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kompoz [17]
3 years ago
13

If the required reserve ratio is 0.08, a bank can lend out:

Business
1 answer:
GrogVix [38]3 years ago
8 0

Answer:

C) 92 percent of its deposits.

Explanation:

Since, the reserve ratio represents the portion of deposit that a commercial bank must hold onto, rather than lend out or invest.

i.e. if reserve ratio = a%,

Then the percentage of amount that bank can land out = (100-a)%,

Here,

Reserve ratio = 0.08 = 8%,

Thus, the percentage of amount that bank can land out = (100-8)% = 92%.

i.e. bank can land 92 percent of its deposits.

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If the potential gross rental income from a property is $20,000, the vacancy rate is 5 percent, and the additional income from t
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Answer: The correct answer is 19,700

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2 years ago
Value Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The c
sertanlavr [38]

Answer:

$3,504

Explanation:

Catering supplies = $500 + $76 x j + $14 x m

where,

j = number of jobs in a month

m = number of meals in a month

therefore,

Planning budget for June, use the Actual number of jobs and meals into the formula (Actual Activity).

June Catering supplies = $500 + $76 x 13+ $14 x 144

                                       =  $3,504

Conclusion

The catering supplies in the planning budget for June would be closest to $3,504.

6 0
3 years ago
Bellswood Jewelers uses an ID card scanner and six-digit code to allow entry into their jewelry vault. The six-digit code is the
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Answer:

Violate Establishment of responsibility

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Establishment of responsibility is an characteristic of control such as internal related methods,measures adopted within an organization to safeguard assets and enhance the reliability of accountability, increase efficiency of operations,etc and which is used for assigning of responsibility to an individuals i.e when only ONE person is responsible for a given task.

Bellswood Jewelers makes used of the principle of establishment of responsibility in it operations.

The salesperson who sees another salesperson’s ID card lying unattended in the break room, and then make uses of the card to enter the vault and steal jewelry worth $36,840 had violated the establishment of responsibility of Bellswood

7 0
3 years ago
In order to help their employees move from one job to another, and in order to meet the challenges of a global economy, corporat
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In order to help their employees move from one job to another, and in order to meet the challenges of a global economy, corporations must offer retraining program as part of their employee development programs.

To meet the challenges of a global economy and to help employees move from one job to another corporations must offer retraining as part of employee development programs. Training and development is considered vital because it allows employers to pinpoint skills and knowledge they want in their employees. These trainings not only educate the employees but also provide updates on existing skills to increase productivity. Every business has different needs to retain their employees to meet their internal and external challenges.

These trainings to retain the employees are proved to be fruitful

  1. When there is a talent gap in your organization.
  2. When improvement is required in certain areas.
  3. When training becomes essential in certain programs.

Therefore corporations must offer retraining to help employees move from one job to another and meet global challenges.

You can learn more about retraining at

brainly.com/question/14435353

#SPJ4

6 0
1 year ago
An investor just purchased a 10-year, $1,000 par value bond. the coupon rate on this bond is 8 percent annually, with interest b
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i think it is $875.38

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