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Hatshy [7]
4 years ago
6

A bank reports reserves of $500,000, physical capital of $200,000, loans of $1,000,000, deposits of $1,000,000, and owners' equi

ty of $500,000. If the desired reserve ratio is 5 percent, the bank's desired reserves are ____________.
Business
1 answer:
oee [108]4 years ago
5 0

Answer:

$50,000

Explanation:

Data provided in the question:

Reserves reported by the bank = $500,000

Physical capital = $200,000

Loans reported = $1,000,000

Reported deposits =  $1,000,000

Owners' equity of $500,000

Desired reserve ratio = 5 percent

Now,

Desired reserve is calculated as:

Desired reserve = Deposits × Desired reserve ratio

on substituting the values, we get

Bank's Desired reserve = $1,000,000 × 5%

or

Bank's Desired reserve = $1,000,000 × 0.05

or

Bank's Desired reserve = $50,000

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Residual Claims Haung. Inc; is obligated to pay its creditors $10,700 very soon.1. What is the market value of the shareholders
frosja888 [35]

Answer and Explanation:

The computation of the shareholder equity for each case is shown below:

a. For case one

As we know that

Total assets = Total liabilities + stockholder equity

$9,900 = $10,700 + stockholder equity

So, the stockholder equity is

= $10,700 - $9,900

= $800

b. For case two

Total assets = Total liabilities + stockholder equity

$9,990 = $10,700 + stockholder equity

So, the stockholder equity is

= $10,700 - $9,990

= $710

8 0
4 years ago
Turkey Corp. provides services to customers on account for $3,000. Recording this transaction will include a __________.
Luden [163]

Answer:

e) Credit to Revenue

Explanation:

The services provided to customers will be an increase of revenue and an increase in revenues is a credit transaction.

Since the question does not mention that the services were billed therefore the accounts receivable will not be increased till it is billed and thus option a) is not applicable.

The other options are not relevant since there is no cash collection involved, and no liabilities involved.

8 0
3 years ago
Cullumber Company incurred research and development costs of $101000 and legal fees of $41000 to acquire a patent. The patent ha
MArishka [77]

Answer:

$14,200

Explanation:

<em>Step 1 Determine the Cost of the Patent </em>

Research and Development costs        $101000

<em>Add</em> legal fees                                         $41000

Total                                                         $142,000

<em>Step 2 Determine Amortization Expense </em>

Amortization Expense = Cost/ Useful life

                                     = $142,000/10 years

                                     = $14,200

4 0
3 years ago
Jim was asked to determine the impressions for an ad campaign. he will determine?
OLEGan [10]

He will determine the number of times the ad appeared in front of the user.

<h3>What is Advertising campaign?</h3>

A marketing communication that is integrated is made up of a number of advertisement messages that are all based on the same idea and theme. An IMC is a platform where a group of people may amalgamate their views, ideas, and ideologies into a sizable media base.

An advertisement campaign is a series of marketing messages intended for a certain audience. Conversion rate optimization is their key objective. The channel, plan, and tactics that are chosen all affect how well an advertising campaign performs. They enhance brand recognition, increase ROI, raise sales, and enhance company image. Because they linger in clients' thoughts and persuade them to purchase products from specific companies, these ads are successful.

Marketing efforts can help you find new consumers and raise brand awareness. They also help you establish a reputation, engage customers, and tell your target market about your most recent goods and services. They are essential to any firm, in other words.

Hence,  he will determine the number of times the ad appeared in front of the user.

To learn more about Advertising campaign refer to:

brainly.com/question/11698706

#SPJ4

The complete question is,

Jim was asked to determine the impressions for an ad campaign. He will determine

How often the audience was exposed to the communication.

The percentage of the target population exposed to the communication.

The number of times the ad appeared in front of the user.

How useful the ad message is to the consumer.

The advertising cost and the total communications expenditures.

6 0
2 years ago
Specific adaptations are usually required when a buyer chooses ________, which is a contract with an external firm to produce go
Whitepunk [10]
<span>Specific adaptations are usually required when a buyer chooses outsourcing, which is a contract with an external firm to produce goods or services rather than the buyer producing them internally. gatekeeping resident buying competitive bidding outsourcing auctioning</span>
4 0
3 years ago
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