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antoniya [11.8K]
2 years ago
7

Assume that the following balance sheet portrays the state of the banking system. the banks currently have no excess reserves.

Business
1 answer:
Snowcat [4.5K]2 years ago
3 0

Answer:

20%

Explanation:

The total reserves of banks is $4 billion

Since the banks have no excess reserves then, the total amount of required reserves is $4 billion

The checkabke deposits is $20 billion

Therefore, the required reserve ratio can be calculated as follows

Required reserve ratio= $4 billion/$20 billion

= 0.20×100

= 20%

Hence the required reserve ratio is 20%

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During the first week of October, the workers at Walton's Widget Factory produced the following outputs: on Monday, 10 workers p
EleoNora [17]

Answer:

The average product of labor per day is 324

Explanation:

To find the average product of labor per day we need to know the total number of widgets produced divided by the worked days.

Average Product= total number of widgets /days

Monday, 10=250 widgets

Tuesday, 11=286 widgets

Wednesday, 13 =364 widgets

Thursday, 14 workers= 396 widgets

Friday, 12 workers=324 widgets

TOTAL WIDGETS= 250+286+364+396+324=1620

Days= 5 days

Average Product= 1620/5=324

8 0
3 years ago
The market for breakfast cereal is currently in equilibrium. Suddenly there is a storm that destroys the wheat that farmers had
lutik1710 [3]

Answer:

C

Explanation:

It will need to decrease Because the wheat is gone, so it decreases the amount of cereal made.

8 0
3 years ago
An example of a cost?​
DaniilM [7]

Answer:

a cost would be what you pay minus what you earn.

Explanation:

8 0
3 years ago
which categoryh of inventory holding costs would be much higher than average for rapidly chaning industries
Alex787 [66]

The correct option is (c) i.e, The pilferage, scrap, and obsolescence category of inventory holding costs are much higher than average for rapid-change industries such as PCs and cell phones.

<h3>What does Inventory Holding Cost mean?</h3>

Expenses associated with keeping inventory at a warehouse are known as inventory holding costs. Inventory that is kept on hand is a liability that reduces profit margins and raises operating costs for firms.

Inventory holding expenses include rent for the facility, security fees, depreciation costs, and insurance.

Businesses must take demand planning and demand sensing into account when these prices rise. These technologies can help businesses keep the right amount of stock on hand.

Therefore, The category of inventory holding costs that are depicted, based on the information provided comprises pilferage, scrap, and obsolescence.

The complete question is:

Which category of inventory holding costs has a much higher percentage than average for rapid-change industries such as PCs and cell phones?

A) housing costs

B) material handling costs

C) pilferage, scrap, and obsolescence

D) investment costs

To know more about inventory holding costs refer to: brainly.com/question/15298484

#SPJ4

6 0
2 years ago
A company has two departments and allocates all overhead costs based on department revenues. The following information applies:
mixas84 [53]

Answer:

425,000

Explanation:

I'm not sure I just added the two together?

7 0
3 years ago
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