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3 years ago

Definition of collateral

Business

2 answers:

Romashka [77]3 years ago

8 0

Collateral- Something pledged as security for repayment of a loan, to be forfeited in the event of a default.

salantis [7]3 years ago

6 0

^^^ I agree have read it over that answer is 100 percent correct

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Suppose American Bank has $500 in deposits and $200 in reserves and that the required reserve ratio is 10 percent. In this si

Alekssandra [29.7K]

Answer:

A. $50 in required reserves.

Explanation:

Required reserve is a reserve amount which is required by the regulatory authority to a bank to maintain as a percentage of total deposit. Sometimes the bank reserve extra amount above the requirement to deal with any abnormal transaction. This value is known as the excess reserves.

As per given data

Deposits = $500

Reserves = $200

Required Reserve ratio = 10 percent

Required reserve = Reserve required / Total Deposit

0.1 = Reserve required / $500

Reserve Required = $500 x 0.1

Reserve Required = $50

Excess reserve value = Actual Reserve - Required reserve = $200 - $50 = $150

6 0

3 years ago

Rue's hunting emporium sells hunting equipment. the store advertises its equipment in a popular magazine every monday. it also p

Alla [95]

<span>The scenario in which the store advertises its equipment in a popular magazine every Monday and on a television commercial every Thursday at 5:00 p.m. for a period of three months is an example of </span>continuous media schedule. It is type of advertising that includes advertising of <span>the products throughout a planned period of time.

</span>

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3 years ago

Union members earn_____________________ than non-union members, even after adjusting for factors such as_____________________. a

forsale [732]

Union members earn "about 20% more" than non-union members, even after adjusting for factors such as "years of work experience and education level.".

<h3>Who are Union and Non-Union members?</h3>

Workers who band together and use their collective power to have a say in the workplace create a union.

Labour union members can bargain with employers about pay, benefits, workplace health and safety, job training, and other work-related problems from a position of power through their union.

Employee involvement in corporate decision-making through representative organisations is known as non-union employee representation.

The reasons for union workers paid more are-

Employees that are more productive get paid more - Unions assert that they may bargain for greater salaries for workers.
In truth, higher pay rates result from employers in unionised organisations being more selective in the hiring process since they must find individuals who can produce more and do so with higher standards.

To know more about the roles of labour union, here

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2 years ago

Corporate stock can be divided into categories called ________, which can be further divided into ________.

Sophie [7]

Answer:

c. classes, series.

Explanation:

Corporate stock refers to the shares issued to the shareholders through which the company gets its funds for the business.

These shares are of two classes mainly:

Equity and Preference

These are further divided into series like:

Equity = Fully paid, 50% paid

Preference = 5% Preference or 10% preference capital or any other rate.

Further it includes, the reserve and surplus also.

4 0

3 years ago

Home Products, Inc., is planning the introduction of a new food dryer. To compete effectively, the dryer would have to be priced

lys-0071 [83]

Answer:

The Target cost per dryer will be $35 per dryer

Explanation:

First, we need to calculate the required return

Required return = Investment x Required rate of return

Where

Investment = $600,000

Required rate of return = 25%

Placing values in the formula

Required return = $600,000 x 25% = $150,000

Now calculate the return per dryer

Return per dryer = Required return / Expected sale = $150,000 / 30,000 = $5 per dryer

Now use following formula to calculate the target cost per dryer

Return Per dryer = Selling price per dryer - Target cost per dryer

$5 per dryer = $40 per dryer - Target cost per dryer

Target cost per dryer = $40 per dryer - $5 per dryer

Target cost per dryer = $35 per dryer

8 0

3 years ago

Definition of collateral​

Definition of collateral