Answer:
The correct answer is "grew,but by less than 12%"
Explanation:
- Since GDP grew by 12% but at the same time population also increase by 4% so the overall increase will be less than 12% to calculate the exact amount on percentage increase in GDP more data is needed.
Answer:
$2,933.40
Explanation:
For computing the owed amount, first we have to compute the daily rate per day which is shown below:
= Rent received ÷ number of days in a month
= $4,400 ÷ 30 days
= 146.67 per day
We know that the number of days in a month is 30 days and the landlord received a rent on December 10, so the remaining days would be 20 days ( 30 days - 10 days of march month)
Now the owed amount would be
= Remaining days × per day rate
= 20 days × 146.67
= $2,933.40
Explanation:
Data given in the question
Actual cash received = $23,447
But the amount indicated on the cash register is $23,457
So, by considering the above information, the journal entry is as follows
Cash $23,447
Cash short and over $10
To Sales $23,457
(Being the cash receipts and the cash sales is recorded)
Answer:
The correct answer is then it has required reserves of $110 and holds excess reserves of $190.
Explanation:
According to the scenario, computation of the given data are as follows:
Total deposit = $1,000 + $100 = $1,100
So, we can calculate the total reserve required by using following formula:
Total reserve required = 10% × Total deposit
= 10% × $1,100 = $110
And Previous excess = $100
Current access = $90
So, Excess reserve = Previous excess + Current access
= $100 + $90
= $190
Answer:
515,000
Explanation:
The Master-budget capacity utilization is the expected level of capacity which a current budget needs. The term utilization means the amount of capacity needed to meet customer demand.
In the future, Henry Inc estmates that customer demand is unlikely affected and will be around 515,000 pairs for their current budget. Therefore the master-budget capacity utilization level for this budget period is 515,000 pairs.
