it's important to plan ahead so that you know what you're getting yourself into.
Suppose that the required reserve ratio is 7.00%. What is the simple money (deposit) multiplier? Round to two
decimal places.
Answer:
14.29
Explanation:
Given
Reserve Ratio (R) = 7.00%
Required
Calculate the deposit multiplier (M)
To calculate simple money multiplier (M), we make use of the following formula.
M = 1/R
Where
R represent the reserve ratio
Substitute 7.00% for R
M = 1/7.00%
Convert % to decimals
M = 1/0.07
M = 14.29 ---- Approximated
Hence, the simple money multiplier is 14.29
HEY guys can yall help me im trying to get caught up on school work before november 30.
What techniques are required to accept constructive criticism? Select all that apply.
A. not interrupting or speaking until the other person is finished making a point
B. filing a formal complaint with human resources to make sure your point of view is documented
C. not frowning, sneering, or defensively folding arms in front of you
Answer:
i think its letter A and C
The following information is available for Cheyenne Corp..
2022 2021
Current assets $ 56,880 $ 39,625
Total assets 242,000 207,000
Current liabilities 23,700 31,700
Total liabilities 70,180 84,870
Net income 81,700 51,615
Net cash provided by operating activities 91,700 57,700
Preferred dividends 9,705 9,705
Common dividends 4,700 3,200
Expenditures on property, plant, and equipment 28,700 13,700
Common shares outstanding at beginning of year42,000 31,700
Common shares outstanding at end of year 77,000 44,500
(a) Compute earnings per share for 2022 and 2021 for Cheyenne. (Round Earnings per share to 2 decimal places, e.g. $2.78.) 2022 2021
Earnings per share
$enter a dollar amount rounded to 2 decimal places $enter a dollar amount rounded to 2 decimal places
(b) Compute the current ratio and debt to assets ratio for each year. (Round ratio answers to 2 decimal places, e.g. 15.25 and percentage answers to 0 decimalplaces, e.g. 15%.)
2022 2021
Current ratio
enter current ratio rounded to 2 decimal places :1 enter current ratio rounded to 2 decimal places :1
Debt to assets ratio
enter percentages rounded to 2 decimal places % enter percentages rounded to 2 decimal places %
(c) Compute free cash flow for each year.
2022 2021
Free cash flow
$enter a dollar amount $enter a dollar amount
Answer:
(a) Earnings per share for 2022 and 2021 for Cheyenne are as follows:
Earnings per share for 2002 = $1.21
Earnings per share for 2001 = $1.10
(b) The current ratio and debt to assets ratio for each year are as follows:
Current ratio for 2002 = 2.40
Current ratio for 2001 = 1.25
Debt to assets ratio for 2002 = 29%
Debt to assets ratio for 2001 = 41%
(c) Free cash flow for each year are as follows:
Free cash flow for 2002 = $63,000
Free cash flow for 2001 = $44,000
Explanation:
(a) Compute earnings per share for 2022 and 2021 for Cheyenne. (Round Earnings per share to 2 decimal places, e.g. $2.78.)
These can be calculated using the following formula:
Earnings per share = (Net income - Preferred dividends) / Average shares outstanding ..................... (1)
Where;
Average common shares outstanding = (Common shares outstanding at beginning of year + Common shares outstanding at end of year) / 2
Using equation (1), we have:
Earnings per share for 2002 = (81,700 - 9,705) / ((42,000 + 77,000) / 2) = $1.21
Earnings per share for 2001 = (51,615 - 9,705) / ((31,700 + 44,500) / 2) = $1.10
(b) Compute the current ratio and debt to assets ratio for each year. (Round ratio answers to 2 decimal places, e.g. 15.25 and percentage answers to 0 decimal places, e.g. 15%.)
These can be calculated using the following formula:
Current ratio = Current assets / Current liabilities ................... (2)
Debt to assets ratio = (Total liabilities / Total assets) * 100 .............. (3)
Using equation (2), we have:
Current ratio for 2002 = 56,880 / 23,700 = 2.40
Current ratio for 2001 = 39,625 / 31,700 = 1.25
Using equation (3), we have:
Debt to assets ratio for 2002 = (70,180 / 242,000) * 100 = 29%
Debt to assets ratio for 2001 = (84,870 / 207,000) * 100 = 41%
(c) Compute free cash flow for each year.
These can be calculated using the following formula:
Free cash flow = Net cash provided by operating activities - Expenditures on property, plant, and equipment .................(4)
Using equation (4), we have:
Free cash flow for 2002 = $91,700 - $28,700 = $63,000
Free cash flow for 2001 = $57,700 - $13,700 = $44,000
does anybody know how to make a legit website from scratch and for free?
if you have a business and have made a website using a free online web builder let me know what site you used and some tips.
- thanks
Answer:
Wix
Explanation:
I once made a website for free on Wix. However, the url was long and was the email that I used. If you do use wix, create an email with what you want your email to be. I hope this helps you out.
Go See Darkfur and make sure to give him some appreciation! He Definitely deserves it!
Answer:
Will do !
Explanation:
Only cause u asked nicely ;3
Hope have a wonderful day !
Sleepy~
why education and training important in professional I am give reason
Answer:
A training program allows you to strengthen those skills that each employee needs to improve A development program brings all employees to a higher level so they all have similar skill and knowledge .This help to reduce any weak links within the company who rely heavily on others to complete others basic work or tasks. So education and training is important in profession.
