Between wrapping up the spring semester and starting my summer "vacation" plans, I changed my profile page to include links to some of the most popular articles I've written over the years.

In case you hadn't seen them all, here they are:

• Best Ways to Cheat in College
• Seven Keys to Getting Better Grades
• How to Write a Killer Essay
• How to Take Good Notes
• How to Work with Word Problems
- - - - - - - - - - - -
• Seven Keys to Writing a Better Resume
• Seven Keys to Ace Your Next Job Interview
• Secret Behind Textbook Costs
• Finding a Holiday Job
• Giving an Oral Presentation
• How I Spent My Summer Vacation

Enjoy these, there are plenty more where they came from.
 

I need your advise. Business sells items. 25% customers pay next month. For Oct. cash collected was $21000 and $6500(accounts receivable) from Sept. Total-27500. What is revenue in this case?

Thank you,

Luiza

___________________

If you are on cash basis accounting, this is simply the $27,500 received in the month.

However, I expect you are on accrual basis, in which case the sales made in the month are what you want to count instead of the cash received. Under accrual, you sold $21,000 that you already collected on, and another 25% that will be collected the following month. Therefore, the $21,000 is 75% of revenue for the month. Now it becomes an algebra problem:

$21,000/.75 = $28,000 

The $6,500 of accounts receivable is the 25% of the prior month's revenue, so it doesn't count for this month.

Good studying! 

I'm doing this assignment and I'm totally lost,

U.S. :

d= 200 -40p

s= 40 +40p

Rest of the world:

d= 160 -40p

s= 80 +40p

The U.S. govenment imposes a quota of 32 units on its imports. Calculate the magnitude of deadweight loss resulting from the quota under the assumption that the U.S. is a small open economy?

If anyone knows about this it would great if you could help me out!

We get alot of accounting and MBA students searching for homework help at our site. Whether the textbook is confusing or the case notes are incomplete or they just need some extra help, we have a bunch of resources to help accounting students get the homework help they need:

Try our resources and you'll find getting better grades in less time isn't that hard!

Every day, bunches of economics students searching for homework help because they're having trouble with economics end up at College-Cram.com. Sometimes the textbook is confusing and other times they just need some extra help, but either way we have a bunch of resources to help students get the economics homework help they need:

Try our resources and you'll find getting better grades in less time isn't that hard!

We get alot of finance and MBA students searching for homework help at our site. Whether the textbook is confusing or the case notes are incomplete or they just need some extra help, we have a bunch of resources to help finance students get the homework help they need:

No, this isn't about Star Wars. We had some pretty serious thunderstorm activity pass through here early this morning with torrential rains, lightning strikes, tornados, and sporadic wind damage scattered throughout the area. While College-Cram is hosted by a major hosting company, unfortunately that company is located about 30 minutes north of us and was also caught in the same storm front.

The results, as some of you may have noticed, were some intermittent outages all day today.(I believe we were down about an hour total, in about four separate incidents.)

I applaud those of you who braved the elements and stuck with us, including Dzenana looking for Macroeconomics homework help on market equilibrium, and those who even managed to keep a sense of humor.  You're the real storm troopers.

I'm still not sure how the whole "college-cram" thing works, but if it might give me some help with the Macro project, I figured it's worth a try.

Here is the problem:

Eastland's currency is called the eastmark, and Westland's currency is called westmark. The supply of and demand for eastmark are given as:

Demand=25,000-5000e+50,000(Re-Rw)

Supply=18,500+8,000e-50,000(Re-Rw) where nominal exchange rate e is measured as westmarks per eastmarks, and Re and Rw are the real inerest rates prevailing in Eastland and Westland.

If Re=Rw=0.10 or 10%, what is market equilibrium value of the eastmark?

Any help, pointer, or anything that you can offer will be greatly appreciated.

Let c_b = 0.2. Let the real money demand in the economy equal L^D = 10 + 2Y – 8r.  The price level P is fixed at P = 1. Y is the level of output and r is the rate of interest.  What is the LM curve for this economy?

anyone help?

Dear Professor Cram,

Could you please answer the following question for me?

Suppose that the public holds a cash/deposit ration of  c_p = 0.2, and the commercial banking sector holds a reserve/deposit ration of c_b = 0.2.  The monetary base is given by H = 50.

Find the value of the money multiplier and the total amount of money in the economy. How does the money multiplier change if the central bank raises the reserve requirement to c_b = 0.3? Briefly explain the economic reasoning for this change in the money multiplier.

____________

The Multiplier (M) for money is (1+C_p)/(C_p + C_b).

When C_p=0 the formula reduces to its simpler form of the inverse of reserves, or 1/ C_b.

For your question, we start with

C_p = 0.2 and  C_b = 0.2 so the multiplier is (1+0.2)/(0.2+0.2) = 1.2/0.4 = 3

The total money in the economy is M·H = 3·50 = 150

When the banking reserve requirement is increased to 0.3 the multiplier drops:

(1+0.2)/(0.2+0.3) = 1.2/0.5 = 2.4

This will reduce the total amount of money in the economy.

I hope this helps.

Good studying.