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den301095 [7]
3 years ago
13

A grocery store sells grapes for 1.99 per pound you buy 2.34 pounds of the grapes how much do you pay

Business
1 answer:
kotykmax [81]3 years ago
5 0
The answer to this question would be: $4.66

In this question, the grapes price is $1.99 per pound and you try to buy 2.34 pounds of grapes. Then you need to multiply the price with the weight of grapes. The calculation would be:

total price= price per pound * grapes weight(in pounds)
total price= $1.99/ pound * 2.34 pounds= $4.66
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Nana76 [90]

Answer:

The explanation is given as follows.

Explanation:

<u>Task 1: </u>

<u>The higher the percentage of assets a bank holds as loans, the higher the capital requirement.</u>

When the owners of the bank borrow $100 to supplement their existing reserves , both reserves and debt increase by $100 , therefore increase in debt as in any balance sheet , the total value of accounts on the left hand should be equal to the right hand , so when there is increase in reserves , there will be increase in debt.

<u>Task 2:</u>

<u>It specifies a minimum leverage ratio for all banks </u>

leverage ratio initially = total assets / capital = 1750 / 125 = 14

leverage ratio new value = total assets / capital = 1850 / 125 = 14.8 ( the assets increase by $100 with increase in reserves)

<u>Task 3</u>

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4 0
3 years ago
When evaluating a balance sheet, the two primary questions are ________?
Brilliant_brown [7]

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4 0
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bixtya [17]
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Soloha48 [4]
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8 0
3 years ago
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