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sesenic [268]
3 years ago
10

Suppose that the central bank has increased the money supply such that there is an additional $ 868981 in excess reserves. If th

e reserve ratio is 11 percent, what is the maximum increase in money supply? Round your answer to the nearest dollar. $
Business
1 answer:
Olin [163]3 years ago
3 0

Answer:

$7,899,827

Explanation:

The computation of the maximum increase in money supply is shown below:

Data given in the question

Additional value in excess reserves = $868,981

Reserve ratio = 11%

By considering the above information, the maximum increase in money supply is

= Additional value in excess reserves × 100 ÷ reserve ratio

= $868,981 × 100 ÷ 11

= $868,981 × 9.09

= $7,899,827

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Identify the start and end events and the activities in the following narrative, and then draw the business process model using
Ganezh [65]

Please find the graph file in the attachment and find its complete solution.

  • A cup of coffee and drinking at Star Bucks is the process selected here, the customer, the cashier, and the barista are the actors in this scenario.
  • This process begins if the client enters the barista and commands ventilated<em><u> coffee and Blueberry muffins</u></em>.
  • The barista then registered in the cash register the order, the customer then drove to the window, filled the barista with a cafe called Venti cup of coffee, put the lid in it, and took the blue bear muffin out of the pastry, and put it in a bag.
  • Barista gave the customer the bag with coffee and pastry, in this, the customer had the option of paying the gift by <u><em>cash, credit, or star bucks.</em></u>
  • The<em><u> gift card payment customer</u></em> with the <u><em>barista registered</em></u> the payout and sent the card to a customer together with receiving it.

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7 0
3 years ago
Sayon Co. issues 200,000 shares of $5 par value common stock to acquire Trask Co. in an acquisitionbusinesscombination. The mark
enot [183]

Answer:

option (c) $1,365,000

Explanation:

Given;

Number of shares issued = 200,000

Par value of the common stock = $5

Market value of the common stocks= $12

Legal and consulting fees = $110,000

Registration and issuance costs for the common stock = $35,000

Now,

The par value of the stocks

= Number of shares issued × Par value of the stocks

on substituting the respective values, we have

= 200,000 × $5

= $1,000,000

and, the Market value of the stocks

= Number of shares issued × Market value of the stocks

on substituting the respective values, we have

= 200,000 × $12

= $2,400,000

Therefore,

the net additional paid in cash

= Market value of the stocks - par value of the stocks - Registration and issuance costs

on substituting the respective values, we have

= $2,400,000 - $1,000,000 - $35,000

= $1,365,000

The legal and the consulting fees is not included above because they are paid in cash.

Hence, the correct answer is option (c) $1,365,000

5 0
3 years ago
If $800 is borrowed at 8% interest, find the amounts due at the end of 4 years if the interest is compounded as follows. (Round
Alisiya [41]

Answer:

(i) $133.12

(ii) $297.6

(iii) $300.8

(iv) $301.6

Explanation:

From the compounding formula;

Future value = Present value (1+\frac{r}{m}) ^{mn}

where r is the rate, m is the number of payment per year, and n is the number of years.

Interest = future value - present value

Given that present value = $800, r = 8%, n = 4 years.

(i) annually,

m = 1, so that;

Future value = 800(1.08)^{4}

                     = $933.12

Interest = $933.12 - $800

             = $133.12

(ii) quarterly,

m = 3, so that;

Future value = 800(1+\frac{0.08}{3}) ^{(4x3)}

                      = 800(1.372)

                      = $1097.6

Interest = $1097.6 - $800

             = $297.6

(iii) monthly,

m = 12, so that;

Future value = 800(1+\frac{0.08}{12}) ^{(4x12)}

                     = 800(1.376)

                     = $1100.8

Interest = $1100.8 - $800

             = $300.8

(iv) weekly,

m = 54, so that;

Future value = 800(1+\frac{0.08}{54}) ^{(4x54)}

                     = 800(1.377)

                     = $1101.6

Interest = $1101.6 - $800

             = $301.6

4 0
3 years ago
2. Grocers Absorb Rise in Food Prices to Keep Customers From Straying Dec. 17, 2017 7:00 a.m.
ryzh [129]
Oaowowkwjsjsjma wskmw
8 0
2 years ago
Bud exchanges land with an adjusted basis of $ 22,000 and a fair market value of $ 30,000 for another parcel of land with a fair
erastovalidia [21]

Given :

Bud exchanges land with an adjusted basis of $ 22,000 and a fair market value of $ 30,000 for another parcel of land with a fair market value of $ 28,000 and $2,000 cash.

To Find :

What is Bud's recognized gain or loss.

Solution :

This is a transaction of like kind exchange.

So, gain or loss to be recognized is :

= ( 28000+2000) - 28000\\\\=\$ 2000

Therefore, option B) is correct.

6 0
3 years ago
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