Answer:
Money available for loans is $18,750
Explanation:
The formula for calculating the total amount of money a bank can loan is:
money available for loans = (1 - required reserve ratio) x total deposits
money available for loans = (1 - 25%) x $25,000 = 75% x $25,000 = $18,750
b.) The Value added to a product by transferring ownership to the customer.
is the answer
<u>Explanation:</u>
Possession utility explains and possibly contains the gratification that arises from owning a product or using a service. Buying and selling of anything include the change of ownership from one to another. Possession utility is what lets customers asses what they purchased. Having versatile choices for payment is one way to make possession simple for customers. Other methods can be how the product is delivered, how quickly it is delivered. Possession utility gets down to knowing how people relish what they have and what they give others. Although possession utility is peculiar, it is also significant and usually results after some kind of legal exchange.
Answer: They oversee the recruiting, interviewing, and hiring of new staff; consult with top executives on strategic planning; and serve as a link between an organization's management and its employees.
Explanation:
If a consumer doesn't pay off their entire credit card balance it becomes a debt that will continue to accrue interest and eventually will end up in collections
Answer:
<u>Black Diamond Express</u>
<u>Trial Balance as at January 31, 2018.</u>
Debit Credit
Accounts Payable $1,100
Rent Expense $500
Accounts Receivable $1,700
Service Revenue $3,000
Cash $1,400
Supplies $200
Common stock $2,000
Salaries and Wages Expense $1,300
Dividends $1,000
Totals $6,100 $6,100
Explanation:
A trial balance is a list of balances (debits and credits) that is prepared from the ledger accounts from which Financial Statements are prepared.
The Trial Balance can be used a check to the correctness of the double entry system.
