1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zina [86]
3 years ago
9

Suppose the banking system currently has $300 billion in reserves, the reserve requirement is 5 percent, and excess reserves are

$30 billion. What is the level of loans?
$5,400 billion

$5,100 billion

$270 billion
Business
1 answer:
Readme [11.4K]3 years ago
4 0

Answer:

$5,400 billion

Explanation:

The computation of the level of loans would be

We know that

Multiplier = 1 ÷ reserve ratio

               = 1 ÷ 0.05

               = 20

And the required reserve would be

= Currently reserves - excess reserve

= $300 billion - $30 billion

= $270 billion

Now the level of loan would be

= $270 billion × 20

= $5,400 billion

You might be interested in
You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 4.4 percent indefinitely
aleksandr82 [10.1K]

Answer: $50.83

Explanation:

Based on the information given in the question, the following can be deduced:

r = required return = 10.6% = 0.106

D0 = Dividend = 3.29

g = growth rate = 4.4% = 0.044

The price per share of the company's stock will be:

= D0(1 + g)/(r - g)

= 3.29(1 + 0.044)/(0.106 - 0.044)

= 3.29(1.044)/(0.062)

= 3.15134/0.062

= $50.83

6 0
3 years ago
Please answer both questions in complete sentences
pogonyaev

Answer:

Number 1 question: payroll taxes

income taxes

wages

short term loans

outstanding expenses

Number 2 question:

In its simplest form, your balance sheet can be divided into two categories: assets and liabilities. Assets are the items your company owns that can provide future economic benefit. Liabilities are what you owe other parties. In short, assets put money in your pocket, and liabilities take money out!

Explanation:

8 0
2 years ago
The hotel chain Ritz-Carlton uses the phrase "Ladies and gentlemen taking care of ladies and gentlemen" to demonstrate the compa
denis23 [38]
<h2>The company is expressing its key corporate value with a slogan. (Option A)</h2>

Explanation:

The slogan is self explanatory that ladies and gentlemen taking care of ladies and gentlemen.

About the slogan:

  • So it adds values both to employees as well as the customer.
  • Slogan is more of customer-friendly
  • The slogan is always the right aspect to express the motto, culture of the organization and hotel chain Ritz-Carlton has smartly framed it.

Justification about the other options:

  • If the slogan is adding value to the employees alone, then it means that company is valuing the customer who is the king for business.
  • Even the last option stands invalid because, the focus of customer is lost, it feels like self-appraising the company itself.

6 0
3 years ago
Letters with already formatted fonts and fields are called
azamat

Answer:its templates

Explanation:

6 0
3 years ago
When does a substance releases heat?? (it's about changing state of matter)
Andrej [43]
Heat is released when a substance changes from a gas to a liquid, or from a liquid to a solid.

When a liquid changes to a solid, we refer to that as the process of 'freezing'.
3 0
3 years ago
Other questions:
  • What is justice? are we achieving it? and what are the costs of justice (cost/benefit analysis)? keep in mind, costs can be reco
    12·1 answer
  • When ur around 12 years old what time should ur bedtime be
    15·2 answers
  • The original amount of money you deposit in a savings account is the _____.
    8·1 answer
  • Checking accounts at a local bank carry an average balance of $3,000. The bank turns over its balance 6 times a year.
    14·1 answer
  • On January 1, 2018, Surreal Manufacturing issued 570 bonds, each with a face value of $1,000, a stated interest rate of 3 percen
    15·1 answer
  • Some say, "Pollution is the price of progress? 1. Who in fact pays the price? 2. Explain the moral and the economic issues raise
    14·1 answer
  • Jason bought his first color television set after flat screen televisions were already widely diffused. He is most likely to be
    14·1 answer
  • Logan Corporation issued $800,000 of 8% bonds on October 1, 2006, due on October 1, 2011. The interest is to be paid twice a yea
    12·1 answer
  • The _____ indicates whether a firm earned a profit or suffered a loss over the past accounting period. Answer
    10·1 answer
  • 1.- Registre el siguiente asiento de situación inicial en su libro Diario
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!