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icang [17]
3 years ago
10

Can someone help me figure this out?

Business
1 answer:
Snezhnost [94]3 years ago
4 0

Answer:

I can help call me 8470589364

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Suppose a bank has $600 million in deposits and $30 million in required reserves, and it is holding no excess reserves. What is
Kruka [31]

Answer:

5%

Explanation:

Deposit= $600 million

Required reserve= $30 million

Required reserve ratio= required Reserve/deposit

= 30 million/600 million

= 0.05×100

= 5%

Hence the required reserve ratio is 5%

7 0
3 years ago
PLEASE LEAVE A COMMENT EVEN IF THERE ARE TWO ANSWERS! Hi, I am picking a name for my coffee shop, I was thinking CoffeeCake beca
sveta [45]
...coffecakes thats a cute name

3 0
3 years ago
Read 2 more answers
It has been a great year at Capital Funding, Inc., an SEC-registered broker-dealer that is also registered in 22 states. The com
sergey [27]

Answer:

Option D would be the appropriate alternative.

Explanation:

  • A broker dealer would be a company or organization engaged throughout the purchase as well as the sale of securities within its multiple occasions or even on behalf of the participants.
  • Brokerage serves as an intermediary whenever it implements order information on behalf of the shareholders while acting mostly as a dealer or superintendent whenever it exchanges on one's consideration.

Other choices available aren't connected to that same scenario in the statement. So the answer here is just the perfect one.

3 0
3 years ago
Flask Company reports net sales of $4,000 million; cost of goods sold of $3,600 million; net income of $720 million; and average
denpristay [2]

Answer:

1.16

Explanation:

Given that,

Net sales = $4,000 million;

Cost of goods sold = $3,600 million;

Net income = $720 million

Average total assets = $3,450 million

Total Asset Turnover Ratio:

= Net Sales ÷ Total Average Assets

= $4,000 million ÷ $3,450 million

= 1.16

Therefore, the total asset turnover ratio of Flask Company is 1.16.

3 0
3 years ago
Which of the following approaches can help you mitigate the challenges of poor forecasts? a. Obtain and use the best, most recen
grandymaker [24]

Answer: E. All OF THE ABOVE

Explanation:Forcasting is a technical term used especially in Economy management, statistics,and in operations to predict possible outcomes especially as it concerns the future,putting into consideration prevailing circumstances.

The challenges of poor forcasting can be mitigated by all of the approach highlighted. Using the BEST,MOST RECENT INFORMATION, USING SIMPLE TECHNIQUES (this will improve accuracy and avoid complexities), BUILD FLEXIBLE OPERATIONS and MINIMIZE INVENTORY ( this will reduce the stress of handling too many things at a time).

7 0
3 years ago
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