Answer:
Explanation:
Reserve Ratio is the amount of liabilities that are held reserved by the commercial banks. The ratio indicated the amount which the bank has to hold as a reserve. Any amount in access of this ratio can be invested or held in bank reserves.
So in this question, the reserve ratio is 11%, of $132000, which is 14520 dollars. So 117480 dollars are left which can be invested to deposited in the total reserves. So A bank has $132000 in excess reserves and the required reserve ratio is 11%. This means the bank could have $14520 in checkable deposit liabilities and $117480 in total reserves.
Answer:
A.$20,200
Explanation:
The computation of the cash amount which should be reported in the balance sheet is shown below:
= August Bank statement balance + Deposits outstanding - Checks outstanding
= $22,400 + $2,300 - $4,500
= $20,200
The other amount which is given in the question is irrelevant. Hence, these items should not be considered in the computation, so they are ignored.
<span>The cell phone company is participating in strategic outsourcing. When a business uses strategic outsourcing they are outsourcing a part of their company operations to another company. By doing this, they are able to focus more on their core company goals and let another company handle the outside work of making it happen. </span>
Answer:
$ 8.9
Explanation:
Given:
Direct materials cost = $ 10.90
Direct labor = $ 14.90
Variable overhead cost = $ 3.90
Fixed overhead cost = $ 8.90
Selling price offered for the product = $ 38.60
Net incremental cost = Offered selling price - ( Direct materials cost + Direct labor + Variable overhead cost )
The fixed cost is not included because, it will be incurred whether the offer is accepted or not.
therefore,
Net incremental cost = $ 38.60 - ( $ 10.90 + $ 14.90 + $ 3.90 )
or
The net incremental cost = $ 8.9
Answer:
D. Primary
Explanation:
The newly issued securities are first sold to the investors of the primary market .
The primary market id responsible for issuing the securities for the exchange of the company , or other groups .
The primary market are run by the underwriting groups which includes the investment banks .
Hence , from the information of the question , the correct term is ( d. ) Primary market .
