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Nonamiya [84]
3 years ago
6

Total checkable deposits in the banking system will equal total bank reserve times the simple deposit multiplier as long as

Business
1 answer:
Dahasolnce [82]3 years ago
8 0
As long as ..there are no currency leakages and each bank holds zero excess reserves
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How are e-mailed cover letters different from paper cover letters? Why is there a difference?
Ira Lisetskai [31]

- E-mailed cover letters are made through digital computers while paper cover letters would be handwritten.  

- In general, paper cover letters would be seen as more personal that e-mail cover letter

There different situations when both type of cover letters can be used.

E-mailed cover letters are more appropriate to be used if the companies scanned your application using a software (most large companies that post their jobs on online sites usually use this)

Handwritten paper cover letters on the other hand, is more appropriate if you had some sort of personal connection with the employers.

8 0
3 years ago
Read 2 more answers
According to ______________, stock prices react instantaneously, completely and accurately to all publicly available information
Lelu [443]

Answer:

Theory of Efficient markets

Explanation:

According to this theory stock prices react instantaneously to new information

4 0
3 years ago
At the end of 2011, retained earnings for the bisk company was $3,050. revenue earned by the company in 2011 was $1,935, expense
Sliva [168]

<u>Calculation of retained earnings beginning balance:</u>


Retained earning beginning balance can be calculated using the following formula:

Retained earnings ending balance = Retained earning beginning balance + Revenue – Expenses - Dividends


Hence using the given information we can solve the equation as follows:


3,050 = Retained earning beginning balance + 1935 – 1065 - 550


3,050 = Retained earnings beginning balance +320

Retained earnings beginning balance = 3050-320 = $2,730


Hence, Retained earnings beginning balance is <u>$2,730</u>


8 0
4 years ago
Curtain Co. paid dividends of $10,000, $12,500, and $14,000 during Year 1, Year 2, and Year 3, respectively. The company had 2,1
4vir4ik [10]

Answer:

Total amound paid to shareholder in 3rd year = $1850

Explanation:

Below is the calculation:

Total dividend paid = 1st year divident  + 2nd year divident + 3rd year dividend

Total dividend paid = $10000 + 12500 + 14000

Total dividend paid = $36500

Total preferred dividend = (2100 x 100) x 5.5% x 3

Total preferred dividend = $34650

Total amount of dividend paid to shareholder during 3rd year = 36500 - 34650 = $1850

Total amound paid to shareholder in 3rd year = $1850

8 0
3 years ago
Which of the following statements ignores the concept of opportunity cost?
frez [133]
Its C. All choices involve cost
5 0
3 years ago
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