0.05
To find the required reserve ratio, we need to know the total deposits and the required reserves amount.
Next, we divide the required reserve amount by the total deposits.
$10,000 / $200,000 = 0.05
The 0.05 is the required reserve ratio for First Bank of Commerce.
Answer:
D. its complements.
Explanation:
A complement is a good or service used in conjuncture with another good. Therefore, if there is a decrease in the demand for a particular good, its complements will also see a decrease in demand. By the general supply and demand rule, an increase in the price of a good causes a decline in its demand and, therefore, causes a decline in demand for its complements.
Answer:
The method the parent use will have no effect on consolidated total because it is only for internal reporting purpose.
Explanation:
Paar's equipment book value—12/31/15 of $294,000
Add Kimmel's equipment book value—12/31/15 of $190,400
Add Original acquisition-date allocation to
Kimmel's equipment of ($400,000 − $272,000) = $128,000
Less Amortization of Allocation
($128,000/10 years * 3 years) = ($38,400)
<h3>
Equals Consolidated Equipment of $574,000
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The method the parent use will have no effect on consolidated total because it is only for internal reporting purpose.
Answer:
retail - cost) / retail) * 100 =
((5 - 3.5) / 5) * 100 =
(1.5/5) * 100 =
0.3 * 100 =
30% <==
Explanation:
