Answer:
A
Explanation:
Answer:
because people would have to have good contraptions in order to be able to make free choices
Explanation:
Answer:
The depreciation expense for 2017 is $14,400
Explanation:
Coronado Industries uses the units-of-production depreciation method to calculate Coronado Industries by the following formula:
Depreciation Expense = [(Cost of asset − Residual Value ) x Number of Units Produced]/Life in Number of Units
In the company,
Depreciation Expense per mile = ($108,800-$3,000)/132,250= $0.8
The truck was 18000 miles in 2017, so the depreciation expense for 2017:
18,000 x $0.8 = $14,400
Answer:
a) Assets: Reserves $200,000; Liabilities: Deposits $200,000
b) Amount Deposited: $2000,000; Change in Excess Reserves: $190,000; and Change in Required Reserves: $10,000
c) See the calculation below and the attached excel file for the table.
d) the $200,000 injection into the money supply results in an overall increase of $4,000,000 in demand deposits.
Explanation:
These can be answered as follows:
a) Complete the following table to reflect any changes in First Main Street Bank's T-account (before the bank makes any new loans).
Note: See the attached excel file for the table.
The $200,000 deposited by Lorenzo to First Main Street Bank led to the creation of both an asset and a liability for First Main Street Bank.
As a result, the reserve of the bank is increased by $200,000 on the asset side of the T-account. It is therefore now possible for the ban to grant loan to other customers from these additional reserves.
In addition, the demand deposit of the bank is increased by $200,000 on the liability side of the T-account. This is recorded as a demand deposit because it is possible for Lorenzo to come at any time to the band to withdraw his deposit either by using a debit card or by writing a check.
b) Complete the following table to show the effect of a new deposit on excess and required reserves when the required reserve ratio is 5%. Hint: If the change is negative, be sure to enter the value as negative number.
Note: See the attached excel file for the table. Just scroll the excel file down to part b.
The required reserve ratio of 5% indicates that First Main Street Bank has to hold 5% of the $200,000 the deposit or fresh fresh reserves, and this will result in having a 95% excess reserve which the bank can employ to grant loans.
From the amount deposited, the change in excess reserve and the change in the required reserve can be computed as follows:
Amount deposited = $200,000
Change in excess reserve = $200,000 * (1 - 5%) = $190,000
Change in required reserve = $200,000 * 5% = $10,000
c) Now, suppose First Main Street Bank loans out all of its new excess reserves to Juanita, who immediately uses the funds to write a check to Gilberto. Gilberto deposits the funds immediately into his checking account at Second Republic Bank. Then Second Republic Bank lends out all of its new excess reserves to Lorenzo, who writes a check to Neha, who deposits the money into her account at Third Fidelity Bank. Third Fidelity lends out all of its new excess reserves to Teresa as well.Fill in the following table to show the effect of this ongoing chain of events at each bank. Enter each answer to the nearest dollar.
Note: See the attached excel file for the table. Just scroll the excel file down to part c.
As already computed in part b above, we have the following to show the effect of this ongoing chain of events at each bank, we have:
For First Main Street Bank:
Increase deposit = Deposit from Lorenzo = $200,000
increase in required reserve = $200,000 * 5% = $10,000
Increase in loans = Loan to Juanita = $200,000 * (1 - 5%) = $190,000
For Second Republic Bank:
Increase deposit = Deposit from Gilberto = $190,000
Increase in required reserve = $190,000 * 5% = $9,500
Increase in Loans = Loans to Lorenzo = $190,000 * (1 - 5%) = $180,500
For Third Fidelity Bank:
Increase deposit = Deposit from Neha = $180,500
Increase in required reserve = $180,500 * 5% = $9,025
Increase in Loans = Loans to Teresa = $180,500 * (1 - 5%) = $171,475
d) Assume this process continues, with each successive loan deposited into a checking account and no banks keeping any excess reserves. Under these assumptions, the $200,000 injection into the money supply results in an overall increase of in demand deposits.
In order to calculate this, the formula for the money multiplier is used to multiply the initial deposit or injection of $200,000 by Lorenzo as follows:
Money multiplier = 1/r
Where r denotes required reserve ratio of 5%, or 0.05.
Therefore, we have:
Overall increase in demand deposits = Injection * (1 / r) = $200,000 * (1 / 0.05) = $200,000 * 20 = $4,000,000
Therefore, the $200,000 injection into the money supply results in an overall increase of $4,000,000 in demand deposits.
When the Federal Reserve buys a government bond from a client of First Main Street Bank, the bank's assets increase by the bond value and its liabilities increase by the same amount in deposits.
In this scenario, when the Federal Reserve buys a $200,000 government bond from Lorenzo, a client of First Main Street Bank, and he deposits the money into his checking account at the bank, there are changes in the bank's T-account. The bank's assets increase by $200,000 in reserves, while its liabilities increase by $200,000 in deposits.
Next, if First Main Street Bank loans out all of its new excess reserves to Juanita, who writes a check to Gilberto, Gilberto deposits the funds into his checking account at Second Republic Bank. This process continues with each successive loan deposited into a checking account at each bank. The increase in deposits, required reserves, and loans at each bank can be filled in the table provided.
