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azamat
3 years ago
7

If the required reserve ratio is 2.50 percent, what is the monetary multiplier? if the monetary multiplier is 5, what is the req

uired reserve ratio? percent
Business
1 answer:
ludmilkaskok [199]3 years ago
8 0

If the required reserve ratio is 2.50 percent, the monetary multiplier is 40.

The money multiplier gives us the ratio of deposits to reserves (i.e. 1/R). That means, if the reserve ratio is 2.50% (i.e. 0.025), the money multiplier is 40 (i.e. 1/0.025). Thus, an initial deposit of USD 1,000 will end up creating a total of USD 40,000 in new money.

If the monetary multiplier is 5, the required reserve ratio is 20%.

Playing with the original multiplier formula, we can derive that R=1/m (m is money multiplier). If the money multiplier is 5, then the reserve ratio is 20% (i.e. 1/5 or 0.20).

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Addie, Brady and Carson form Capital City Partnership. The Partnership Agreement provides profits and losses are divided equally
irinina [24]

Answer:

Brady will receive $850,000

Carson will receive $250,000

Addie will receive $100,000

Creditors will receive $300,000  

Explanation:

The partnership is being dissolved and $1,500,000 will be distributed as follows:

$300,000 to pay debts to creditors

$450,000 to pay for Brady's loan

$300,000 for Brady's initial contribution

<u>$150,000 for Carson's initial contribution</u>

$300,000 are left to be divided equally between the three partners:

  • Brady will receive: $450,000 + $300,000 + $100,000 = $850,000
  • Carson will receive: $150,000 + $100,000 = $250,000
  • Addie will receive $100,000

3 0
3 years ago
Your friend wants to open a clothing shop. A necessary capital resource is a (5 points)
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A place to open the shop because a capital resource is a good that is used to make other goods. 
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3 years ago
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You are not required to wear a helmet while operating a motorcycle if you can show proof that you are covered by an insurance po
faust18 [17]
You are not required to wear a helmet while operating a motorcycle if you can show proof that you are covered by an insurance policy that provides at least C)$10,000 in medical benefits.

This situation related to the financial responsibility of the motorcycle driver to cover the accident. This situation regulated with a regulation called the Financial Responsibility Law.
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Johnson &amp; Johnson has a reputation for being a company with high levels of corporate social responsibility to all of its sta
Lera25 [3.4K]

1. Organizations have the knowledge and resources to do good in the community, so they are responsible for helping others.

Explanation:

<u>Companies that exist for the sake of making profits are prone to do it at the expense of other social and economic structures</u>. Thus, social responsibility is an important part of running a big firm with massive resources that can be put to this use.

Companies have think tanks, monitory and administrative advantages to do Social work that many organisations simply can't and if they do it,<u> it produces greater trust among the public and clientele too, along with a loyal worker base too.</u>

3 0
3 years ago
Zahn Industries uses process costing system. During October, the finishing department had 30,000 units in beginning work-in-proc
disa [49]

Answer:

The equivalent units of production for materials and conversion costs are 98,000 units each

Explanation:

For computing the equivalent units of production for materials and conversion costs first, we have to compute the units started and completed units which is shown below:

= Beginning work-in-process inventory units + transferred units -  ending work-in-process inventory units

= 30,000 units + 95,000 units - 45,000 units

= 80,000 units

Now the equivalent units of production would be

For material costs:

= (Units started and  completed units × completed percentage) + (ending inventory units × completed percentage)

=  (80,000 units × 100%)  + (45,000 units × 40%)

= 80,000 units + 18,000 units

= 98,000 units

For conversion costs:

= (Units started and  completed units × completed percentage) + (ending inventory units × completed percentage)

=  (80,000 units × 100%)  + (45,000 units × 40%)

= 80,000 units + 18,000 units

= 98,000 units

5 0
3 years ago
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