BUSINESS COLLEGE

Look carefully at the following list. a. The coins in your pocket. b. The funds in your checking account. c. The funds in your savings account. d. The traveler's check that you have left over from a trip. e. Your Citibank Platinum MasterCard. Which of the things above are NOT included in the M1LOADING... definition of the money supply?

Answers

Answer 1

Answer:

Answer:

C and E.

Explanation:

Money supply: Amount of money currently circulating within a system.

Your saving accounts funds are at hold, not circulating, and same goes for the MasterCard the money won't start circulating till it's used.

Related Questions

For each of the following scenarios, classify the type of spending (C,I,G,Xn), describe its impact on gross domestic product (increase, decrease, not impacted), and explain. A. A new airplane purchased by United Parcel Service.B. The tuition you pay during your first year of college.C. The social security check your grandmother receives.D. A new purchase of 50,000 shares of Time/Warner stock.E. A new pair of tennis shoes made in China and purchased by an American shoe store.
Which of the following is not a correct interpretation of a trade-off?Having more of one thing means having less of another.Demand of ice-cream must increase in the summer.There is no free lunch.One must give up something in order to obtain something else.
Describe the Software Development Life Cycle. Describe for each phase of the SDLC how it can be used to create software for an Employee Payroll System that allows employees to log the number of hours completed in a work period and then generate their pay.
Select True or False for each of the following statements about ID requirements.True FalseYou are required to request and obtain a valid form of photo identification from a customer at the beginning of thetransaction or when prompted by the register.If a customer tries to avoid giving you their ID, you can still go through with the transaction.You must not accept a post office box as a physical address when processing a financial service transaction.Submit >
Childers Company, which uses a perpetual inventory system, has an established petty cash fund in the amount of $400. The fund was last reimbursed on November 30. At the end of December, the fund contained the following petty cash receipts: December 4 Freight charge for merchandise purchased $ 62 December 7 Delivery charge for shipping to customer $ 46 December 12 Purchase of office supplies $ 30 December 18 Donation to charitable organization $ 51 If, in addition to these receipts, the petty cash fund contains $201 of cash, the journal entry to reimburse the fund on December 31 will include:

Pat has 4 hours to spend either studying for a test or playing a new video game. If Pat spends all of that time studying, Pat can score a 92 on the test. If Pat plays for 1 hour, Pat's test score falls 5 points. For playing a second hour, Pat's score falls by another 7 points. Playing for a third hour will lower Pat's score by another 10 points. Refer to the information above. The intercept on the test score axis of Pat's PPC is: A. 100

B. 92

C. 5 hours

D. 4 hours

Answers

Answer:

B. 92

Explanation:

The intercept is the point at which a function met with the Y axis.

On the Y axis will be the score

On the X axis the videogames hours

At more videogames hours less score and at less videogames hours more score.

We are asked for the value of score for 0 hours of dividends:

at X = 0 then Y = 92

Answer:

Explanation:

Transfer Pricing, Idle Capacity Mouton & Perrier, Inc., has a number of divisions that produce liquors, bottled water, and glassware. The Glassware Division manufactures a variety of bottles that can be sold externally (to soft-drink and juice bottlers) or internally to Mouton & Perrier's Bottled Wat Division. Sales and cost data on a case of 24 basic 12-ounce bottles are as follows Unit selling price Unit variable cost Unit product fixed cost* Practical capacity in cases $350,000/500,000 During the coming year, the Glassware Division expects to sell 390,000 cases of this bottle. The Bottled Water Division currently plans to buy 100,000 cases on the outside market for $2.95 each. Ellyn Burridge, manager of the Glassware Division, approached Justin Thomas, manager of the Bottled Water Division, and offered to sell the 100,000 cases for $2.89 each. Ellyn explained to Justin that she can avoid selling costs of $0.12 per case by selling internally and that she would split the savings by offering a $0.06 discount on the usual price $2.95 $1.25 $0.70 500,000 Required 1. What is the minimum transfer price that the Glassware Division would be willing to accept? Round to the nearest cent. per unit What is the maximum transfer price that the Bottled Water Division would be willing to pay? Round to the nearest cent. per unit Should an internal transfer take place? Yes What would be the benefit (or loss) to the firm as a whole if the internal transfer takes place? Benefit V $ 2. Suppose Justin knows that the Glassware Division has idle capacity. Do you think that he would agree to the transfer price of $2.89? No Suppose he counters with an offer to pay $2.40. If you were Ellyn, would you be interested in this price? Yes 3. Suppose that Mouton & Perrier's policy is that all internal transfers take place at full manufacturing cost. What would the transfer price be? Round to the nearest cent. per unit

Answers

Answer:

1.a- The minimum transfer price will be the marginal cost of the unit thus, the variable cost of 1.25

1.b- the maximum transfer price should be the market price as the company cannot price the units above this cost.

2.a- No as it is including a fixed cost component which is already incurred(sunk cost)

2.b- Yes I will as it is above the 1.25 variable cost which is the cost the division will face to produce the units

3.- full manufacturing cost will include the fixed cost therefore:

1.25 variable cost

+ 0.70 fixed cost

1.95 manufacturing cost

Explanation:

Final answer:

The Glassware Division would accept a minimum transfer price of $1.37 (variable cost plus saved selling costs). The Bottled Water Division would pay up to the external market price of $2.95. An internal transfer is feasible and profitable if the transfer price is within this range. Understanding idle capacity, the Glassware Division might still accept Justin's counteroffer of $2.40, which covers their variable costs.

Explanation:

The minimum transfer price that the Glassware Division would be willing to accept is the unit variable cost of $1.25 plus the saved selling costs of $0.12, equating to $1.37 per unit. The Bottled Water Division would be willing to pay at most the external market price of $2.95 per unit. An internal transfer should take place if the transfer price falls within this range.

