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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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Alenkasestr [34]
<span>Before, during, and after a sale, a selling strategy must focus on meeting a customers needs.

It is important when you are trying to sell a product or service to someone, that they see the benefits themselves. As a sales person your job is to make sure the product you have is meeting the customers needs fully because if they don't see that, they won't make the purchase. As a customer, whenever I buy a product I run down a list of ways it will benefit me or why I need it. 
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3 years ago
Hassock Corp. produces woven wall hangings. It takes 3 hours of direct labor to produce a single wall hanging. Hassock standard
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Answer:

Direct labor time (efficiency) variance= $2,080 unfavorable

Explanation:

Giving the following information:

Standard= 3 hours of direct labor per unit

The standard labor cost is $13 per hour.

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<u>To calculate the direct labor efficiency variance, we need to use the following formula:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (3*9,000 - 27,160)*13

Direct labor time (efficiency) variance= $2,080 unfavorable

5 0
2 years ago
Name three factors that determine a good’s or service’s elasticity.
pav-90 [236]

Answer:

Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.

Explanation:

4 0
3 years ago
Read 2 more answers
Jami is managing an extended advertising campaign for a local convenience store chain. The campaign includes a series of televis
alexandr1967 [171]

Answer: (C) The daily and weekly sales volume

Explanation:

  According to the given question, the daily and weekly sales volume is one of the best indicator for checking the effectiveness of the advertising in an organization as it helps in measuring the various types of sales statistics on the basis of weekly or daily target.  

 By using the following ways we can monitoring the sales volume either daily or weekly basis are as follows:

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    Jami is basically managing the advertisement campaign and  for the purpose of monitor this advertising campaign we basically analyzing the sales volume such as the product line,  sales region and also the product level.    

  Therefore, Option (C) is correct answer.

6 0
4 years ago
If tom were married and his spouse was not working for pay, what would his 2021 taxable income be?
Sergeeva-Olga [200]

If Tom were married and his spouse was not working for pay, his 2021 taxable income would be a maximum 15% rate (20% in the case of high income taxpayers. Read below about who an income tax payer.

<h3>Who is an income taxpayer?</h3>

A taxpayer is an individual or corporation who pay taxes annually on their earning as per the provisions of the Income Tax Act. Once you file income tax returns and disclose your earnings, it becomes legal.

Therefore, the correct answer is as given above

learn more about a taxpayer: brainly.com/question/14582132

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2 years ago
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