Answer:
$12,650,000.
Explanation:
Reserves is the total amount of a bank's deposit that is not given out as loans
Reserves = Deposits - outstanding loans
Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank
Required reserves = reserve requirement x deposits
0.09 x 415 million = 37.35 million
Excess reserves is the difference between reserves and required reserves
50 million - 37.35 million = 12.65 million
Answer:
0.69
Explanation:
From the question above on December 31, 2018 a company has an assets of $29 billion and stockholders equity of $22 billion.
On December 31, 2019 the same company recorded an assets of $55billion and stockholders equity of $17billion
Inorder to calculate the debt-to-assess ratio the first step is to find the amount of liabilities
Liabilities= Assets-Stockholders equity
Assets= $55 billion
Stockholders equity= $17 billion
= $55billion-$17billion
= $38 billion
Therefore, the debt-to-assets ratio can be calculated as follows
Debt-to-assets ratio= Total liabilities/Total Assets
= $38 billion/ $55 billion
= 0.69
Hence on December 31, 3019 the debt-to-assets ratio is 0.69
Answer:
a) signing the most lucrative contract you can upon graduation
Explanation:
A best professional should be deal with a person who earned from their professional activity. It is always be in benefit of a public interest and the society at a whole
Here in the given situation, the option B, C and D denotes the best professional but option A is not a factor as you cant get the lucrative contract when you are on graduation level
Therefore the same is to be considered
Answer:
D) She volunteers to do the mundane tasks others avoid, and she does things like buying birthday cards for co-workers and organizing parties.
Explanation:
Noelle is someone that is an average performer, so she will be open to doing mundane tasks since she is not overly worried about having a star performance.
She is also some one that spends more time than she should socializing with friends in other departments.
So she would be more prone to buying birthday cards for co-workers and organizing parties.
Noelle is an average performer with good social skills so she will be one that does not prioritise performing better than others
Answer:
depreciation for 2021 is $ 18,000
book value at December 31, 2021 is $ 27,000
Explanation:
Sum of Digits Method is a depreciation method that provides for higher depreciation to be charged early in the life of an asset with a lower depreciation in later years.
Sum of digits for the framing machine is calculated as follows :
Year Sum of Digits
1 4
2 3
3 2
4 1
Total 10
<u>Depreciation for 2021 is calculated as :</u>
= 4/10× $ 45,000
= 18,000
<u>Book value at December 31, 2021 is calculated as :</u>
=Cost - Accumulated Depreciation
=$45,000 - $ 18,000
=$ 27,000
