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
Ber [7]
4 years ago
7

Evaluate the following​ statement: Banks use deposits to make consumer loans to households and commercial loans to businesses. B

anks will loan out every penny of their deposits in order to make a profit.
A. True. Any money that is left over after a bank loans money to businesses and households will be loaned to other banks.
B. True. Deposits that sit in a bank as vault cash earn no interest.
C. False. Banks must hold a fraction of their deposits as vault cash or with the Federal Reserve.
D. False. In​ reality, banks are rarely able to find borrowers for all of their deposits.
Business
1 answer:
Sav [38]4 years ago
3 0
To night it is fffffffffffffalse
You might be interested in
If you were giving an informative speech to your public speaking class about recent developments in artificial robotic intellige
slava [35]
It is with utmost importance that you take into consideration the level of education that majority of your audience has. If your topic is on artificial robotic intelligence, it would mean that you will deliver some technical jargon or discuss some complex concepts. You have to see whether the audience can follow along with your informative speech and adjust the pacing if necessary in order to convey information efficiently. 
8 0
3 years ago
At December 31, 2020, the following information was available for Concord Corporation: ending inventory $35,750, beginning inven
Evgen [1.6K]

Answer:

a. Inventory Turnover = 5.299 times or 5.30 times

b. Days in Inventory = 69 days

Explanation:

a)

To calculate the inventory turnover, we first need to find out the avergae inventory. The average inventory is calculated by adding the opening and the closing inventory and dividing the sum by 2.

  • Average Inventory = (35750 + 63500) / 2 = $49625

The inventory turnover is,

  • Inventory Turnover = Cost of Sales / Average Inventory
  • Inventory Turnover = 263000 / 49625 = 5.299 times or 5.3 times

b)

Days in inventory is the period for which, on average, the inventory is kept and sold completely.

We can calculate days in inventory simply by dividing the number of days for which we are calculating the ratio for, say in this case one years or 365 days by the inventory turnover ratio we calculated.

Days in inventory = 365 / 5.30 = 68.8679 or 69 days

4 0
3 years ago
A rise in the foreign interest rate will Group of answer choices
Margaret [11]

Answer:

raise the value of foreign‑currency put options and lower the value of foreign‑currency call options

Explanation:

Options are the ability of an investor to buy or sell an asset. A call option is the choice to buy an asset at a particular price on or before a particular date.

A put option is the choice to sell an asset on or before a particular date.

As foreign interest rate increases and exchange rate is constant, the value of the foreign currency decreases therefore resulting in a decrease in value of call options.

This also results in an increase in value of put options

4 0
3 years ago
How do exports and imports affect a nation's economy?
matrenka [14]
We import goods from other countries when they are harder to make in ours, we export goods to other countries when the goods are harder to make or obtain in theirs. if a nation exports more than it imports, a surplus is created. When a country imports goods more than it exports, it creates a trade deficit. A trade deficit in a nation causes it to have to borrow from other countries in order to pay for the imports. On the other hand, a surplus is much healthier for the economy light of the fact that it boosts economic output.
6 0
4 years ago
QUESTION 2
postnew [5]

The CORRECT answer is D - Be submitted online or by mail

5 0
3 years ago
Other questions:
  • What is the benefit of online banking?
    6·2 answers
  • A company is planning to purchase a machine that will cost $29,400 with a six-year life and no salvage value. The company uses s
    9·1 answer
  • How many inches are there in a football field (100 yards)? 1 yard = 3 feet; 1 foot = 12 inches
    7·1 answer
  • A consumer's decision to produce a service for himself or herself or contract externally for the service depends on a variety of
    11·1 answer
  • Cardwire Inc. has decided to lower the price of all its products to keep up with its competitors. To achieve this, the company n
    15·1 answer
  • A noncancelable lease contains an option to purchase a leased asset at a price that is sufficiently lower than the asset's expec
    12·1 answer
  • FREEEEEEEEEEEEEE brainliest!!
    9·1 answer
  • Shale, a C corporation, made two liquidating distributions of $1,000 on January 9, 2020, and February 13, 2020, to shareholder P
    14·1 answer
  • You get a 15% discount if you buy a new range listing at $924.95 and a new freezer listing at $12,695.95 on the same bill. What
    11·1 answer
  • he process through which labor and management negotiate conditions of employment for union-represented workers is referred to as
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!