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charle [14.2K]
4 years ago
11

What does it mean to say that "banks create money"?

Business
1 answer:
vova2212 [387]4 years ago
8 0
The process wereby banks make loans equal to amount of their excess recerves and create new checkbook money is known as multiple deposit creation each time a bank recieves a deposit it sets aside some of it to meet reserve requirements and may lend an amount equal to the remaing excess reserves 
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Your company also has another 1,000 options outstanding and each can be exchanged for one share of common stock at an exercise p
Hitman42 [59]

Answer:

-120

hence, this is anti dilute because it is negative.

Explanation:

Find the attachment

6 0
3 years ago
Cost-Volume Profit Analysis Recline Company is planning to produce and sell 11,250 units of its only product at a unit price of
Anarel [89]

Answer:

Calculate Recline’s contribution margin ratio.  

Contribution Margin RATIO  34%

Calculate the break-even point in sales dollars for Recline.    

Break-Even Point  $1.030.556

Explanation:

  • The contribution margin it's determined by the total amount of Gross Profit divided by the total value of sales. To this case $405,000/$1,192,500 = 34%

      Income Statement

11.250       Quantities

$106          Unit Price

$1,192,500 Sales

-$787,500 Cost of goods sold

$405,000 Contribution Margin  34%

-$281,250 Fixed Cost

$123,750 Operating Income

  • The Break Even point it's when the Operating Income is equal to zero, it means the lowest level of sales the company can afford and not loss money.

 BREAK EVEN POINT

9.722        Quantities

$106         Unit Price

$1,030,556 Sales

-$787,500 Cost of goods sold

$243,056 Contribution Margin

-$243,056 Fixed Cost

$0            Operating Income

5 0
4 years ago
All of these careers may require you be good with numbers.<br> A. <br> True<br> B. <br> False
Ierofanga [76]

Answer:

A LOT of careers need math to operate them

Explanation:

Hope this helps

5 0
3 years ago
Read 2 more answers
Despite its name, Choco Central is located in a small shopping center far from customers. However, the company enjoys outstandin
Andrew [12]

Answer:

Word of Mouth

Explanation:

As per the question company is enjoying its own business with the help of satisfied customers and customers are sharing their experience with the company because the Choco Central is a branded company and whoever (customer) is enjoying the brand tells their family, friends, and their relatives. So, automatically the company publicity is on top with the help of satisfied customers and providing the premium quality.

Therefore, the advertisement of the Choco Central is getting publicity from the customers through word of mouth.

3 0
3 years ago
Best birdies produces ornate birdcages. the company's average cost per unit is $18.00 when it produces 2,200 birdcages. if $5,50
marshall27 [118]
To predict the total costs for 3,000 birdcages:

Use the average cost per unit of $18.00 and multiply it by 3,000.
($18)(3,000)= $54,000
$54,000 
is the predicted total costs of 3,000 birdcages. 
5 0
3 years ago
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