Knowing the Glassware Division has idle capacity, Justin might agree to a transfer price of $2.89. However, even if Justin counters with an offer of $2.40, Ellyn might still be interested because this price covers their variable cost, contributes towards fixed costs, and utilizes idle capacity.

If all internal transfers take place at full manufacturing costs, the transfer price would be the sum of the unit variable cost ($1.25) and unit product fixed costs ($0.70), totaling $1.95 per unit. Transfer pricing decisions affect a firm's profitability and operations, and should carefully consider the interests of both divisions.

Learn more about Transfer Pricing here:

brainly.com/question/32544965

#SPJ11

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

Skyline Florists uses an activity-based costing system to compute the cost of making floral bouquets and delivering the bouquets to its commercial customers. Company personnel who earn $180,000 typically perform both tasks; other firm-wide overhead is expected to total $70,000. These costs are allocated as follows:Bouquet Production Delivery Other
Wages and salaries 60% 30% 10%
Other overhead 50% 35% 15%

Riverside anticipates making 20,000 bouquets and 4,000 deliveries in the upcoming year. The cost of wages and salaries and other overhead that would be charged to each bouquet made is closest to:

a. $12.50.
b. $7.15.
c. some other amount.
d. $8.75.
e. $13.75.

Answers

Answer:

b. $7.15

Explanation:

Cost of wages & salaries per bouquet = [($180,000*60%) + ($70,000*50%)] / 20,000

Cost of wages & salaries per bouquet = ($108,000 + $35,000) / 20,000

Cost of wages & salaries per bouquet = $143,000 / 20,000

Cost of wages & salaries per bouquet = $7.15

So, the cost of wages and salaries and other overhead that would be charged to each bouquet made will be $7.15.

Final answer:

The cost of wages and salaries charged to each bouquet is approximately $7.15.

Option (b) is true.

Explanation:

To find the cost of wages and salaries and other overhead allocated to each bouquet made, we can use the information provided for the allocation percentages for bouquet production.

Wages and Salaries allocated to bouquet production = 60%

Other overhead allocated to bouquet production = 50%

Now, let's calculate the costallocated to each bouquet:

Wages and Salaries for Bouquet Production:

Wages and Salaries = 60% of $180,000 (company personnel)

Wages and Salaries for Bouquet Production = 0.60 * $180,000 = $108,000

Other Overhead for Bouquet Production:

Other Overhead = 50% of $70,000 (other firm-wide overhead)

Other Overhead for Bouquet Production = 0.50 * $70,000 = $35,000

Now, add these two costs together to get the total cost allocated to bouquet production:

Total Cost Allocated to Bouquet Production = Wages and Salaries for Bouquet Production + Other Overhead for Bouquet Production

= $108,000 + $35,000

= $143,000

Now, we need to find the cost per bouquet. Given that Riverside anticipates making 20,000 bouquets in the upcoming year, divide the total cost allocated to bouquet production by the number of bouquets:

Cost per Bouquet = Total Cost Allocated to Bouquet Production / Number of Bouquets

Cost per Bouquet = $143,000 / 20,000 bouquets

Now, calculate the cost per bouquet:

Cost per Bouquet = $7.15

So, the cost of wages and salaries and other overhead allocated to each bouquet made is closest to $7.15.

The answer is (b) $7.15.

Learn more about Cost allocation here:

brainly.com/question/34659373

#SPJ3

The profit margin ratio is the only ratio that makes up ROE that can be negative (except in relatively rare cases). Describe how the interpretation of the Asset Turnover Ratio and the Financial Leverage Ratio change based on whether the Profit Margin Ratio is positive or negative.

Answers

Except under very exceptional circumstances, the only ratio that makes up ROE that can be negative is the profit margin ratio. As a result, the asset turnover ratio continues to be positive and shows the amount of sales produced for each dollar of assets owned by the organization.

What is profit margin ?

One of the often used profitability statistics to determine how profitable a business or line of business is is profit margin. It displays the proportion of sales that have generated profits. Simply put, the percentage value represents the amount of profit the company made on each dollar of sales. For instance, if a company states that it had a 35% profit margin during the most recent quarter.

Different profit margins come in different forms. However, in common usage, it typically refers to net profit margin, which is a company's bottom line after all other costs, such as taxes and one-time charges, have been deducted from revenue.

To know more about profit

brainly.com/question/15573174

#SPJ5

Explanation:

The profit margin ratio is the only ratio that makes up ROE that can be negative (except in relatively rare cases). ... Therefore, Asset turnover ratio still represents the amount of sales that is generated for each dollar of assets the company owns and always is positive.

Required information Use the following information for the Problems below.
Lansing Company’s 2017 income statement and selected balance sheet data (for current assets and current liabilities) at December 31, 2016 and 2017, follow.

LANSING COMPANY
Income Statement
For Year Ended December 31, 2017
Sales revenue $ 118,200
Expenses
Cost of goods sold 49,000
Depreciation expense 15,500
Salaries expense 25,000
Rent expense 9,700
Insurance expense 4,500
Interest expense 4,300
Utilities expense 3,500
Net income $ 6,700

LANSING COMPANY
Selected Balance Sheet Accounts
At December 31 2017 2016
Accounts receivable $ 6,300 $ 7,200
Inventory 2,680 1,890
Accounts payable 5,100 6,000
Salaries payable 1,020 770
Utilities payable 360 230
Prepaid insurance 330 420
Prepaid rent 360 250
Problem 16-1A Indirect: Computing cash flows from operations LO P2
Required:
Prepare the cash flows from operating activities section only of the company’s 2017 statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

LANSING COMPANY
Cash Flows from Operating Activities—Indirect Method
For Year Ended December 31, 2017
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operations: