While jon is walking to school one morning, a helicopter flying overhead drops a $100 bill. not knowing how to return it, jon keeps the money and deposits it in his bank. (no one in this economy holds currency.) if the bank keeps 5 percent of its money in reserves:
a. how much money can the bank now lend out?
b. after this initial transaction, by how much is the money in the economy changed?
c. what’s the money multiplier?
d. how much money will eventually be created by the banking system from jon’s $100?

What are six resources for you decide which type of business to start and how to start it?

Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)