Assuming this process continues with no banks keeping any excess reserves, the $200,000 injection into the money supply results in an overall increase of $200,000 in demand deposits.
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The fixed overhead cost spending variance is $5,000 unfavorable. Thus the correct option is 1.
Costs known as fixed overheads are expenses that don't vary based on variations in the volume of business activity each month. These expenses are necessary in order to run a business.
The calculation for fixed overhead is
Fixed overhead rate= Budgeted overhead cost/ Budgeted volume
= 200,000/40,000
= 5 per unit of output
The Fixed overhead absorption rate is 5 per unit of output.
Calculation for fixed overhead cost spending variance
= (Actual output- budgeted output) * Fixed overhead absorption rate
=(39,000-40,000)* $5
=$5,000 unfavorable
Hence, the fixed overhead cost spending variance is $5,000 unfavorableTherefore, option 1 is appropriate.
Learn more about Fixed overhead, here:
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Answer:
$8,000
Explanation:
this is the answer hopefully....
Answer:
Total Return = 10.45%
Explanation:
To calculate the return, we must first determine the appreciation in the value of the securities in terms of the US dollar.
The initial investment in terms of US dollar was of,
Initial Investment in USD = Investment in Pounds * Exchange rate
Initial Investment in USD = 2340 * 1.52
Initial Investment in USD = $3556.8
The current value of the investment in terms of USD is,
Current value of investment in USD = 2440 * 1.61
Current value of investment in USD = $3928.4
The formula to calculate total return is,
Total Return = (Current Value - Initial Value) / Initial Value
So, the total return based on US dollars was:
Total return = (3928.4 - 3556.8) / 3556.8
Total Return = 0.10447 or 10.447% rounded off to 10.45%
The total return for the U.S. investor in U.S. dollars is a profit of $371.60, calculated by assessing the change in the value of British securities from 2,340 to 2,440 pounds and considering the exchange rate shift from $1.52 to $1.61 per pound.
The question involves calculating the total return for a U.S. investor based on the change in the value of British securities and exchange rates. The investor originally purchased British securities for 2,340 pounds at an exchange rate of $1.52 per pound. One year later, the securities are worth 2,440 pounds, and the exchange rate is $1.61 per pound. The initial U.S. dollar investment would have been 2,340 pounds × $1.52 = $3,556.80. The value of the securities in U.S. dollars after one year is now 2,440 pounds × $1.61 = $3,928.40.
This results in a profit of $3,928.40 - $3,556.80 = $371.60, which represents the investor's total return based on U.S. dollars.
Answer and Explanation:
The computation of the future value is shown below;
a. For the year 4
Future value is
= ($575 × 1.11^3) + ($825 × 1.11^2) + ($1,125 × 1.11) + ($1325)
= $4,275.89
b. At 16%
Future value is
= ($575 × 1.16^3) + ($825 × 1.16^2) + ($1,125 x 1.16) + ($1,325)
=$4,637.64
c. At 29%
Future value is
= ($575 × 1.29^3) + ($825 × 1.29^2) + ($1125 × 1.29) + ($1,325)
= $5,383.48
The future values of the cash flows in year 4 for Paradise, Inc. are $4,265 at 11% discount rate, $4,529 at 16% discount rate, and $4,942 at 29% discount rate.
We'll use the future value of a series of cashflows formula (FV = ∑ CF / [(1 +r)^n]) to determine the future value of these investments. The formula essentially totals up the effects of compounding for each of your cashflows.
(a) At 11 percent discount rate, the future value in year 4 comes out to be $4,265.
(b) When the discount rate is 16 percent, the future value in year 4 is $4,529.
(c) At a higher 29 percent discount rate, the future value in year 4 is $4,942.
As the discount rate increases, the future value of the cash flows also increases.
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Answer:
In this situation, most of the NASA workforce would still be composed of austronauts with jet fighter experience because they would be lured by the higher wages offered to them.
However, the difference would lie in that there would also be some austronauts without jet figther experience, who would still try to get into NASA, despite being offered lower wages.
This is a different situation to the current one, where jet fighter experience is an requirement to become a NASA austronaut, which means that those without this type of experience are barred from entering NASA, no matter how low of a wage they would be willing to take.
Offering higher salaries to astronauts with jet fighter experience may attract more qualified candidates with these skills, as these prepare them for the extremes of space travel. Yet, this could create salary disparity and undervalue other essential astronautical skills and experience.
If NASA were to revise their hiring strategy and offer higher salaries to astronauts with jet fighter experience, it might increase the number of qualified applicants with this specific type of experience. Jet fighter experience and the associated G-force training in simulators is highly valuable in the space industry as it prepares individuals for the extreme forces experienced during space travel. Furthermore, adapting to zero G (free fall or weightlessness), another specific aspect of astronaut training, could be an easier transition for those with jet fighter background.
However, this kind of strategy might create a salary disparity among astronauts, potentially leading to dissatisfaction among those without jet fighter experience. It's important to remember that there are many valuable skills and experience required in space exploration, not just those gained through jet fighter training. Higher salaries based purely on jet experience might overlook other important attributes and qualifications.
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