All categories

4 years ago

Reserve requirements are regulations concerning

1 answer:

3 0

B. Reserve requirements are based on the ratio of how many deposits are put into the bank. More deposits = higher reserve requirements. Less deposits = less reserve requirements

You might be interested in

Use the data in P 13-5 for Prince Company. Assume that the stock price per share is $ 28 and that dividends in the amount of $ 3

Kamila [148]

2) Current Ratio for Year 2

Current Assets = Cash + Accounts Receivable + Inventory = 7,800 + 15,900 + 43,800 = 67,500Current Liabilities (given) = 17,900

Current Ratio = Current Assets / Current Liabilities = 67,500 / 17,900 = 3.77

3) Quick Ratio for Year 2

Quick Assets = Current Assets – Inventories – Prepaid Expenses = 67,500 – 43,800 = 23,700

Quick Ratio = Quick Assets / Current Liabilities = 23,700 / 17,900 = 1.32

4) Cash Ratio for Year 2

Cash Ratio = (Cash + marketable securities) / Current Liabilities = 7,800 / 17,900 = 0.4357 or 0.44

5) P/E Ratio for Year 2

P/E Ratio = Market Price Per Share / Earnings Per Share = $47 / 8.26 = 5.69

6) Dividend Yield Ratio for Year 2

Dividend Yield Ratio = Dividend Per Share / Market Price Per Share = 13 / 47 = 0.2766 or 27.66%

Learn more about current asset here:

brainly.com/question/24848903

#SPJ4

5 0

2 years ago

Mustang Corporation has accumulated the following accounting data for the month of April: Finished goods inventory, April 1$32,4

nataly862011 [7]

Answer:

$128,900

Explanation:

Cost of goods sold calculation

Opening Finished goods inventory $32,400

Add cost of goods manufactured $122,900

Less Closing Finished goods inventory ($26,400)

Cost of goods sold $128,900

therefore,

The cost of goods sold for the year is $128,900.

3 0

3 years ago

Indentify possible transactions

Nikitich [7]

Answer:

Hope i helped:)

Explanation:

1) All places 0

2)2 of the same numbers canceling each other for example (-400, +400) (except column 2 because it has 7 free boxes witch means 1 of the boxes have to equal to 0)

7 0

3 years ago

Jacob and Marla were both presented with a complex accounting issue that neither had seen before. Marla was able to look at the

devlian [24]

Answer: Generally, when trying to solve a complex accounting problem in which there are obstacles and little knowledge about the subject, the most advisable thing is to work from a conceptual framework which serves as a guide to find a reasonable answer to the problem in question. In this case Marla was clearly working with a conceptual framework, and instead Jacob was not.

4 0

3 years ago

PLEASE HELP I'M IN A BIG RUSH

UkoKoshka [18]

Answer:The answer is A

Explanation:The one that is not commonly contacted by Typical investors to purchase stocks or bonds are : REALTORS

The investors will approach realtors if they want to invest their equity on properties such as land, houses , or apartment

8 0

4 years ago