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IceJOKER [234]
4 years ago
13

Fiona deposits $2,000 into a savings account. If the Fed requires a 20 percent reserve ratio, how much of Fiona’s money can the

bank lend?
Business
2 answers:
tatyana61 [14]4 years ago
6 0

Answer:

$1600

Explanation:

Deposit : $2000

Reserve ratio : 20%

Reserve amount : $400

Amount that can be lent : $1600

Reserve ratio is a central bank requirement  that a bank must retain a certain proportion of savings  in its reserve and not lent out or invest.This is necessary so that bank can always have the fund to meet sudden demand for withdrawals that might come up .It is also a way of managing excessive flow of money in circulation and guard against inflation.

irinina [24]4 years ago
3 0
It would be 1600 because the 20 percent keeps the bank from loaning the rest
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Destiny and Enzo engage in a business transaction. When a dispute arises, Destiny initiates a lawsuit against Enzo by filing a c
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Answer:

The answer is: A) ​Destiny did not state a claim for which relief can be granted.

Explanation:

A motion to dismiss is a request made by a party involved a court case (usually the defendant) that seeks to make the court dismiss the case. It can be filed on a variety of grounds based on legal deficiencies. One of the common grounds for filing a motion to dismiss is:

  • Failure to State a Claim for Which Relief Can Be Granted: A plaintiff must comply with several requirements in order to file a complaint, including a valid cause of action. A motion to dismiss may be granted if the plaintiff fails to adequately allege all of the elements of the claim or if the complaint fails to allege a measurable injury.
4 0
3 years ago
Lemony lemonade has​ 3,200 gallons of lemonade in wip​ inventory, with​ 76% of materials already added. The lemonade is​ 50% thr
rosijanka [135]

Based on the process that Lemony Lemonade uses to make lemonade, the equivalent units for conversion​ costs is 1,600 units.

<h3>What equivalent units are for conversion costs?</h3>

This can be found as:

= Number of units that are WIP x Percentage of completion

Solving gives:

= 3,200 x 50%

= 1,600 units

Find out more on equivalent units at brainly.com/question/16259709

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4 0
2 years ago
You should FOLLOW UP on items that: ______________, _________________, ________________.
solniwko [45]
Are not worth spending on, are edible, and can be smashed in someones face.
5 0
3 years ago
Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of b
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Answer:

$27,900

Explanation:

The computation of adjusted cash balance is shown below:-

Adjusted cash balance = Balance at May 31 - bank service fees - NSF check

= $28,525 - $25 - $600

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Therefore for computing the adjusted cash balance we simply deduct the bank service fee and NSF check from balance at may 31

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3 years ago
On January 15, 2021, Concord Company received a two-month, 6%, $8300 note from William Pentel for the settlement of his open acc
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$10500.

What is credit and debit?

Events known as business transactions have a financial influence on an organization's financial statements. We enter the figures in two accounts, with the debit column on the left and the credit column on the right, to account for these transactions.

<u>Debit</u>

An accounting debit is an addition to an asset or cost account or a subtraction from a liability or equity account. In an accounting entry, it is placed to the left.

<u>Credit</u>

A credit is an accounting item that either raises or lowers an asset or cost account. It can also increase or decrease a liability or equity account. In an accounting entry, it is placed to the right.

Learn more about credit and debit with the help of given link:-

brainly.com/question/27917616

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2 years ago
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