If the bank is now in a position to extend additional loans of $8,000. The legal reserve requirement is: 20 percent.
<h3>Legal reserve requirement</h3>
Using this formula
Legal reserve requirement=( Demand deposit -Additional loans/Demand deposit
Let plug in the formula
legal reserve requirement=($10,000-$8,000)/$10,000
Legal reserve requirement=$2,000/$10,000×100
legal reserve requirement=20%
Therefore the legal reserve requirement is: 20 percent.
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The tax consequence of the distribution sent to this employee is that the Distribution is subject to federal income tax withholding.
Answer:
The correct answer is C) A variable ratio reinforcement schedule
.
Explanation:
In this case, Neil must use an effort program of variable reason, considering that if he wants to create an operant behavior in a subject, he can administer the reinforcing stimulus only when the subject performs a certain number of times the behavior in question, for example every three times ; In this case, there is a fixed ratio reinforcement program. If instead you prefer to administer the booster when the subject performs a variable number of behaviors (for example, sometimes every three behaviors, sometimes every two, sometimes every four), you will have a variable ratio booster program.
Answer:
Reason : To ensure constant flow of cash
Explanation:
<u>Accrual Basis of accounting</u> records transactions when they meet definition and recognition criteria of Assets, Liabilities,Equity, Expense and Incomes.
This is different from<u> cash-basis accounting</u> which records transactions at the receipt or payment of cash.
Because of <em>timing</em> difference, the cash transactions (cash basis) can happen a late than the day of recognition of the elements (accrual basis).
Hence Revenue services demand that income tax be calculated on accrual basis to ensure a constant flow of cash whenever an entity transact.
Answer:
D. All of the above
Explanation:
Stockholder equity is also known as shareholders' equity. The shareholder's equity is composed of their capital contribution plus the retained earnings. In the balance sheet, the value of shareholder equity equals assets minus liabilities.
Stockholder equity is the amount that shareholders will receive if the assets of a company are to be liquidated after liabilities have been settled. It is the shareholder interest in the company.
