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Bess [88]
2 years ago
10

The amount of reserves that a commercial bank is required to hold is equal to?

Business
1 answer:
kramer2 years ago
5 0

Answer:

its checkable deposits multiplied by the reserve requirement.

Explanation:

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What must a firm that pursues a cost-leadership strategy do in order to nurture and constantly upgrade core competencies in manu
gtnhenbr [62]

The firm must ensure upgrading the departments core competencies through making sure that employees have the innate ability or  skills demanded.

Firms that adopt the Cost leadership strategy does so to earn higher returns and competitive advantages through of offering of products at lowest prices in the market.

The core competencies in manufacturing and logistics includes pro-activeness, ability to handle documents properly, strategic thinking, forward thinking, logical decision-making, networking abilities etc

However, the firm must ensure upgrading the departments core competencies through making sure that employees have the innate ability or  skills demanded.

Read more about this here

<em>brainly.com/question/6214273</em>

7 0
3 years ago
Roasters Corporation and Outdoor Barbecues, Inc., enter into a contract for a sale of a commercial grill. The contract requires
vekshin1

Answer:

A) Roasters delivers the goods to Speedy

Explanation:

Risk of loss under the law of contracts is used to determine which party should bear the burden of risk for damage occurring to goods after the sale has been completed, but before delivery has occurred. This is normally used after the contract is formed but before buyer receives goods, something bad happens.

  1. The breaching rule applies risk of loss on the seller if at the time of delivery, the goods show up broken.
  2. Risk of loss shifts from seller to buyer at the time that seller completes its delivery obligations
  3. For a destination contract, then risk of loss is on the seller
  4. For a delivery contract, then risk of loss is on the seller
  5. if the seller is a merchant, then the risk of loss shifts to the buyer upon buyer's "receipt" of the goods. If the buyer never takes possession, then the seller still has the risk of loss
8 0
4 years ago
Merchandise inventory at the end of the year was understated. Which of the following statements correctly states the effect of t
forsale [732]

Answer:b. net income is overstated

Explanation:

The cost of inventory which is a constituent of cost of goods sold will have an impact on the income, an higher cost of inventory means low net income and lower cost of inventory means an higher net income. Therefore if the inventory is understated it leads to profit overstatement.

Net income will not be understated because a cost item has been understated but it will only be overstated, cost of merchandise sold is understated but this is the action and not the effect, merchandise on the balance sheet will be understated and not overstated.

5 0
3 years ago
Read 2 more answers
What is the difference between a co-payment and co-insurance?
Anna11 [10]

A copay is a set rate you pay for prescriptions, doctor visits, and other types of care. Coinsurance is the percentage of costs you pay after you've met your deductible.

4 0
3 years ago
Anne Lockwood, manager of Oaks Mall Jewelry, wants to sell on credit, giving customers 3 months to pay. However, Anne will have
Alja [10]

Answer:

15.18%

Explanation:

Calculation for the nominal annual rate

First step is to find EFF% using this formula

EFF%=[1+(Nominal rate percentage/Numbers of months in a year )]^Numbers of months in a year

Let plug in the formula

EFF%=[1+(15%/12)^12

EFF%=(1+0.0125)^12

EFF%=(1.0125)^12

EFF%=1.1608×100%

EFF%=116.08%

Second step is to find Rnom compounding quarterly of 116.08% using this formula

Rnom compounding quarterly = (1+(R/4)^4

Let plug in the formula

Rnom compounding quarterly= (116.08%)^(1/4) Rnom compounding quarterly= 1+ R/4

Hence,

Rnom compounding quarterly = 15.18%

Therefore Anne Lockwood should quote her customers with Rnom compounding quarterly of 15.18%

6 0
3 years ago
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