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Elina [12.6K]
3 years ago
14

A higher required reserve ratio​ _________ the value of the simple deposit multiplier.

Business
1 answer:
Sergio [31]3 years ago
3 0
The answer to this question is decreases
<span>required reserve ratio refers to a certain amount of depositors' money that the banks need to have available on their hand.
</span><span>simple deposit multiplier. refers to the amount of money  that the bank does not hold as excess reserve.
When the amount of cash that need to be held is lower, the amount of excess will also tend to be lower</span>
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The term goal congruence refers to the? ________.
andreyandreev [35.5K]
Goal congruence is characterized as consistency or assertion of individual objectives with organization objectives. Everybody in the association should be paddling a similar way. That procedure gets extreme when you begin to set up assessment criteria for workers. 
The control system ought to be planned in order to coordinate the individual objectives with authoritative objectives, and in this manner accomplish goal congruence. The answer is B. 
4 0
3 years ago
Concord Corporation reported the following information for 2016: October November December Budgeted sales $430000 $400000 $51000
hodyreva [135]

Answer:

a. $84,000

Explanation:

Given, credit purchases are 40% of the sales, will be collected in the following month

Credit purchase = Budgeted purchase * 40%

Credit purchase = $210,000 * 40%

Credit purchase = $84,000

So, the budgeted balance for Accounts Payable at October 31, 2016 is $84,000.

5 0
3 years ago
produces sports socks. The company has fixed expenses of $ 90 comma 000$90,000 and variable expenses of $ 0.90$0.90 per package.
antiseptic1488 [7]

Answer:

The contribution margin and the contribution ratio is $0.90 and 50% respectively.

Explanation:

The formula to compute contribution margin per package is shown below:

Contribution margin = Selling price per package - variable expense per package

= $1.80 - $0.90

= $0.90

And, the formula to compute contribution ratio is shown below:

= (Contribution per package ÷ selling price per package) × 100

= ($0.90 per package) ÷ ($1.80 per package) × 100

= 50%

8 0
3 years ago
Alternative development means​
Nataly_w [17]
Alternative development means local development

You can search on google for more explanation
This would help you
4 0
3 years ago
Cullumber Corporation had 2020 net income of $1,098,000. During 2020, Cullumber paid a dividend of $2 per share on 265,500 share
Daniel [21]

Answer:

EPS=$3

Explanation:

Net income =1,098,000

Dividend on preferred stock=2*265,500=$531,000

Outstanding shares=189,000

EPS= (Net income-preferred dividends)/Weighted Average share outstanding

EPS=($1,098,000-$531,000)/189,000

EPS=$3

7 0
3 years ago
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