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strojnjashka [21]
3 years ago
5

Why does a bank sometimes hold excess reserves?

Business
2 answers:
Nastasia [14]3 years ago
5 0
The answer to the question above is "To maintain its liquidity if customers make demand whether its withdrawal or saving" based on the reserves meaning. A central bank holds the commercial banks excess of capital to maintain their liquidity. A bank will always have the liquidity risk to its business. This reserve is made to assure banks' liquidity.
tamaranim1 [39]3 years ago
5 0

To be sure it can meet its costumers' demands.

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What do u mean by equipment ?​
miss Akunina [59]

Explanation:

1a : the set of articles or physical resources serving to equip a person or thing: such as. (1) : the implements used in an operation or activity : apparatus sports equipment. (2) : all the fixed assets other than land and buildings of a business enterprise. (3) : the rolling stock of a railway.

6 0
3 years ago
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If Roten Rooters, Inc., has an equity multiplier of 1.52, total asset turnover of 1.20, and a profit margin of 6.2 percent, what
Katarina [22]

Answer:

11.30%

Explanation:

Roten rooters have an equity multiplier of 1.52

The total assets turnover is 1.20

The profit margin is 6.2%

= 6.2/100

= 0.062

Therefore the ROE can be calculated as follows

= 0.062× 1.52×1.20

= 0.1130×100

= 11.30%

Hence the ROE is 11.30%

7 0
2 years ago
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A new report has shown that helmets reduce the head injuries from biking accidents. To ensure that as many individuals as possib
Radda [10]

Answer:

E. The supply curve for helmets will shift to the right.

B. The demand curve for helmets will remain the same.

Explanation:

In order to promote the use of helmets the subsidy will result in the shift of supply curve to the right because through subsidy producers are encouraged to supply more. Hence increasing the output.

Whereas the demand curve will remain the same. There will be no shift in demand curve. Only movements along the demand curve will be observed, the demand curve stays the same.

It is shown in the diagram in attachment.

6 0
3 years ago
The County legislature approved its 2020 budget. Revenues from property taxes are estimated to be $800,000. The assessed value o
marin [14]

Answer:

The County

The property tax rate per $1,000 of net assessed value that the County must charge to collect sufficient property taxes to meet its $800,000 estimate is:

D. $26.67 for each $1,000 of net assessed value.

Explanation:

a) Data and Calculations:

Estimated Revenues from Property Taxes = $800,000

Assessed value of property in the county = $40 million

Exempted property in the county:

Homestead = $3.0 million

Veterans =        1.3 million

Old age =         0.7 million

Nonprofits =    5.0 million

Total exemptions = $10 million

Therefore, net assessed value = $30 million ($40 - 10 million)

Chargeable Rate per $1,000 = $800,000/$30,000,000 * 1,000 = $26.67

7 0
2 years ago
The difference between actual hours times the actual pay rate and actual hours times the standard pay rate is the labor ________
4vir4ik [10]

Answer:

"Labor price variance " is the correct choice.

Explanation:

  • The variation throughout the labor rate represents the distance between real as well as anticipated labor costs. These were measured by taking the difference, based upon the number of additional hourly wages, between some of the real labor amount charged as well as the minimum amount.
  • Absolute variation in the labor rate is equivalent to absolute variation in the price of the commodity.
8 0
3 years ago
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