, the shop should purchase 100 from M&J Heng De (P30 profit per mask) for a profit of P3,000 (100 * P30).
Therefore, the maximum profit would be P11,900 (P8,900 + P3,000) by purchasing 150 disposable facemasks from Aldelai and 50 disposable facemasks from Indosplas, along with 100 cloth masks from M&J Heng De.
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Describe any three (3) of distinct models that structured in the physical/technical component of the blueprint. (6 marks) b) State any five (5) benefit of pilot testing. (10 marks) c) Describe the following guidelines to facilitate reengineering project: (4 marks) i) Starting a team ii) Making it real by writing it down
a) Three distinct models in the physical/technical component of the blueprint are: 1) Waterfall Model, 2) Agile Model, and 3) Spiral Model.
b) Five benefits of pilot testing include: 1) Identifying potential issues, 2) Gathering feedback for improvements, 3) Reducing risks and costs, 4) Building stakeholder confidence, and 5) Enhancing the final product.
c) Guidelines to facilitate reengineering projects include: i) Starting a team and ii) Making it real by writing it down.
a) In the physical/technical component of the blueprint, there are several models that can be used to structure the process. Three distinct models are:
Waterfall Model: This model follows a sequential approach where each phase of the project is completed before moving on to the next. It includes requirements gathering, design, implementation, testing, and maintenance. The Waterfall Model is best suited for projects with well-defined and stable requirements.Agile Model: The Agile Model is an iterative and incremental approach that focuses on flexibility and adaptability. It involves breaking the project into small iterations or sprints, where cross-functional teams collaborate closely and deliver working software incrementally. Agile allows for quick feedback, continuous improvement, and faster time to market.Spiral Model: The Spiral Model combines elements of the Waterfall Model and prototyping. It consists of multiple iterations, each involving risk analysis, prototyping, development, and evaluation. The Spiral Model is suitable for projects where risk management is crucial and requirements are likely to change.b) Pilot testing offers several benefits in the development and implementation of projects. Five key advantages include:
Identifying potential issues: Pilot testing allows for real-world testing in a controlled environment, which helps identify potential problems or flaws in the project. This early detection enables proactive measures to address issues before full-scale implementation.Gathering feedback for improvements: By involving end-users or stakeholders in the pilot testing phase, valuable feedback and insights can be collected. This feedback can be used to refine and improve the project, ensuring that it meets the intended objectives and user requirements effectively.Reducing risks and costs: Pilot testing helps mitigate risks by providing an opportunity to test the project on a smaller scale before investing significant resources. It helps uncover risks and challenges early, reducing the likelihood of costly errors or failures during full-scale implementation.Building stakeholder confidence: Pilot testing demonstrates a commitment to quality and thoroughness. It instills confidence in stakeholders by showing that the project has been thoroughly tested and is more likely to succeed when deployed on a larger scale.Enhancing the final product: Through pilot testing, valuable insights are gained about the project's strengths and weaknesses. This knowledge can be used to refine and optimize the final product, ensuring that it delivers the desired outcomes effectively.c) Facilitating a reengineering project involves specific guidelines to ensure its success. Two essential guidelines are:
Starting a team: Assemble a dedicated team of individuals with diverse expertise and perspectives. This team should consist of individuals who are knowledgeable about the current processes and possess the skills necessary for the reengineering project. A multidisciplinary team can bring a comprehensive understanding of the existing processes and contribute innovative ideas for improvement.Making it real by writing it down: Documenting the project's goals, objectives, and strategies is crucial. Writing down the reengineering plan helps provide clarity and serves as a reference for all team members. It ensures that everyone is aligned and working towards the same objectives. Additionally, a written plan allows for easy communication and sharing of information with stakeholders and other relevant parties.Learn more about Distinct models
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PLEASE HELP! I'M DOING A TEST!!!
Which analyst position analyzes information using mathematical models to help business managers make decisions?
A) Budget Analyst
B) Management Analyst
C) Credit Analyst
D)Operations Research Analyst
Answer:
operations research analyst