Suppose the Treasury sells $10 billion worth of securities to the Social Security Administration and $15 billion to the general public. This sale added ________ billion to gross public debt and ________ billion to the debt held by the public.

Answers

Answer 1
Answer:

Answer:

$25 billion and $15 billion

Explanation:

Given:

Social Security Administration = $10 billion

General public held = $15 billion

Computation of Total gross public debt :

Total gross public debt = Social Security Administration + General public held

Total gross public debt = $10 billion + $15 billion

Total gross public debt = $25 billion

Total gross debt held by public = $15 billion


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McCoy Brothers manufactures and sells two products, A and Z in the ratio of 5:2. Product A sells for $75; Z sells for $95. Variable costs for product A are $35; for Z $40. Fixed costs are $418,500. Compute the contribution margin per composite unit
Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget. a. Beginning cash balance on June 1, $26,000. b. Cash receipts from sales, $264,000. c. Budgeted cash disbursements for purchases, $138,000. d. Budgeted cash disbursements for salaries, $80,000. e. Other budgeted expenses, $15,000. f. Cash repayment of bank loan, $10,000. g. Budgeted depreciation expense, $25,000.
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A man works for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their products: splishy splashies, frizzles, and kipples. All of these products have been on the market for some time, but, to entice better sales, Run-of-the-Mills wants to try a new advertisement that will market two of the products that consumers will likely consume together. As a former economics student, a man knows that complements are typically consumed together while substitutes can take the place of other goods.Run-of-the-Mills provides man's marketing firm with the following data: When the price of splishy splashies decreases by 5%, the quantity of frizzles sold increases by 4% and the quantity of kipples sold decreases by 6%. A man's job is to use the cross-price elasticity between splishy splashies and the other goods to determine which goods to a man marketing firm should advertise together.Complete the first column of the following table by computing the cross-price elasticity between splishy splashies and frizzles, and then between splishy splashies and kipples. In the second column, determine if splishy splashies are a complement to or a substitute for each of the goods listed. Finally, complete the final column by indicating should be recommended marketing with splishy splashies.Relative to Splishy Splashies Recommend Marketing with Splishy SplashiesCross-Price Elasticity of Demand Complement or SubstituteFrizzles _____ _____ _____Kipples _____ _____ _____

SUID or SGID special permissions are represented with this letter in the user or group owner's execute position.s

Answers

SUID or SGID special permissions are represented with this letter in the user or group owner's execute position is S

What is SUID and SGID?

  • SUID: It is special file permission for executable files. This enables other users to run the file with the effective permissions of the file owner. But Instead of normal x which represents executable permissions. We will see s(this indicates SUID) special permission for the user.

  • SGID: This is also special file permission for executable files that enables other users to inherit the effective GID(Group Identifier) of a group owner. Here rather than x which represents executable permissions, we will see s(which indicates SGID) special permission for group users

Learn more about SUID and SGID refer:

https://www.geeksforgeeks.org/finding-files-with-suid-and-sgid-permissions-in-linux/

#SPJ4

If the marginal cost of producing the fifth unit of output is higher than the marginal cost of producing the fourth unit of output, then at five units of output, average total cost must be rising.a. True
b. False

Answers

Answer: a. True

Explanation:

Marginal Cost as well known is the cost of producing an extra unit of a good. Average Cost on the other hand is the cost of producing all the goods divided by the number of units that are produced.

It therefore stands to reason that if goods are getting more expensive to produce, the Average Cost will rise.

For example, take 2 scenarios.

Scenario 1.

Cost of producing units 1 to 5 is $2 each.

Average Cost = (2 + 2 + 2 + 2 + 2) / 5

= 10/5

Average Cost = $2

Scenario 2

Cost of Producing Units 1 to 5 are;

Unit 1 - $2

Unit 2 - $2

Unit 3 - $2

Unit 4 - $2

Unit 5 - $4

Average cost at unit 5 = (2 + 2 + 2 + 2 + 4)/5

= 12/5

= $2.40

Average Cost has increased by $0.40

A bond has a modified duration of 8 and a price of 112,955 calculated using an annual effective interest rate of 6.4%. EMAC is the estimated price of this bond at an interest rate of 7.0% using the first-order Macaulay approximation EMOD is the estimated price of this bond at an interest rate of 7.0% using the first-order modified approximation Calculate EC EMOD A. 91 B. 102 C. 116 D. 127 E. 143

Answers

Answer:

Option E (143) is the appropriate solution.

Explanation:

According to the question,

The modified duration will be:

= (Macaulay \ duration)/((1+yield))

= 8* 1.064

= 8.512

The percentage change in price will be:

= -0.6* 8 \ percent

= -4.8 (%)

Now,

The EMOD will be:

= 112955* (1-4.8 \ percent)

= 107533.2 ($)

Or,

The EMAC will be:

= 112955* ((1.064)/(1.07) )^(8.512)

= 107675.7 ($)

Hence,

EMOD-EMAC=107533.2-107675.7

                                  =-142.5

EMAC-EMOD=143

An increase in the interest rate A. increases the percentage yield of holding money. B. decreases the opportunity cos

Answers

Answer:

increases the opportunity cost of holding money

Explanation:

An increase in the interest rate actually increases the opportunity cost of holding money.

The opportunity cost of holding money is the nominal interest rate. Opportunity cost can be referred to as the interest rate that is forgone on alternative assets. So, when interest rate increases, the opportunity cost of holding money also increases.

During October, Crane Company experiences the following transactions in establishing a petty cash fund. Oct. 1 A petty cash fund is established with a check for $146.00 issued to the petty cash custodian.
Oct. 31 A check was written to reimburse the fund and increase the fund to $196.00.

A count of the petty cash fund disclosed the following items:
Currency $59.00
Coins 2.07
Expenditure receipts (vouchers):
Supplies $24.73
Miscellaneous items 15.03
Postage 38.33
Freight-Out 5.43

Journalize the entries in october that pertain to the petty cash fund.

Answers

Explanation:

The journal entries are shown below:

1. Petty cash A/c $146

            To Cash A/c $146

(Being the petty cash fund is established)

2. Office supplies A/c Dr $4.73

Miscellaneous items $15.03

Postage $38.33

Freight-Out $5.43

Cash short and over A/c $21.41      (Balancing figure)

Petty cash A/c $50         ($196 - $146)

             To Cash $134.93    ($196 - $59 - $2.07)

(Being the expenses are recorded)

     

The following data apply to Hill's Hiking Equipment: Value of operations $20,000, Short-term investments $1,000, Debt $6,000, Number of shares 300; The company plans on distributing $50 million by repurchasing stock. What will the intrinsic per share stock price be immediately after the repurchase?

Answers

Answer:

$50

Explanation:

Solution

Recall that:

The company plans on giving out $50 million by repurchasing stock hence, number of stock to be purchased = 50/50 = 1 million

The Number of share bought back = 300-1 = 299

Thus

$20,000 + $1,000 - $6000 = $15,000

$15,000 / 300 shares = $50

                                    Before Repurchase  After the repurchase

Value of operations    20000                          20000

Short-term investments    1000                        950

Less : Debt                    6000                           6000

Intrinsic value of equity    15000                      14950

Number  of shares           300                           299

Intrinsic value per share    50                           50

Therefore the intrinsic per share stock price be immediately after the repurchase is $50