<span>Degree holders earned $48,500 a year, while diploma holders earned $23,900. Over the past twodecades, while college-educated workers' wages have ... For those with only a high school diploma, men earned $751 and women earned $578. ... In general, earning a college degree allows a person to havemore earning ...</span><span>
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Answer:
$300,000
Explanation:
Money Multiplier = 1 / Required Reserve Ratio
Money Multiplier = 1 / 0.20
Money Multiplier = 5
Reserve requirement will be 20% of $300,000 (Checkable Deposits)
Reserve requirement = $60,000
Excess Reserves = Reserve - Required Reserve
Excess Reserves = $120,000 - $60,000
Excess Reserves = $60,000
Expansion in loans and deposits will be: Excess reserves * money multiplier
= $60,000 * 5
= $300,000
So, if the original bank balance sheet was for the whole commercial banking system rather than a single bank, loans and deposits could have been expanded by a maximum of $300,000.
<span>Many of smashburger's competitors combine a burger, fries, and a drink offered at a reduced "combo" price. This practice is known as product bundle pricing.
Product bundle pricing is when a store will combine items together and do a value price on them as a bundle. Each item has a price they can pay to purchase an item separately but there is a special price and it's usually a better deal when you purchase it in a bundle.
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Answer and Explanation:
The Preparation of the sales budget and the computation of the amount of total sales revenue for the year is shown below:-
<u>Sales Budget For Year 1 </u>
Quarter Number of Sale price (B) Sales Revenue
Units (A) (A) × (B)
1 5,000 $50 $250,000
2 5,250 $50 $262,500
(5,000 × 105%)
3 5,513 $50 $275,650
(5,250 × 105%)
4 5,789 $50 $289,450
(5,513 × 105%)
Total $1,077,600
Answer:
A) Shering's operating activities reported a $490,000 pretax profit, and since their tax rate is 40%, their taxes = $490,000 x 40% = $196,000
B) Shering only has to include 30% of the dividends received from Tank as taxable income = $20,000 x 30% = $6,000, plus the $20,000 from bonds form Zig = $26,000
Shering will owe $26,000 x 40% = $10,400 in taxes, and its after tax income = $40,000 - $10,400 = $29,600