If the bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20% then the bank has excess reserves of $400000.
Given that bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20%.
Required reserve ratio is basically a percentage of deposits to be kept by the bank with them.
We are required to find the find the bank's reserve position.
Bank's reserves=$1000000.
Checking deposits=$3000000
Required reserve ratio=20%
Reserves required according to the checking deposits=3000000*20%
=$600000
Actual reserves=$1000000
Excess reserves=Actual reserves -Reserves required
Excess reserves=1000000-600000
Excess reserves=$400000
Hence if the bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20% then the bank has excess reserves of $400000.
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Answer:
Organization learning is the process by which the managers seeks employees desires and ability to understand the task environment.
Explanation:
- Organizational learning plays an important role in managers by raising their ability to make programmer decisions that will allow them by adapting to, modifying, and even alter their work environment. Creativity helps managers in thinking and problem solving.
Complete Question:
Crane and Loon Corporations, two unrelated calendar year C corporations, have the following transactions for the current year.
Crane,Loon
Gross Income: 180k, 300k
Expenses from operations: 100k, 230k
Div received: 100k, 230k
Compute the DRD for both companies
Solution:
DRD is a federal tax deduction for certain companies earning distributions from related entities in the United States. The amount of the dividend to be withheld from income tax by a corporation is related to how much it is owned in the business with the dividend.
Crane: 180k-255k+100k =25k-(100k*.5) = -25k so take 50k
Loon: 300k-310k+230k =220k-115.5k = 104.5+so good.
220.5k= 110k or 115k
Take lesser 110k
Crane DRD = 50k
Loon DRD = 110k
emission of greenhouse gases
Greenhouse gases are naturally present in the atmosphere in order to keep the earth warmer by trapping some of the sun's rays on earth. Greenhouse gases include water vapor, carbon dioxide, methane, nitrous oxide, ozone, chlorofluorocarbons, and hydrofluorocarbons.
Human activities contribute to the emission of greenhouse gases in the atmosphere through fossil fuel use, industrial processes, and intensive livestock farming, among others. Emission of large amounts of greenhouse gases can increase their natural levels in the atmosphere, possibly resulting to global warming.
Answer:
=$4.07 unit
Explanation:
<em>Weighted average contribution margin is applicable where a business sells more than one product in a constant mix or proportion. It gives an idea of how much is made on the average as contribution from th sale of a unit.</em>
It is determined as follows
Step 1
<em>Total contribution from a mix and total units</em>
<em>Total contribution from a mix</em>=(2500 × $3.50) + (2,000 × $4.80)
=$18,350
<em>Total units in a mix</em> = 2,500+ 2,000 = 4,500 units
Step 2
<em>weighted average unit contribution</em>
=$18,350/4,500units
=$4.07 unit
