BUSINESS HIGH SCHOOL

Suppose ​$50 comma 000 is deposited at a bank. The required reserve ratio is 20 ​percent, and the bank chooses not to hold any excess reserves but makes loans instead. What are the​ bank's total​ reserves?

Answers

Answer 1
Answer:

Answer:

$10,000

Explanation:

Provided amount deposited to bank = $50,000

Reserve ratio is 20%

And provided the company do not have any amount more than the required reserve, therefore balance in reserve = $50,000 * 20% = $10,000

Further remaining $50,000 - $10,000 = $40,000 will be advanced as loan, and will not form part of reserves.

Therefore, total reserve's of bank = $10,000

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Conformance quality addresses whether the product was made or the service performed to specifications. True False

Answers

Answer:

It's true

Explanation:

Quality as compliance is a concept of quality based on the product, whose main objective is to meet a set of characteristics that can be measured and established by the manufacturer to satisfy the customer, which implies a technical concept of quality.

The concept would be admissible when it is easy and possible to correctly identify the specifications. The main advantages:

• Ease of measurement

• It forces management to disaggregate all the components of the product, in order to establish the quality parameters.

• It is useful to clarify the responsibilities as operators and supervisors

• Efficiency improvement

However, it also has some drawbacks:

• It is oriented towards the product, towards internal efficiency (not towards the customer).

• A continuous redefinition of specifications

the following data relates to mangini company's budgeted amounts for next year. budgeted:department 1department 2manufacturing overhead costs$ 320,000 $ 400,000 direct labor hours65,000dlh75,000dlhmachine hours2,000mh2,500mh what is the company's plantwide overhead rate if machine hours are the allocation base? (round your answer to two decimal places.)multiple choice$5.14 per mh$150.00 per mh$31.11 per mh$200.00 per mh$160.00 per mh

Answers

To find the plantwide overhead rate, divide the total budgeted manufacturing overhead costs by the total budgeted machine hours.

\[Plantwide \space Overhead \space Rate = \frac{Total \space Budgeted \space Manufacturing \space Overhead \space Costs}{Total \space Budgeted \space Machine \space Hours}\]

Using the given data:

Total Budgeted Manufacturing Overhead Costs = $320,000 + $400,000 = $720,000

Total Budgeted Machine Hours = 2,000 + 2,500 = 4,500 MH

\[Plantwide \space Overhead \space Rate = \frac{720,000}{4,500} = 160\]

Rounded to two decimal places, the plantwide overhead rate is $160.00 per machine hour.

So, the correct option is:

$160.00 per mh.

Elasticity of supply is a measure of the way suppliers respond to a change in price. Please select the best answer from the choices provideda. True
b. False

Answers

Answer: false

Both producers and resource suppliers can respond to a change in price.

Explanation:

Elasticity of supply also called price elasticity of supply is the measure of the responsiveness of producers and resource suppliers to a change in price of the produce.

Mathematically, it can be defined as the ratio of percentage change in quantity of goods and services supplied to percentage change in price.

Price elasticity of less than one indicates an "inelastic" supply. When elasticity is greater one, the supply is "elastic" while zero price elasticity signifies a "fixed" supply.

Availability of raw materials, length of production, time to respond, number of producers, storage availability and ease are some of the factors that determine elasticity of supply.

I am pretty sure it is true.

​letter of editor of a newspaper expressing The View against the Intensive use of loud speaker please help ASAP before 10:45

Answers

LETTER OF EDITOR ON GGLE

Harlose Suits faced a lot of complaints from customers when its recent batch of goods was dispatched. The employees at Harlose Suits, hence, had to rework on the returned items, and in some cases, the company had to even replace the faulty goods. In this case, the costs incurred by Harlose Suits are an example of _____. a. prevention costs b. internal failure costs c. external failure costs d. appraisal costs

Answers

Answer:

c. external failure costs

Explanation

External failure costs are those costs incurred due to product failures after they have been sold and used by the customers to which such product are sold too. Although there are insurance policy ready to cater for this kind of loss incurred. The insurance Policy is called "Product Liability Insurance"

In order to keep up with contemporary demands, organizations have been ____ layers of management and replacing managers with ____. Select one: a. Decreasing; teams b. Increasing; teams c. Decreasing; outside consultants d. Increasing; outside consultants

Answers

Answer:

The correct answer is A. Decreasing; teams.

Explanation:

The most successful organizations are those whose management teams together learn to make things better and better. If the teams of managers want the rest of the company to be innovative, integrated, efficient and customer-oriented, they should set the best example with their actions. People tend to do more what their leaders do than what they say needs to be done.

Teamwork is, in these circumstances, an imperative that must be practiced from the top management of the organization, as it is the key to success to face the new challenges of companies.
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