False :))))))))))))))))))))))))))))))))))))))))))))))))
Answer:
1)
B. more reserves, thus increasing the money multiplier and increasing the money supply.
In a fractional-reserve banking system, banks create money when they make loans. The more money they have available to make loans, the more money they create.
If the Fed reduces the reserve-requirements, banks will have more reserves available to loan out, increasing the money multiplier, and thus, the money supply.
2)
A. rarely changes the reserve requirement and does not use the reserve requirement as a major monetary policy tool.
The Fed rarely uses this monetary policy tool because it is the most powerful one. Changing the reserve requirements effectively reduce or increase the money supply like no other monetary policy tool, therefore, the effects can be dramatic, and its use is a sign that all other tools have been exhausted (open-market operations, and discount window mainly).
Explanation:
Answer: 25%
Explanation:
Employee turnover rate (ETR) = number of employees leaving/Average number of employees × 100
Number of employees leaving = 50 employees leaving voluntarily + 5 terminated employees = 55 employees
Average number of employees = 100 + 120 = 220 employees
ETR = 55÷220 × 100 = 25%
Therefore the Employee turnover Rate for the accounting period was 25%
Answer:
15.26%
Explanation:
The computation of the return on equity is shown below;
We know that
Profit margin = Net income ÷Sales
So,
Net income = ($807,200 × 6.68%)
= $53,920.96
Now
Debt ratio = debt ÷ Total assets
Debt = (0.54 × $768,100)
= $414,774
We know that
Total assets = debt + equity
equity = ($768,100 - $414,774)
= $353,326
Finally
ROE = Net income ÷ equity
=$53,920.96 ÷ $353,326
=15.26%
