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
blondinia [14]
3 years ago
7

If a bank that desires to hold no excess reserves and has just enough reserves to meet the required reserve ratio of 10 percent

receives a deposit of $400 it has a a. $400 increase in excess reserves and no increase in required reserves. b. $400 increase in required reserves and no increase in excess reserves. c. $360 increase in excess reserves and a $40 increase in required reserves. d. $40 increase in excess reserves and a $360 increase in required reserves.
Business
1 answer:
Misha Larkins [42]3 years ago
4 0

Answer:

 c. $360 increase in excess reserves and a $40 increase in required reserves

Explanation:

Required reserves is the amount of reserves that is required by the Central bank that banks should keep.

Required reserve = reserve ratio × deposit

= 0.1 × $400 = $40

Excess reserve is the amount of reserves kept in excess of the required reserves.

Excess reserve = Deposit - Required reserve = $400 - $40 = $360

I hope my answer helps you

You might be interested in
The "too big to fail" policy of the Fed, whereby some banks are bailed out if they are in danger of failing because they are too
Jlenok [28]

Answer:

c.Moral hazard

Explanation:

Moral hazard can occur when banks take on excessive risk more than they would normally take on because they know they would be bailed out if they fail.

I hope my answer helps you

5 0
4 years ago
Married taxpayers Otto and Ruth are both self-employed and file a joint return. Otto earns $352,000 of self-employment income an
butalik [34]

Answer:

$795.5

Explanation:

To calculate how much 0.9% income they have to pay, the law says anybody that earns above 250000 as married couple is entitled to pay above 0.9%, so for them we will subtract the 250000 from it and also Ruth loss of 13,500

So we have;

(3520000-13500-250000)*0.9%=

$796.5

5 0
3 years ago
Classify the type of data analytics ​(descriptive, diagnostic,​ predictive, prescriptive, or adaptive and​ autonomous) being use
olga2289 [7]

Based on the definitions of these data analytic types, the following are true:

  • a. Descriptive analysis
  • b. Descriptive analysis
  • c. Prescriptive analysis
  • d. Diagnostic analysis
  • e. Predictive analysis
  • f. Diagnostic Analysis
  • g. Adaptive and Autonomous analysis

Descriptive analysis works by showing an overview of the current situation in the company and so would work well for McGowan Company and Zerrot Corporation.

Prescriptive analysis offers solutions to help a company achieve a goal and so is best to describe Wheelson Company.

Diagnostic analysis allows for a company to find out what the real problem is in a situation so describes Courtyard Freight and Johnson Stores.

Predictive is used to predict future scenarios and so describes Medavoy Operations forecasting.

Adaptive and Autonomous use machine learning and artificial intelligence so this describes Michelson Corporation.

In conclusion, there are different types of data analytics that can be used.

Find out more about data analysis at brainly.com/question/25782746.

6 0
2 years ago
Although departmentalization may be determined within an organization on the basis of one criterion, such as location, most orga
irina [24]

Answer:

More than one basis for departmentalization

Explanation:

Although departmentalization may be determined within an organization on the basis of one criterion, such as location, most organizations find more than one basis for departmentalization to be a more efficient means of conducting business where the main logic and philosophy is to group various activities. There are many forms and basis of departmentalization which could be either functional departmentalization, customer departmentalization, product departmentalization or location departmentalization. It works quite well and efficient when organization uses more than one basis for departmentalization.

4 0
4 years ago
At December 31, Meyer Company had 500,000 shares of common stock issued and outstanding, 400,000 of which had been issued and ou
kicyunya [14]

Answer:

$1.2

Explanation:

The computation of earning per common share is shown below:

Earning per share = (Net income) ÷ (Number of shares)

where,

Net income = $510,000

And, the number of shares = $400,000 + $100,000 × (3 months ÷ 12 months)

= $400,000 + $25,000

= $425,000

The 3 months is calculated from October 1 to December 31

Now put these values to the above formula  

So, the value would equal to

= $510,000 ÷ $425,000

= $1.2

6 0
3 years ago
Other questions:
  • At which step is a solution implemented in the decision-making process of solving a workplace problem?
    7·2 answers
  • Assume that the United States has a comparative advantage in aircraft manufacture and India has a comparative advantage in produ
    11·1 answer
  • which of the following typically results from the introduction of the assembly line into the production process? A.efficiency is
    6·2 answers
  • The T-bill rate is 4% and the market risk premium is 6%. Using CAPM, find the expected rate of return for a stock whose beta is
    15·1 answer
  • Which of the following price indices is designed to measure changes in the prices of goods and services purchased by a typical i
    12·1 answer
  • Tracy is thinking of marketing a new energy drink. Her target market will be parents of young children who need an energy boost
    13·1 answer
  • Which of the following is a characteristic protected by anti-discrimination laws?
    10·2 answers
  • An office building and its equipment are insured to $7,100,000. The present annual insurance premium is $0.85 per $100 of covera
    12·1 answer
  • A single person earns a gross biweekly salary of $780 and claims 6 exemptions. how does their net pay change due to the federal
    10·1 answer
  • A bill's supporters in the house of representatives generally prefer ________ while opponents generally prefer ________.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!