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pickupchik [31]
2 years ago
9

The primary purpose of the legal reserve requirement is to:

Business
1 answer:
Marta_Voda [28]2 years ago
4 0

Answer: The correct answer is choice C.

Explanation: The primary purpose of the legal reserve requirement is to provide a means by which monetary authorities can influence the lending ability of commercial banks. These policies are the way in which the Federal Reserve can control the money supply.

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Shirts.com makes business dress shirts. The shirts could have defects in various ways including in the weave or color of the fab
fredd [130]

Answer: c.) Yes, the process is in control.

Explanation:

For the process to be in control, the number of defects have to be between the Upper Control Limit and the Lower Control limits of the c-chart which can be used to measure defects of irregularities per unit.;

UCL = C-bar + z*√(c-bar)

LCL = C-bar - z*√(c-bar)

C - Bar = \frac{Number of Dfects}{Number of shirts}

C - Bar = \frac{4+6+3+1+5+6+4+6}{8}

C - Bar = 4.375

z = 3 when using the 3 sigma control

UCL = C-bar + z*√(c-bar)

UCL = 4.375 + 3 * √(4.375)

UCL = 10.65

LCL = C-bar - z*√(c-bar)

LCL = 4.375 - 3 * √(4.375)

LCL = -1.9

LCL = 0 (Lower limit minimum should be 0 at least)

Defects are within the control limits. The process is in control.

6 0
2 years ago
Suppose General Motors charges its Mexican subsidiary $1 million for auto assembly equipment that could be purchased on the open
SIZIF [17.4K]

Answer: Transfer pricing

Explanation:

5 0
2 years ago
Read 2 more answers
Big data analytics programs (which analyze massive data sets to make decisions) use gigantic computing power to quantify trends
Sidana [21]

Answer:

The correct answer is: No, it may not decrease the humanity of production in organizations.

Explanation:

To begin with, the term known as <em>''humanity of production'' </em>refers to that human element that gives to the company its capability of leadership and other human abilities. Moreover, when it comes to the big data analytics those programs would not decrease the humanity of production because in order to create all those programs and in order to read all the information that those programs give and to use it and implement there will be a need of using human capital to complete the whole objective. So therefore that human will be as need as machines.

8 0
2 years ago
Periodic inventory by three methods The beginning inventory for Midnight Supplies and data on purchases and sales for a three-mo
dybincka [34]

Answer:

1. We have:

Inventory on March 31 = $1,010,625

Cost of merchandise sold for the three-month period = $10,891,875

2. We have:

Inventory on March 31 = $881,250

Cost of merchandise sold for the three-month period = $11,021,250

3. We have:

Inventory on March 31 = $980,975.27

Cost of merchandise sold for the three-month period = $10,921,524.73

4. We have:

Details                               FIFO               LIFO                Weighted Average

                                              $                     $                                 $

Sales                            19,875,000      19,875,000                 19,875,000

Cost of Goods sold  <u>  (10,891,875)  </u>  <u>  (11,021,250)  </u>            <u>   (10,921,525)  </u>

Gross Profit               <u>    8,983,125 </u>     <u>   8,853,750 </u>                    <u> 8,953,475 </u>

Inventory, March 31       1,010,625           881,250                      980,975

Explanation:

1. Determine the inventory on March 31 and the cost of merchandise sold for the three-month period, using the first-in, first-out method and the periodic inventory system.

Note: See part 1 of the attached excel file for the determined inventory on March 31 and the cost of merchandise sold for the three-month period, using the first-in, first-out method and the periodic inventory system.

From the part 1 of the attached excel file, we have:

Inventory on March 31 = $1,010,625

Cost of merchandise sold for the three-month period = $10,891,875

2. Determine the inventory on March 31 and the cost of goods sold for the three-month period, using the last-in, first-out method and the periodic inventory system.

Note: See part 2 of the attached excel file for the determined inventory on March 31 and the cost of merchandise sold for the three-month period, using the last-in, first-out method and the periodic inventory system.

From the part 2 of the attached excel file, we have:

Inventory on March 31 = $881,250

Cost of merchandise sold for the three-month period = $11,021,250

3. Determine the inventory on March 31 and the cost of goods sold for the three-month period, using the weighted average cost method and the periodic inventory system.

Note: See part 3 of the attached excel file for the determined inventory on March 31 and the cost of merchandise sold for the three-month period, using the weighted average cost method and the periodic inventory system.

From the part 3 of the attached excel file, we have:

Inventory on March 31 = $980,975.27

Cost of merchandise sold for the three-month period = $10,921,524.73

4. Compare the gross profit and the March 31 inventories, using the following column headings.

Details                               FIFO               LIFO                Weighted Average

                                              $                     $                                 $

Sales                            19,875,000      19,875,000                 19,875,000

Cost of Goods sold  <u>  (10,891,875)  </u>  <u>  (11,021,250)  </u>            <u>   (10,921,525)  </u>

Gross Profit               <u>    8,983,125 </u>     <u>   8,853,750 </u>                    <u> 8,953,475 </u>

Inventory, March 31       1,010,625           881,250                      980,975

Download xlsx
6 0
2 years ago
People of lower socioeconomic status are more likely to smoke tobacco, but the data collected does not indicate why. However, wi
Stells [14]

Answer:

Option A "Qualitative" is the right option.

Explanation:

  • Qualitative approaches usually involve data analysis models and techniques from some kind of wide range of functional professional disciplines.
  • This same occurrence we were also willing to take part though is that smoker's behavior patterns with a relatively low socio-economic designation have been qualitative. Individual qualities as well as other qualities are indeed qualitative research.

And the above response is the appropriate one.

5 0
2 years ago
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