1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
erastova [34]
3 years ago
6

Suppose warren buffet withdraws $1 million from his checking account at chase bank. if the required reserve ratio is 20 percent

Business
1 answer:
olga nikolaevna [1]3 years ago
8 0
///// it is 5 million //////
You might be interested in
Leasing allows business owners to forecast cash flows more ________ because lease payments are ________ amounts paid over a part
Pie
Leasing allows business owners to forecast cash flows more ACCURATELY, because lease payment are FIXED amount paid over a particular time period.
Leasing involves paying a specified amount of money monthly or yearly for use of a particular landed property. Leasing fees are usually fixed in amount and this allows one to accurately calculate how much money one can expect from this source of revenue.
3 0
3 years ago
You expect KT industries (KTI) will have earnings per share of $4 this year and expect that they will pay out $1.75 of these ear
melisa1 [442]

The value of a share of KTI's stock today is closest to 9.5% , 0.004375 .

Explanation:

Investment Investment (ROI) is an investment performance metric used to evaluate or compare the success of a variety of investment operations.

In addition to the spending price, ROI aims to explicitly calculate the make value of a single project.

g = retention rate

ROI = 0.75*13% = 9.5%,

Price = 1.75/(0.10-0.0975) = 0.004375

5 0
3 years ago
Financial statement data for years ending December 31, 2019 and 2018, for Edison Company follow: 2019 2018 Sales $513,500 $480,0
madam [21]

Answer:

The answer is

For 2018 - 1.5

For 2019 - 1.3

Explanation:

Asset turnover ratio=Net sales/average total assets

For 2018:

Sales - $480,000

Beginning asset - 360,000

Ending asset -360,000

Average total asset:

($280,000 + $360,000)/2

=$320,000

Therefore, asset turnover for 2018 is:

$480,000/$320,000

=1.5

For 2019:

Sales - $513,500

Beginning asset - $360,000

Ending asset - $430,000

Average total asset:

($360,000 + $430,000)/2

=$395,000

Therefore, asset turnover for 2019 is:

$513,500/$395,000

=1.3

5 0
3 years ago
Architects consider this when designing a building.
frozen [14]
When designing a building an architect consider following things;
<span>The site or place where the building is going to be constructed, second thing he considered is engineering, another thing he considered while designing is the needs of the user and the materials which are going to be used in constructing a building.</span>
5 0
3 years ago
If your average is an 83 and you took a test and made a 80 on it what is your average then?
Ierofanga [76]
The correct answer would be 81
7 0
3 years ago
Other questions:
  • What is a criterion for adaptation when dealing with individuals, firms, or authorities in foreign countries
    5·1 answer
  • Jim recently graduated from college. His income increased dramatically;from$5000 a year to $60,000 a year. Jim decides that inst
    14·1 answer
  • Assuming that you’re recording the transactions on the first page of the journal, the page entry at the top right side of the jo
    15·1 answer
  • Which one of the following would not cause a bank to debit a depositor's account? a.Checks marked NSF b.Wiring of the depositor'
    9·1 answer
  • A client with suspected multiple myeloma is reporting back pain. What is the priority nursing action?
    6·1 answer
  • The price a property will bring when neither the buyer nor the seller is acting under duress and it has been on the market for a
    12·1 answer
  • All marketing strategies are built on​ STP, in which a company discovers different needs and groups in the​ marketplace, targets
    6·1 answer
  • Nicole’s Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased
    12·1 answer
  • In the context of business ethics,. Involves clear misconduct, unline an ethical dilemma that involves a conflict
    11·1 answer
  • What counts as a disability under title ii of the ada
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!