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AveGali [126]
3 years ago
15

A single commercial bank must meet a 25% reserve requirement. If it initially has no excess reserves and then $2,000 in cash is

deposited in the bank, it can increase its loans by a maximum of
Business
1 answer:
Marrrta [24]3 years ago
7 0

Answer:

The bank can increase loans by a maximum of $1500.

Explanation:

There is no excess reserve.  

The reserve requirement is 25%.  

The total reserves are increased by $2,000.  

The required reserve will be 25% of $2,000.

=(25/100)*2000

=0.25*2000

=500

So, the required reserve is $500.  

The loan can be increased by

=Increase in total reserve-required reserve

=$(2000-500)

=$1,500

So, the banks can increase loans up to $1,500.

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The seller of a dry cleaning business has agreed not to open another dry cleaning business for two years within a one-mile radiu
algol [13]

Answer:

c. is valid and enforceable

Explanation:

In business,  this is called a Non-Compete Clause.

Non-Compete Clause can prevent a certain individual or organization to compete with another business , as long as both parties con sensually sign the agreement.

Typically, Non-Compete clause is required after all the parties involved have some sort of affiliation toward one another/

<u>for example:</u>

1. One party just bought the business from another party.

2. One party is an ex-members/ex-employees of another party. Making them know internal secrets of that other party.

6 0
3 years ago
Calculate the present values for the perpetuity: (1) Annual amount $20000, discount rate 8% (2) Annual amount $10000, discount r
Aleksandr [31]

Answer:

Present value calculator calculates the PV of a single amount. ... of illustration, you would rather receive $10,000 today rather than wait a year. ... This rate-of-return calculator solves for the ROR for one invested amount. ... Enter the calculated present value, the discount rate as the annual interest rate ... advertisement 2 short.

Explanation:

7 0
3 years ago
The office supplies account had a $240 debit balance on december 31, 2016. during 2017, $5,200 of office supplies are purchased.
Trava [24]
If you are looking for the adjusting entry at the end of the year, it would be:

 Office Supplies Expense 5000                Office Supplies 5000

The amount to be recorded is 5000 because:

Beginning supplies is $240

Then there is an additional supplies $5,200

So there is a total of 5,440 supplies.

But the ending inventory is $440.

Deduct the $440 from the $5440 which will give us $5,000. This is to make sure that the amount in the journal entry at the end of the year will be same with the physical count of the supplies.
4 0
3 years ago
THIS IS FOR CULINARY
enyata [817]

Answer:

D. layoffs

Explanation:

A contingency plan is an alternative plan of action in case of unexpected outcomes. It is devised and kept in place to be implemented in bad times.  A contingency plan is a sort of a  risk mitigation plan to help the business navigate through a bad situation efficiently.

A contingency plan for labor include measures that can help a business overcome tough seasons.  The business may need to layoff some employees to save on labor in times of economic downtime

3 0
3 years ago
in the integrative framework for the implementation of task redesign, the step that follows formulation of the redesign strategy
Svet_ta [14]

In the integrative framework for the implementation of task redesign, the step that follows formulation of the redesign strategy is  e. implementation of the task changes.

<h3>What is the integrative framework?</h3>

A integrative framework can be described as the means of negotiation decision making to conceptualize the actions,as well as contingencies of all possible outcomes, options and scenarios.

It should be noted that this applied integrative negotiations can be seen as one that is with the intention of incorporating the goals and aims of all the negotiating parties to create maximum value .

Therefore, option E is correct.

Learn more about implementation at:

brainly.com/question/29439008

#SPJ1

8 0
1 year ago
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