Answer:
The correct answer is letter "D": first-in, first-out.
Explanation:
A business using the first-in, first-out (FIFO) inventory valuation approach must sell, use or dispose first of all the products it produced or acquired. According to the FIFO process, the most recent assets purchased or generated are those that remain in inventory. Older stock is first removed from inventory.
Answer:
The production level that maximizes Silky's profit is 
ties.
Explanation:
Hi
First of all, as we have 
, we need to transcript it as price in function of the quantity so
Then we need to find income function that is 
. After derivate it 
.
The optimum level is when we have 
, therefore,
, as we clear it for 
we find that
, finally as we have that is measured in hundreds of ties, the production level that maximizes Silky's profit is ties.
Answer:
C. decreased by $40 billion
Explanation:
For computing the lending ability, first we have to determine the money multiplier which is shown below:
We know that
Money multiplier = 1 ÷ reserve ratio
= 1 ÷ 20%
= 5
So, the total cash would be
= $10 billion × $5
= $50 million
Now the lending ability would be
=$50 billion × (1 - 20%)
= $50 billion × 0.80
= $40 billion
<span>Bartering can be more time-consuming than trading with money.
Hope it helps.
</span>
