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rosijanka [135]
3 years ago
5

Suppose that the required reserve ratio is 20 percent for commercial banks and there are currently no excess reserves. Then, one

bank in the bank system receives a cash deposit of $250,000 for a checking account. What is the maximum amount of money that will be created in the banking system as a result of that that deposit?
Business
1 answer:
zysi [14]3 years ago
4 0

Answer:

The amount of money created will be $1,250,000

Explanation:

In order to find the maximum amount of money that will be created in the banking system as a result of a deposit, we need to find the money multiplier.

Multiplier = 1/reserve ration = 1/0.2 = 5

The amount of money created = Multiplier *Initial deposit

Amount of money created = 5* 250,000

= 1,250,000

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________ is the stage of the new-product process that involves exposing actual products to prospective consumers under realistic
Dmitriy789 [7]

Answer:

Market testing

Explanation:

Market testing is the stage of the new-product process that involves exposing actual products to prospective consumers under realistic purchase conditions to see if they will buy.

This is done in order to prepare the product according to the market it is being launched in. It helps the product developers to get rid of any loopholes that might hinder the success of the product in a specific market.

8 0
3 years ago
George's manager has given him the following goal: "Profits should be increased in the coming year in order for employees to rec
Shtirlitz [24]

Answer:

The options for this question are the following:

a. Specific and measurable

b. Cover key result areas

c. Linked to rewards

d. Defined time period

e. Challenging but realistic

The correct answer is a. Specific and measurable .

Explanation:

Without smart goals, there is no success. SMART objectives encourage focus and action. They are a way of contributing structure and measurability to your goals and objectives. If you want to succeed in sports, you must set SMART objectives: specific, measurable, attainable, relevant and temporary. Let's see each one of them and talk about what it really means to set SMART goals:

S - Specific

The less clear your goal is, the less likely it is that you can achieve it. Try to be as specific as possible by asking yourself questions like: What do I really want to achieve? When do I want to get it? Where? How? Including figures in your goal is also a good way to make it more specific. For example: I want to perform 10 Strict Pullups in 15 weeks. Or, my goal is to improve my Aphrodite time by 2 minutes in the next 3 months.

M - Measurable

Measurable is related to the criteria on which you base your achievement, is to have concrete evidence that you have achieved it. How will it make you feel? What are you going to see? Dividing your goal into measurable steps makes it clearer and easier to achieve the desired result.

7 0
2 years ago
Flowchart of Accounts Related to Service and Processing Departments
MakcuM [25]

Answer:

Main route:

Smelting --> Rolling --> Converting --> Sheared Sheet

Secondary route     -->

Smelting --> Rolling -->  rolled sheet

1) Smelting trasnferred materials into Rolling

2) It will be part of that department work in process inventory

"WIP SConverting debit then factorty overhead credit"

Later it will be transferred out as a complete process therefore,

Finished good Inventory - Shared sheet

3) the Smelting department transfer the entire of his output into Rolling department

4) the finished good will become cost of good solg once they are sold.

·

Explanation:

We have to read he description of how the processing system works and check to whichdeparmtent are the goods being transferred or sold.

7 0
2 years ago
The Magnet Recognition Program for health care organizations is based on fourteen forces of magnetism related to five magnet mod
murzikaleks [220]

Answer: Personnel policies and programs

Explanation:

 The personnel policies and the program is refers to the force of magnetism which is used to assess for reviewing the structural empowerment in an organization.

 The personnel policies and the programs basically provide an innovation environment where the staff in an organization are empowerment and develop their empirical qualities which include the improvement, knowledge and the innovation.

 According to the given question, the personnel policies and the programs are the structural empowerment of an organization that demonstrating the innovations in the health care organization.

 Therefore, Personnel policies and programs  is the correct answer.

4 0
3 years ago
A company sold equipment for $100,000; the equipment had cost $300,000 and had accumulated depreciation of $180,000. The company
antiseptic1488 [7]

Answer:

Debit to loss on sale of equipment of $20,000

Explanation:

Data provided in the question:

Selling cost of the equipment = $100,000

Cost of the equipment = $300,000

Accumulated depreciation of the equipment = $180,000

Now,

The book value of the equipment

= Cost of the equipment - Accumulated depreciation

= $300,000 - $180,000

= $120,000

Therefore,

Proceeds for selling

= Selling cost of the equipment - Book value of the equipment

= $100,000 - $120,000

= - $20,000

Here, the negative sign depicts a loss

Hence,

The company’s journal entry to record the sale of the equipment would include a Debit to loss on sale of equipment of $20,000

7 0
3 years ago
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