Answer:
The correct answer is letter "D": company that specializes in making replacement tiles for the space shuttle.
Explanation:
Market-dependent industries are those whose production relies on the manufacturing of another institution. This is a threat for the entity since if the other producers fail, the entity is likely to follow the same path. The situation is even worse when the manufacturing company produces rare or uncommon goods.
Therefore, <em>a firm producing replacement tiles for space shuttles is highly market-dependent since a few organizations worldwide require spare parts for space tiles, which is not a common product traded in the market.</em>
Answer:
Explanation:
The consumer credit protection act was inacted to protect employee from discharge by the employer in case there wage has been garnished in any one debt. However the provision has provided for some limit till which the garnishment can be done. The provision applies to all who receive earning for their personal services. The provision says the credit would be lesser of 25% of disposable income or by the amount which is greater than 30 times of minimum hourly wages (i.e $7.25).
Here in this case Geraldine Wolfe was paid biweekly and 80% was his disposable income. So the calculation would be as follow with 52 weeks in a year.
Disposable income = ($45000/52)*2*80%=$1385 (round off to nearest dollar)
25% of disposable income= $346.25 ($1385*25%)
With minimum wage of $7.25= $7.25*60 (biweekly)=$435
so the amount which is greater than the minimum hourly wage is =$1385-$435=$950
Conclusion:- So the maximum wage garnishment can be lesser of $ 346.25 or $950. Hence it will be $346.25 which is the maximum garnishment allowed for Geraldine's consumer credit garnishment.
The error of Naomi is that she included the receipts of interest, receipts of dividends, and proceeds from planned sales of plant assets in the cash receipts section. This section would only include the cash sales and collection of accounts receivable with the forecasted sales per month of the company. As a result of this error, the cash receipts would be too high.
Answer:
The required reserves increases by $6.250
Explanation:
Step 1. Given information.
Stella deposits $25.000
Required reserve 25%
Step 2. Formulas needed to solve the exercise.
Required reserves = deposits * reserve ratio
Excess reserves = deposits - required reserves
Step 3. Calculation.
Required reserves = 25.000 * 0.25 = $6.250
Excess reserves = 25.000 - 6.250 = $18.750
Step 4. Solution.
The required reserves are $6.250 and the excess reserves is $18.750
