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BartSMP [9]
1 year ago
12

If people refused to use banks to create checkable deposits, the banking system would:___.

Business
1 answer:
irinina [24]1 year ago
7 0

If people refused to use banks to create checkable deposits, the banking system would not be able to create new money.

Checkable deposits include all accounts on which checks can be drawn. These deposits allow the owner of bank account to write checks to third parties. Also, they are very liquid assets that allow depositors to have an easy access to their funds.

For these reason, checkable deposits generally are important but also one of the lowest-cost source of bank funds, covering a large share of bank liabilities. Thus, banks create money by lending excess reserves to consumers and businesses.

Hence, if people refused to use banks to create checkable deposits, the money multiplier decreases.

To learn more about Checkable deposits here:

brainly.com/question/15867820

#SPJ4

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Boney Corporation processes sugar beets that it purchases from farmers. Sugar beets are processed in batches. A batch of sugar b
uysha [10]

Answer:

Financial advantage of further processing = $22

Explanation:

As per the data given in the question,

Cost of batch = $51

Processing cost of batch = $10

Total cost of batch of sugar beets = $51 + $10 = $61

Sale of beet fiber without further processing = $21

Sale of juice fiber without further processing = $42

Total sale value =$21+$42 = $63

Cost of sugar beets = $61

Loss on sale without further processing = $63 - $61 = $2

Financial advantage :

Sale value = $59

Processing cost = $11

Incremental advantage = $59 - $11 = $48

Sale value of refined sugar = $59

Processing cost = $24

Incremental advantage = $59 - $24 = $35

Total Incremental advantage = $48 + $35 = $83

Total cost of beet sugar = $61

Financial advantage of further processing = $83 - $61 = $22

Hence, the batch of sugar beets would loss of $2 if not processed further but sold as beet fiber and beet juice.

The batch of sugar beets would earn a profit of $22 when processed further.

4 0
3 years ago
Evert Company makes two types of circuit boards. One is a high-caliber board designed to accomplish the most demanding tasks; th
Allisa [31]

Answer:

The calculation is shown below:-

Explanation:

a. Unit-level activities

Total direct labor hours = 27,000

Total inspection cost = $540,000

Per direct labor hours cost = $540,000 ÷ 27,000

= $20

Allocations

High caliber = 6,000 × $20

= $120,000

Low caliber = 21,000 × $20

= $420,000

b. Batch-level activities

Total number of batches = 40

Total inspection cost = $540,000

Cost per batch = $540,000 ÷ 40

= $13,500

Allocations

High caliber = $13,500 × 20

= $270,000

Low caliber = $13,500 × 20

= $270,000

c. Product-level activities

Total number of inspections = 5

Total inspection cost = $540,000

Cost per inspections = $540,000 ÷ 5

= $108,000

Allocation

High caliber = $108,000 × 3

= $324,000

Low Caliber = $108,000 × 2

= $216,000

d. Facility-level activities

Total number of square feet = 100,000

Total inspection cost = $540,000

Cost per square feet = $540,000 ÷ 100,000

= $5.4

Allocation

High caliber = 30,000 × $5.4

= $162,000

Low caliber = 70,000 × $5.4

= $378,000

4 0
3 years ago
For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that ther
notka56 [123]

For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that there will be immediate sales upon completion of product development.

<h3>Reason for early sales</h3>

When a particular products meet the demand of people, there is possiblity of sales immediately after the product is release.

Hence, product should be targeted towards demand.

Therefore, For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that there will be immediate sales upon completion of product development.

Learn more on entrepreneur below

brainly.com/question/26701703

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3 0
2 years ago
Dakota Trucking Company (DTC) is evaluating a potential lease for a truck with a 4-year life that costs $40,000 and falls into t
Afina-wow [57]

Answer:

The company should borrow or buy the truck as it is less costly than leasing.

Explanation:

Detailed solution is given below

7 0
3 years ago
If I were a salesmen, how could I sell 10 boxes of burritos?
Alja [10]
You can make posters and signs that can show ppl you sell them or get a food truck !
6 0
2 years ago
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