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Serhud [2]
1 year ago
12

Suppose the owners of the bank borrow $100 to supplement their existing reserves. This would increase the reserves account and:.

Business
1 answer:
lawyer [7]1 year ago
6 0

When the owners of the bank borrow $100 to supplement their existing reserves, it'll increase the reserves account and debt account.

<h3>What is a reserve account?</h3>

It should be noted that a reserve account simply means the accumulation of funds that are used for future purpose.

In this case, when the owners of the bank borrow $100 to supplement their existing reserves, it'll increase the reserves account and debt account.

Learn more about reserve account on:

brainly.com/question/25817380

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7. Which of the following is NOT a function of money * 3 points A Unit of account B Store of value C Protection against inflatio
Nuetrik [128]

Answer:

C Protection against inflation

Explanation:

As we know that there are three functions of money i.e.

1. Unit of account

2. Store of value

3. Medium of exchange

There is only 3 functions of money that are shown above

So the protection against inflation would not be considered for the same

And, these 3 would represent the functions of money and can be treated as the unit of account, store of value and the medium of exchange

Hence, the option c is correct

5 0
3 years ago
Cragmont has beginning equity of $277,000, net income of $63,000, withdrawals of $25,000 and no additional investments by owners
MatroZZZ [7]
The ending equity is $315,000 This is just a matter of adding income and subtracting withdraws. So let's do it. "Cragmont has beginning equity of $277,000," x = $277000 "net income of $63,000" x = $277000 + $63000 = $340000 "withdrawals of $25,000" x = $340000 - $25000 = $315000
3 0
3 years ago
The beginning inventory is 52,800 units. All of the units that were manufactured during the period and 52,800 units of the begin
Kazeer [188]

Answer:

a. As per the situation sales exceed production absorption costing income from operations is lesser than variable costing income from operations.

b. $776,160

Explanation:

a. As per the situation sales exceed production absorption costing income from operations is lesser than variable costing income from operations

b. Given that

Beginning inventory = 52,800

Fixed manufacturing costs = $14.70 per unit

Total Beginning inventory = Beginning inventory × Fixed manufacturing costs

= 52,800 × $14.70 per unit

= $776,160

5 0
3 years ago
muhammad yunus, founder of the grameen bank, was highly successful in his use of applying social incentives through group respon
BaLLatris [955]

Muhammad Yunus, The Grameen bank founder, was highly successful in applying social incentives through group responsibility to maximize loan repayment rates and created an incentive for other banks to offer similar loans to the poor.

Since Professor Muhammad Yunus founded Grameen Bank in 1976, several economists have analyzed the Grameen Bank's success in trying to eradicate poverty in Bangladesh, either theoretically or empirically. He used social incentives through group responsibility to maximize loan repayment rates and created an incentive for other banks to offer similar loans to the poor.

Social incentives refer to a wide variety of interpersonal motivations and rewards that encourage people to act in a socially valued and approved manner. Projecting a positive reputation and social image, obtaining social acceptance, and moving up the social hierarchy are all examples of social incentives.

To learn more about social incentives :brainly.com/question/3579101

#SPJ4

6 0
1 year ago
A study has been conducted to determine if one of the departments in Mary Company should be discontinued. The contribution margi
strojnjashka [21]

Answer:

It is better to continue

Explanation:

Did my research

5 0
3 years ago
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