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antiseptic1488 [7]
4 years ago
14

The Fed changes reserve requirements from 10 percent to 14 percent, thereby eliminating $750 million in excess reserves. The tot

al change in deposits (with no drains) would be (rounded):______
a. $3,000 million.
b. $15,625 million.
c. $12,857 million.
d. $3,795 million.
e. None of the options.
Business
1 answer:
MakcuM [25]4 years ago
5 0

Answer:

The answer is e. None of the options.

Explanation:

(1/0.14) × $750 million= $5357 million

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Answer:

                                Ayayai Corporation

                            Statement of Cash Flows

                 For the Year Ended December 31, 202x

Cash flows from operating activities:

Net income                                                                         $50,700

Adjustments to reconcile net income:

  • Depreciation expense $17,900
  • Increase in accounts payable $13,600
  • Increase in accounts receivable ($12,000)
  • Increase in AFS securities ($17,100)
  • <u>Increase in inventory ($7,200)                                  ($4,800)</u>

Net cash flow provided by operating activities                $45,900

Notes payable are part of the financing activities of the company, they are not part of the operating activities. So any change in the value of notes payable must be included in the cash flows from financing activities.

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3 years ago
IDENTIFY THREE THINGS A DEED OF PARTNERSHIP CONTAINS
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Answer:

Name of the firm as determined by all the partners.

Name and details of all the partners of the firm.

The date on which business commenced.

Explanation:

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2 years ago
Attending an impromptu sales meeting at the office is an example of a _____.
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The answer is Locational sensitive task.
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Leila is giving a speech about a new café that recently opened near her college campus. Her audience consists of her fellow clas
Hitman42 [59]

Answer: Discussing about the services and inexpensive items in the menu.

Explanation: In the given case, Leila's target customers are the students in college campus. The college students do not have a lot of money to spend. Therefore, she should inform the audience about the inexpensive items in the menu that they can purchase.

She can also persuade them by telling them the services provided by cafe. The nearness of the cafe from the campus could save time of the students, thus it could be a good point to attract the students.

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Joseph wants to take out a large loan. He has always paid his bills on time and has a fantastic credit score. He has been with h
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Joseph is probably denied credit due to his bad character, which is an essential element of the Three C's of Credit.

<h3>What are the Three C's of Credit?</h3>

To determine the credibility of a person for grant of a loan or an advance, a lender takes into consideration the Three C's of credit, which are as follows,

  1. Character
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Collaterals or Capital help in determination of security of lender from borrower, in case when the borrower is unable to repay the credit. Capacity determines the ability to repay the credit.

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Learn more about the Three C's of Credit here:

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