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Question 1: Ann, Ben and Cen share profits and losses by allowing Ann and Cen to receive salaries of $20,000 each, salary of $9,000 to Ben and a 25% bonus to Ben after bonus. The remainder is divided in a 5:2:3 ratio to Ann, Ben and Cen each, respectively. If Ann and Cen received a total of $30,000, how much is the share of Cen?
Option a. 11,250
Option b. 15,000
Option c. 16,250
Option d. 16,500
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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