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tia_tia [17]
3 years ago
12

What does a fractional reserve banking system mean?

Business
2 answers:
Roman55 [17]3 years ago
3 0
Fractional reserve banking is the practice where a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities.
Damm [24]3 years ago
3 0

One that keeps only a small part of customers' deposits on hand

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A technician wants to boot from an esata external hard drive. which submenu item is used?
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<span>The first boot device option is used. In the startup of the computer, going to this menu will allow the user to select which device will be accessed first, second, and third. By doing so, the user can override the basic setting of the internal hard drive and have the system check the external drive first.</span>
6 0
2 years ago
Please think of one example of a product that you use on a regular basis for which some of the cost of production or consumption
Lelu [443]

Answer and explanation:

Externalized costs are costs that the society pays that are generated by producers and the consumers of the product. The common example is the use of petrol. If I own a car and I don't like riding bicyle for smaller distances, this means the Carbon dioxie emission caused due to me have to be born by the society. This means that the net effect would be a loss to society caused by the usage of products that are injurious to our ecosystem.

UK has targeted to achieve zero Carbon dioxide emission by 2050, which shows their commitment to social responsibility and we keep dumping things in the oceans because nobody acknowlegdes the damage caused by using plastic made products and also not recycling it. After plastic into the oceans the marine life suffers. The Carbon Dioxide emission is one of the main reasons why the glaciers are melting and many animals are dying annually. We unaware with our responsibilities to our society and love profits no matter if someone dies or get harmed by the operations of the company or using products that have greater externalized costs.

7 0
2 years ago
Read 2 more answers
A stock has annual returns of 5 percent, 21 percent, -12 percent, 7 percent, and -6 percent for the past five years. The arithme
sergij07 [2.7K]

Answer:

Arithmetic = 3%

Geometric = 2.37%

Explanation:

The arithmetic average of 'n' returns is given by:

A = \frac{\sum r_i}{n}

For five returns of 5% ,21%, -12%, 7%, and -6%:

A=\frac{0.05+0.21-0.12+0.07-0.06}{5}\\ A=0.03=3\%

The geometric average of 'n' returns is given by:

G=\sqrt[n]{(1+r_1)*(1+r_2)*...*(1+r_n)}-1

For five returns of 5% ,21%, -12%, 7%, and -6%:

G=\sqrt[5]{(1+0.05)*(1+0.21)*(1-0.12)*(1+0.07)*(1-0.06)}-1\\G=0.0237=2.37\%

8 0
3 years ago
Laura is carefully estimating the time required for each phase of a proposed system development project to see if her company ca
PilotLPTM [1.2K]
Laura is checking on schedule feasibility.
She is doing everything in order to see whether each phase will run smoothly and according to her schedule. She wants to see if her schedule is possible at all, which is why she is making a timetable to prove her hypotheses.
7 0
2 years ago
jounralize and post closing entries and complete the closing process list all debit entries before credit entries credit account
DochEvi [55]

Preparing closing entries, which involves journalizing and uploading the entries to the ledger, is the eighth phase in the accounting cycle. During closure, there are four entries. To the Income Summary account, the initial entry cancels revenue accounts.

<h3>What order should the steps for closing an account be taken in?</h3>

Following is the basic order of closing entries: Clear the balances in the revenue accounts by debiting each revenue account and crediting the income summary account. To eliminate the balances in all expenditure accounts, credit all expense, accounts and debit the revenue summary account.

A journal entry debiting all revenue accounts and crediting the income summary is used to accomplish this. The same procedure is then used to calculate expenditures. Crediting the expense accounts and debiting the income summaries closes out all expenditures.

To know more about closing entries, refer:

brainly.com/question/13469087

#SPJ4

7 0
1 year ago
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