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grin007 [14]
2 years ago
7

Banks in Ruritania have a required reserve ratio of 5%5% . Round all answers to one place after the decimal. What is the simple

money multiplier
Business
1 answer:
Nata [24]2 years ago
5 0

The simple money multiplier forb the banks is given as 20.

<h3>How to solve for the money multiplier</h3>

The increase in the supply of money is what is called the money multiplier. This is used to determine the supply of money in an economy because it is known to have an effect on the interest rate of the economy.

The formula for the simple money multiplier is given as;

1/R

Where R is the Required reserve ratio

In the question the given reserved ration is said to be 5%

Hence the calculation would be

1/5%

= 1/0.05

= 20

The simple money multiplier is given as 20

Read more on money multiplier here: brainly.com/question/13988758

#SPJ1

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On January 1, 2019, Park Company accepted a $36,000, non-interest-bearing, 3-year note from a major customer in exchange for use
Darya [45]

Answer:

$28,560

Explanation:

Calculation for the carrying value of the note receivable on Park’s December 31, 2019, balance sheet

Using this formula

Carrying value of note receivable =Present value of the note +(Imputed interest rate ×Present value of the note )

Let plug in the formula

Carrying value of note receivable=$25,500+(12%×$25,500)

Carrying value of note receivable=$25,500+$3,060

Carrying value of note receivable=$28,560

Therefore the carrying value of the note receivable on Park’s December 31, 2019, balance sheet will be $28,560

7 0
4 years ago
Suppose that an anti-smoking campaign in Moscow, Russia, is successful so that Muscovites smoke less and chew gum more. Tobacco
marissa [1.9K]

Answer:

disruption

Explanation: Disruption takes a left turn by literally uprooting and changing how we think, behave, do business, learn and go about our day-to-day. Harvard Business School professor and disruption guru Clayton Christensen says that a disruption displaces an existing market, industry, or technology and produces something new and more efficient and worthwhile. It is at once destructive and creative.

5 0
3 years ago
If you buy something on credit, you must pay back the amount you borrowed
tangare [24]
Yes this is true but you dont have to pay it back right after but it's best you pay it off before you buy something else so you dont go in debt
6 0
3 years ago
Read 2 more answers
The interest and dividends paid by a corporation are considered to be deductible operating expenses, hence they decrease the fir
Oxana [17]

Answer:

The correct answer is false

Explanation:

Interest payment is an expense incurred by a business as a cost of borrowing money to finance the  business. It is an allowable expense for tax purposes. Hence it is deducted from revenue before tax liability is computed.

Interest expense is a tax shield as it helps the business to reduce its tax liability.

Dividends are portion of a company profit paid to shareholders. Dividends are paid from profit after tax. Therefore cannot be used to reduce tax liability.

The correct answer is false

3 0
3 years ago
Billy Kroghmen is the son of a very prominent Fortune 500 CEO. Billy has had troubles. He failed out of multiple colleges, unive
Setler79 [48]

Answer:

a. high; social; low; human

Explanation:

The social capital refers to the capital in which the people interact with each other or we can say social interactions in able to learning, skills and knowledge.

While on the other hand, the human capital stated the skills and knowledge could be learned either in formal or informal way

Therefore according to the given situation, Billy as high on social capital and low on human capital

hence, the correct option is a.

5 0
3 years ago
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