What is illustrated by the long-run aggregate supply (LRAS) curve and the production possibilities curve (PPC)?
The intangible assets section of Marigold Corporation's balance sheet at December 31, 2022, is presented here.
Patents ($71,800 cost less $7,180 amortization) $63,400
Copyrights ($50,500 cost less $39,400 amortization) 11,100
Total $74,500
The patent was acquired in January 2022 and has a useful life of 10 years. The copyright was acquired in January 2016 and also has a useful life of 10 years. The following cash transactions may have affected intangible assets during 2023.
Jan. 2 Paid $45,000 legal costs to successfully defend the patent against infringement by another company.
Jan.- June Paid $43,000 to a quarterback to appear in commercials advertising the company's products. The commercials will air in September and October.
Sept. 1 Paid $43,000 to a quarterback to appear in commercials advertising the company's products. The commercials will air in September and October.
Oct. 1 Acquired a copyright for $257,000. The copyright has a useful life and legal life of 50 years.
Prepare journal entries to record the 2023 amortization expense for intangible assets.
Answer:
Journal entries to record the 2023 amortization expense for intangible assets.
Date Accounts Titles and Explanation Debit Credit
Dec 31 Amortization Expense—Patents $14,180
($71,800*1/10 + $45,000 * 1/9
+ $40,000*1/10*6/12)
Patents $14,180
(To record amortization of patents)
Dec 31 Amortization Expense - Copyrights $6,335
($50,500*1/10 + $257,000*1/50*3/12)
Copyright $6,335
(To record amortization of copyrights)
Michael operates his health food store as a sole proprietorship out of a building he owns. Based on the following information regarding Year 6, compute his net self-employment income (for SE tax purposes) for Year 6.Gross receipts $100,000Cost of Goods Sold 49,000Utilities 6,000Real estate taxes 1,000Gain on sale of business truck 2,000Depreciation expense 5,000Section 179 expense 1,000Mortgage interest on building 7,000Contributions to Keogh retirement plan 2,000Net operating loss (NOL) from Year 5 10,000a. $24,000b. $16,000c. $31,000d. $14,000
Answer:
c. $31,000
Explanation:
Calculation for the Net self-employment income
Gross receipts $100,000
Less Cost of goods sold ($49,000)
Less Depreciation expense ($5,000)
Less Utilities($6,000)
Less Real estate taxes ($1,000)
Less Sec. 179 expense ($1,000)
Less Mortgage interest ($7,000)
Net self-employment income $ 31,000
Therefore the Net self-employment income will be $ 31,000
Ricardo is the human resources manager at Shafewn, an e-commerce site. He confirms the completion of the probationary periods of management trainees in the company only after each of them submits a report on the company's marketing strategies. In the reports, they are asked to evaluate the company's existing marketing strategies and suggest better ones. Ricardo shares the relevant and useful information from these reports with the marketing team of Shafewn. In the context of managerial roles, which of the following roles does Ricardo illustrate in this scenario?
A) The leader role.
B) The liaison role.
C) The disseminator role.
D) The monitor role.
Answer:
C) The disseminator role.
Explanation:
The disseminator role is the role where the communication of the information i.e. useful is communication to the team mate and the colleagues. Here the person is responsible for communicating the information with respect to the organization and its goals
So as per the given situation since Richardo shares the useful information i.e. relevant so this represents that Richardo having a disseminator role
Therefore the option c is corredct
discuss four circumstances under which state control of private business are justified
Mary is interested in investing in the stock market, but having studied the Great Depression in school, she is afraid she could lose all of her money. She reads through the finance pages of the newspaper and sees that unemployment has dropped to the lowest level it has been in the past ten years, new businesses are opening, housing sales are up because interest rates are level, and the national debt is decreasing. If the economy is her only concern about buying stock, should she buy stock?
A) The level of unemployment, the rise in new business starts, the increase in housing sales, and the decrease in national debt indicate that the economy is growing so it would be a good time to buy stock.B) In spite of all of the positive indicators, it is never a good time to buy stock.C) The stock market works independent of unemployment, business starts, housing sales, and the level of the national debt so these things will not influence the rise or fall of the market.D) Mary should not base her decision to buy stock on the factors indicated, she should base it solely on the consumer price index.
Answer:
A) The level of unemployment, the rise in new business starts, the increase in housing sales, and the decrease in national debt indicate that the economy is growing so it would be a good time to buy stock.
Explanation:
Mary should definitely buy stock. All the economic indicators that are doing well according to the financial paper are what is known as leading indicators: indicators whose tendency more or less predicts the tendency of the general economy in the short-term.
In other words, all the signs are indicating that the economy will continue to be strong for a good amount of time, time that Mary can use not only to buy stock, but also to reap the benefits from the stock.
What should a food worker do to prevent chemical hazards from contaminating food?
O a. Wear gloves when working with ready-to-eat foods
O b. Remove pits from cherries and immediately discard them
O c. Store cleaning solutions in a utility closet away from food
O d. Clean and sanitize cutting boards after cutting raw chicken
Answer:
c. Store cleaning solutions in a utility closet away from food
Explanation:
The best way to prevent food from getting contaminated by chemicals is to separate the two as much as possible. Deliberate actions should be taken to ensure that items containing chemicals such as cleaning materials and sanitizers are not in close contact with food.
During cleaning, food items should be kept at a safe distance. Surfaces should be left to dry before food preparation begins. Cleaning materials should have a lockable place away from the kitchen.