Answer:
b. Under this check tax, the money supply would have increased, because the currency-deposit ratio increased, which in turn increases the money multiplier.
Explanation:
Answer:
Total cost= $8,817
Explanation:
Giving the following information:
Sherburne Snow Removal's cost formula for its vehicle operating cost is $2,510 per month plus $371 per snow-day.
The actual level of activity was 17 snow-days.
<u>The flexible budget will adapt the standard cost to the actual usage.</u>
Flexible budget:
Fixed costs= 2,510
Variable cost= 371*17= 6,307
Total cost= $8,817
Cost of Making the product is as below, We shall exclude the amount of $3 per unit of fixed cost as it is not a relevant cost
Cost of Manufacturing Cost of Buying Difference
Direct Materials $5
Direct Labour $15
Variable Overheads $10
Fixed Overheads $2
Total Manufacturing Cost $32
Total Purchase Cost $37
Total Cost (12000 Units) 384000 444000 60000
Rent Income (40000) (40000)
Total Difference 20000
Thus as can be observed above the company incurs an extra cost of $20000 if it purchases the component from a third party. Thus its advisable if the company produces the component in its own premises.
The correct answer would be option D. Mr. Jones, who has positive client reviews and charges moderate fees.
Her goal is to achieve a 8% return in one year so that she can buy a house. Mr. Jones, who has positive client reviews and charges moderate fees, would be the most appropriate one for her.
Explanation:
When choosing the best for you, you must make a decision by considering all the factors contributing in the choice of that alternative.
So when Helena wants to hire an adviser who can help her guide her with the investments, she should choose the one who has positive clients' reviews. This would be to first priority for Helena to choose the adviser. Secondly if that adviser charges moderate fee, then this would be a plus point for that alternative.
So Helena must choose Mr. Jones who has both positive reviews as well as charges moderate fees.
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Answer:
Please see attachment .
Explanation:
Please see attachment .Please note that the sketch for supply and demand curves are staircase shaped.