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1 year ago

The banking system in the united states is referred to as a fractional reserve banking system because?

1 answer:

5 0

The banking system in the United States is referred to as a fractional reserve bank system because banks hold a fraction of deposits on reserve.

The Reserve bank of India chiefly referred to as RBI is India's valuable financial institution and regulatory frame chargeable for the regulation of the Indian banking gadget. It is below the possession of the Ministry of Finance, authorities of India. It's miles chargeable for the manipulation, difficulty, and maintaining delivery of the Indian rupee.

The reserve bank acts as a regulator and supervisor of the general financial system. This injects public self-belief into the countrywide economic gadget, protects hobby costs, and gives wonderful banking alternatives to the general public. Subsequently, the RBI acts as the company of countrywide forex.

The Federal Reserve Banks are installed like private corporations. Member banks keep stock inside the Federal Reserve Banks and earn dividends.

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The distinction between _____ is what defines an MNE from a firm that merely exports or imports.a. small- and large-scale of ent

andre [41]

Answer: Option a

Explanation: MNE refers to multinational enterprises, these organization are the one which operates their their business in several countries. Due to their world wide reach to the markets their scale of operations remains very high with a large number of shareholders.

These organisation usually have more than one form of business, they diversify their activities as a protection from different political or environmental factors in the countries in which they operate.

Hence the correct option is A.

3 0

3 years ago

Beverly Company has determined a standard variable overhead rate of $1.25 per direct labor hour and expects to incur 1 labor hou

Elan Coil [88]

Answer:

(i) 95 (F)

(ii) 125 (F)

(iii) 220 (Overapplied)

Explanation:

Variable Overhead Rate Variance:

= Actual Hours × (Actual Rate - Standard Rate)

= 1,900 × ($1.20 - $1.25)

= 95 (F)

Variable Overhead Efficiency Variance:

= Standard Rate × (Actual Hours - Standard Hours)

= $1.25 × (1,900 - 1 × 2,000)

= 125 (F)

Over- or Underapplied Variable Overhead:

= Actual Overhead Incurred - Overhead Applied

= (1,900 × $1.20) - (2,000 × $1.25)

= 220 (Overapplied)

7 0

3 years ago

Which of these does not fall under the "marketplace" umbrella

adoni [48]

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

Below are the choices that can be found from other sources:

1.Taxation
2.e-commerce
3.physical places of business
4. Stock market

I think the answer should be e-commerce

7 0

3 years ago

Denzel Brooks opened a Web consulting business called Venture Consultants and completes the following transactions in March Marc

san4es73 [151]

Answer:

1. Prepare general journal entries to record these transactions using the following titles:

March 1

Dr Cash (101) 175,000

Dr Office Equipment (163) 26,000

Cr Common Stock (307) 201,000

March 2

Dr Prepaid Rent (131) 6,000

Cr Cash (101) 6,000

March 3

Dr Office Equipment (163) 3,800

Dr Office Supplies (124) 2,200

Cr Accounts Payable (201) 6,000

March 6

Dr Cash (101) 4,500

Cr Services Revenue (403) 4,500

March 9

Dr Accounts Receivable (106) 10,900

Cr Services Revenue (403) 10,900

March 12

Dr Accounts Payable (201) 6,000

Cr Cash (101) 6,000

March 19

Dr Prepaid Insurance (128) 6,400

Cr Cash (101) 6,400

March 22

Dr Cash (101) 4,000

Cr Accounts Receivable (106) 4,000

March 25

Dr Accounts Receivable (106) 5,330

Cr Services Revenue (403) 5,330

March 29

Dr Dividends (319) 5,400

Cr Cash (101) 5,400

March 30

Dr Office Supplies (124) 1,700

Cr Accounts Payable (201) 1,700

March 31

Dr Utilities Expense (690) 1,400

Cr Cash (101) 1,400

2. Post the journal entries from part 1 to the ledger accounts.

Account Description Debit Credit

101 Cash 175,000

6,000

4,500

6,000

6,400

4,000

5,400

1,400

101 Cash 158,300

106 Accounts Receivable 10,900

4,000

5,330

106 Accounts Receivable 12,330

124 Office Supplies 2,200

1,700

124 Office Supplies 3,900

128 Prepaid Insurance 6,400

131 Prepaid Rent 6,000

163 Office Equipment 26,000

3,800

163 Office Equipment 29,800

201 Accounts Payable 6,000

6,000

1,700

201 Accounts Payable 1,700

307 Common Stock 201,000

319 Dividends 5,400

403 Services Revenue 4,500

10,900

5,330

403 Services Revenue 20,730

690 Utilities Expense 1,400

3. Prepare a trial balance as of April 30.

Account Description Debit Credit

101 Cash 158,300

106 Accounts Receivable 10,900

106 Accounts Receivable 12,330

124 Office Supplies 3,900

128 Prepaid Insurance 6,400

131 Prepaid Rent 6,000

163 Office Equipment 29,800

201 Accounts Payable 1,700

307 Common Stock 201,000

319 Dividends 5,400

Retained earnings 11,000

403 Services Revenue 20,730

690 Utilities Expense 1,400

TOTAL 234,430 234,430

6 0

3 years ago

According to arnold and bustos, which two sectors of the US economy are the mot carbon-intensive?

Stels [109]

Answer: Transportation and electricity generation

Explanation:

According to Arnold and Bustos, the two sectors of the United States economy that are the most carbon-intensive are the transportation sector and the electricity generation sector.

The transportation sector contributes a lot to the emissions of greenhouse gas emissions as they typically come when fossil fuel for ships, vans, planes, motorcycles, cars etc are burned. Also, the generation of electricity is also carbon intensive as carbon is being powered in order to generate electricity.

7 0

2 years ago