The answer is 3 most definitely three lol 1+1=3 yup you bet lol
Answer and Explanation:
The computation of the reserve requirement is given below;
Required reserves is
= Deposits - loans - excess reserves
= $400 - $362 - $6
= 32 million
And,
Required reserve ratio is
= Required reserves ÷ Deposits
= 32 ÷ 400
= 8%
In this way, it should be determined so that the correct value & percentage could come
<span>Economic growth is an increase amount of services or/ and goods produced by head of population over a period of time</span>
Hi there
The journal entry would be
debit to telephone expense for $300
Credit to cash for $300
Good luck!
Financial venture. even his wife was supportive. albert liked a number of riskier company
