Answer:
3 times per year
Explanation:
ROI = Profit/Sales * Sales/Asset
30% = 1,050,000/10500000 * Asset Turnover
30% = 10% * Asset Turnover
Asset Turnover = 30%/10%
Asset Turnover = 3 times per year
The bank has an excess of $7,250,000. The total deposits maintained by the bank are $125 million. The reserves maintained by the bank are $26 million. The required reserve ratio is 15%.
Total deposits are 125,000,000.
The Required reserve ratio is 15%.
So in actuality, the bank had to maintain a reserve of $18,750,000.
It is maintained a total reserve of $ 26,000,000.
Excess reserve of $7,250,000.
The banks are required to maintain a particular percentage as reserve of the amount deposited with them. Deposit is that amount that the customers maintain with them. The banks make a profit by lending this deposit to other lenders. The bank has to keep an amount as reserve to see that they are able to pay back the customer their deposit amount if required by the customer.
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Marshall Manufacturing has adopted an integrated marketing communication system
.
Option C
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Explanation:
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The main aim of an organisation is to have an effective communication channel to enhance their profit by adopting to an effective system.
For such effective system the organisation can make use of a model called Integrated marketing communication system this will organise and integrate all the promotional strategies of marketing and communicating to the end user.
This is a long process wherein the brand awareness will be created among the general customers at a low cost. This is also abbreviated as IMC which utilize numerous channels to communicate the campaign messages.
This campaign boost the efficiency of marketing activities that are used to convert strangers into prospects and prospects into customers.
Answer:
False. Have a Good day I hope this helps
Explanation:
Answer:
The Federal Reserve System's main duties include conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services. The Federal Open Market Committee is the Fed's monetary policy-making body and manages the country's money supply.
Explanation:
