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3 years ago

under a fractional reserve banking system the amount of money loaned out can only increase if what happens

Business

1 answer:

Bogdan [553]3 years ago

3 0

Answer:

The Required Reserve Ratio Is Lowered

hope it helps:)

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Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl

mr_godi [17]

A great reason to revise her monthly budget is that Christine can adjust her planning to meet her specific goals. While sticking to long term goals may be a good idea for some, if that is not possible adjusting your budget is a good way to keep track of income and expenses and to make sure that you do not spend more than you should.

4 0

3 years ago

Read 2 more answers

A company sells goods for $150,000 that cost $54,000 to manufacture. Which statement is true? a. The company will recognize sale

kirza4 [7]

Answer:

The correct answer is C

Explanation:

Finished goods are those goods which have been finished or completed through the process of the manufacturing or purchased or bought in the completed form, but not sold yet to the customers.

The finished goods cost or expense is considered to be a asset which is short term in nature, which is expected to be sold in less than a year or period.

So, when the company sold the goods that worth $54,000 to the manufacture for $150,000, this will lead to decrease in the finished goods of the company which worth $54,000.

7 0

3 years ago

Bryce Co. sales are $801,000, variable costs are $465,100, and operating income is $287,000. What is the contribution margin rat

KATRIN_1 [288]

Answer:

Contribution margin ratio= 0.42

Explanation:

Giving the following information:

Bryce Co. sales are $801,000

Variable costs are $465,100

Operating income is $287,000.

To calculate the contribution margin ratio, we need to use the following formula:

contribution margin ratio= (sales - variable cost) / sales

contribution margin ratio= (801,000 - 465,100) / 801,000

contribution margin ratio= 0.42

8 0

3 years ago

Job specifications can be defined as: a. planned sequences of jobs through which employees may advance within an organization. b

Alona [7]

Answer:

Option d would be the correct approach.

Explanation:

The organized database of the important tasks required in carrying out a task that has been extrapolated from such a job description and used in job classification and assessment and personnel policies as well as positioning.
This usually includes tasks, intent, obligations, nature including employment conditions of a position including the description of the position, as well as the identity or description of the individual the input data to.

Many examples do not apply to the subject being discussed. So option d is indeed the right one.

4 0

3 years ago

Businesses can be classified into the following forms: sole proprietorship, partnership, corporation, limited liability company

algol [13]

Answer:

b) Income is allocated on a pro rata basis

Explanation:

A partnership is an agreement between two or more people to oversee a business and share in the profit and losses made by the business.

In a partnership when income comes in it is shared.on a pro rata basis.

This means income is given based on the level of ownership of the business.

For example a partner that has 60% ownership of the partnership is expected to collect 60% of the business income.

Pro rata is also called proportional rate.

8 0

3 years ago