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maw [93]
1 year ago
9

Using the following information what is the velocity of​ money?

Business
1 answer:
OleMash [197]1 year ago
7 0

Answer:

10.14

Explanation:

Velocity of money measures the rate at which money changes hands or is exchanged in an economy.

Velocity = (Price × aggreagrate income) / money supply

(1.69 × $15000) / $2500 = 10.14

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On May 31, the Cash account of Teasel had a normal balance of $5,900. During May, the account was debited for a total of $13,100
KengaRu [80]
5555555 explanation for what you wanna get you know how
5 0
2 years ago
Rennie Norquist is a recent law school graduate. She is employed at Dillard Dobbs Dooley & Duncan, LLP, a 200 lawyer firm. R
Sindrei [870]

Answer:

b. Rennie is not eligible for overtime under the new FLSA regulations because, as a professional worker, she is exempt from overtime regulations.

Explanation:

According to the Fair Labor Standards Act (FLSA) certain employees are exempt from overtime regulations:

  1. executives (top management and board of directors)
  2. professionals: Rennie falls under this category because she already graduated from law school.
  3. administrative
  4. computer
  5. external sales

Anyone that falls under any of these categories, is exempt from overtime pay and other FLSA regulations.

3 0
2 years ago
Bastille Corporation prepares monthly cash budgets.
3241004551 [841]

Answer and Explanation:

The Preparation of the cash budget for January and February is prepared below:-

                                          Bastille Corporation  

                                               Cash budget

                              for the month of January and February  

Particulars                                 January             February  

Beginning cash balance         $46,000              $43,000

Add: Receipts                      

Customer collection                 $326,000           $378,000

Notes receivable collection     $15,000              $0

Sale of marketable securities    0                        $4,000

Total receipts                            $341,000             $382,000

Total cash available                  $387,000           $425,000

Less:  

Cash payments during the

year

Purchases                                   $110,000           $135,000

Salaries                                       $84,000            $81,000

Administrative expenses           $71,000             $74,000

Selling expenses                         $79,000            $88,000

Dividends                                     0                        $10,000

Disbursement total                     $344,000          $388,000

Excess of cash  

available                                      $43,000             $37,000

Financing

Borrowings                                   0                        $3,000

Repayments                                  0

Ending cash balance                   $43,000            $40,000

Note: February beginning balance is the balance of ending cash balance.

5 0
1 year ago
In 2017, BPhone produces 5000 mobile phones and the total labor used to make the 5000 mobile phones is 4000 hours. Using the app
Kamila [148]

Answer:

d.1.25

Explanation:

To find the productivity ratio, we use this formula:

Productivity ratio = Output / Input

now, we plug the amounts into this formula:

Productivity ratio = 5,000 / 4,000

                            = 1.25

Thus, the correct answer is d).

7 0
1 year ago
Question 1 Jenson College provides its own housekeeping services. The College director would like to outsource this service and
NeX [460]

Answer:

c)Qualitative factors that affects outsourcing decision"

1)Quality of services :Whether the company to whom services are outsourced is capable enough or has sufficient experience in providing housekeeping services .A bad quality service can destroy customer /client relations .

2)Long term relations : whether the company to whom services are outsourced is trustworthy and is interested to maintain long term relations .

6 0
1 year ago
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