Answer:
$9 billion
Explanation:
Calculation to determine what The commercial banking system has excess reserves of
Using this formula
Excess Reserve= Net Worth Reserves -Required reserve
Let plug in the formula
Excess Reserve=$51 billion - (.30*$140 billion)
Excess Reserve=$51 billion-$42 billion
Excess Reserve=$9 billion
Therefore The commercial banking system has excess reserves of $9 billion
Answer:
Allocation rate Machining= $50 per machine hour
Explanation:
Giving the following information:
Estimated Machining cost= $4,000,000
Estimated Number of machine hours= 80,000
<u>To calculate the allocation rate for the Machining department, we need to use the following formula:</u>
Allocation rate Machining= total estimated costs for the period/ total amount of allocation base
Allocation rate Machining= 4,000,000 / 80,000
Allocation rate Machining= $50 per machine hour
Answer:
The probability of you making it home for the holidays is:
= 45%.
Explanation:
a) Data and Calculations:
Probability of Scareways flights being canceled = 38%
Probability of successfully traveling with Scareways = 62% (100 - 38%)
Probability of getting a seat in Walter's car = 72%
Therefore, the probability of making it home for the holidays = the combined probabilities (either Scareways flight or Walter's car)
= 62% * 72%
= 0.62 * 0.72
= 0.4464
= 45%
Answer:
idk the answer buh it made me answer a question sorry:(((((
Explanation:
Um I think it’s number 4.
