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Dominik [7]
3 years ago
6

Macroeceomics Assets Liabilities and Net Worth Reserves $27,000 Checkable Deposits $110,000 Loans 50,000 Stock Shares 200,000 Se

curities 33,000 Property 200,000Refer to the accompanying balance sheet for the ABC National Bank. Assume the required reserve ratio is 20 percent. Assuming the bank loans out all of its remaining excess reserves as a checkable deposit and has a check cleared against it for that amount, its reserves and checkable deposits will now be:__________.
Business
1 answer:
finlep [7]3 years ago
7 0

Answer:

Assuming the bank loans out all of its remaining excess reserves as a checkable deposit and has a check cleared against it for that amount, its reserves and checkable deposits will now be: $5000

Explanation:

Checkable deposit = 110,000  

Required reserve = 20% of 110,000

                              = 22,000

Reserves = $27,000

Excess reserve = 27,000 - 22,000

                          = $5000

So, this bank can safely expand its loans by a maximum of $5000 ( i.e, excess reserve)

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Tyler purchased a home eight months ago for $160,000. The assessed value of his home is $120,000 and the appraised level current
cricket20 [7]

Answer:

$120,000

Explanation:

Data provided in the question

Purchase value of the home eight months ago = $160,000

The assessed value = $120,000

Appraised value = $167,000

By considering the above information, the ad valorem taxes is based on the assessed value i.e $120,000

So, the ad valorem taxes amount is $120,000 as this taxes is always based on the assessed value rather appraisal value or purchase vaue are given

6 0
4 years ago
If 11 workers can produce a total of 54 units of a product and the 20 worker has a marginal product of six units what is the ave
Rufina [12.5K]

Answer:

If 11 workers can produce a total of 54 units of a product and the 20 worker has a marginal product of six units what is the average product of 12 workers?

11 workers= 54 units

12 workers= ?

12 x 54/11= 59 units

Explanation:

7 0
3 years ago
On January 1, Martinez Corp. had 61,800 shares of no-par common stock issued and outstanding. The stock has a stated value of $4
vekshin1

Answer:

<em>The entries are prepared in a tabular form in the explanation section below</em>

Explanation:

<em>From the example, the first step to take is to prepare he entries, if any, on each of the three dates that involved dividends.</em>

<em>Date          Account titles and explanation   Debit          Credit</em>

<em>June 15               Cash Dividends                 $119,760 </em>

<em>                          Dividends Payable                                 $119,760</em>

<em>July 10               Dividends Payable             $119,760</em>

<em>                           Cash                                                     $119,760</em>

<em>Dec. 15               Cash Dividends                $161,300</em>

<em>                           Dividends Payable                              $161,300</em>

4 0
4 years ago
Why is the earth round why not a square or a triangle
Fofino [41]

Answer:

because science.

Explanation:

a square shaped earth would be cool tho

8 0
3 years ago
Read 2 more answers
A market structure with a large number of sellers who make differentiated products is called _____.
Lubov Fominskaja [6]
The correct answer for the question that is being presented above is this one: "Monopolistic competition." A market structure with a large number of sellers who make differentiated products is called monopolistic competition. Monopolistic Competition refers to a type of imperfect competition<span> such that many producers sell products that are differentiated from one another.</span>

4 0
3 years ago
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