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
yKpoI14uk [10]
3 years ago
8

Use the following example to answer the questions that follow: Imagine that you deposit $25,000 in currency (which you had been

storing in your closet), into your checking account at the bank. Assume that this institution has a required reserve ratio of 25%. As a result of this deposit, what is the maximum amount the bank can hold as loans?
Business
1 answer:
Anon25 [30]3 years ago
7 0

Answer:

Money available for loans is $18,750

Explanation:

The formula for calculating the total amount of money a bank can loan is:

money available for loans = (1 - required reserve ratio) x total deposits

money available for loans = (1 - 25%) x $25,000 = 75% x $25,000 = $18,750

You might be interested in
Jorge martinez hates to do performance appraisals of his subordinates because he always struggles when he has to evaluate their
frosja888 [35]

Jorge should provide feedback from all around the employee.

4 0
3 years ago
Read 2 more answers
Suppose Stark Ltd. just issued a dividend of $2.57 per share on its common stock. The company paid dividends of $2.20, $2.31, $2
crimeas [40]

Answer:

Answer:

Growth rate (g) = n-1√(<u>Latest dividend)</u>     - 1

                                      Current  dividend

                          = 4-1√($2.49/2.20)   -1  

                         = 3√(1.1318)  -1  

                        = 1.04  -  1

                        = 0.04 = 4%

Ke = Do<u>(1 + g) </u>  +  g

               Po

Ke =  $2.57(<u>1  +  0.04</u>)  + 0.04

                         65

Ke = 0.04 + 0.04

Ke = 0.08 = 8%

Explanation:

In this  case, we need to calculate the growth rate using the above formula. Then, the cost of equity will be  calculated. Cost of equity is a function of current dividend paid subject to growth rate divided by current market price.

Explanation:

5 0
3 years ago
Noland bought a fancy new smartphone. it was a different brand of phone than his old phone, so he spent quite a few frustrating
kompoz [17]
Noland's problem was most likely due to PROACTIVE INTERFERENCE.
Proactive interference refers to the tendency of previously learned material to hinder subsequent learning. Proactive interference mostly occur when two information that are similar in format are involved.<span />
3 0
3 years ago
Low-income students are less likely to benefit from parental involvement because?
Misha Larkins [42]

The working class is more committed to their jobs and less likely to Low-income students are less likely to benefit from parental involvement. The simple solution is to submit to American authority: A person who falls within the definition of a "low-income individual".

Is one whose family's taxable income for the prior year did not exceed 150 percent of the federal poverty line. That comes to about $19,000 in the United States (Hawaii and Alaska have a somewhat higher value). If involvement of a household's income is less than 60% of the median income in the UK, it is considered to be low income.

To learn more about Low-income, click here.

brainly.com/question/13068575

#SPJ4

7 0
2 years ago
In July 1, 2018, a two-year insurance premium on equipment in the amount of $672 was paid and debited in full to Prepaid Insuran
Helen [10]

Answer:

Income tax expense is $8,250. It is recorded by debiting Income tax expense by $8,250 and crediting Income tax payable by $8,250.

Explanation:

The income tax rate is 25%. Income tax is calculated on the taxable income after all other adjustments have been made.

Note that the question gives an income figure of $33,000. This is stated as the <em>income after the preceding adjustments but before income taxes.</em> Hence, this is the amount on which we calculate the income tax expense as follows.

Income tax expense = Taxable income x Income tax rate

                                  = $33,000 x 0.25

                                  = $8,250

The next requirement is to record the income tax expense in the journal. This income tax has not yet been paid by the company. Therefore, an income tax payable liability is created. The journal entry is as follows.

Debit: Income tax expense $8,250

Credit: Income tax payable $8,250

8 0
3 years ago
Other questions:
  • Dr. Leo is involved in an applied research study of customer satisfaction with a newly developed line of facial cosmetics and ot
    10·1 answer
  • Which of the following documents would you use to create your cash flow statement?
    8·1 answer
  • Zachary, a manager at ExecuComp, receives quarterly reports, which track his department's production statistics. However, these
    12·2 answers
  • Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production
    14·1 answer
  • Chester's balance sheet has $86,386,000 in equity. If next year, assets decrease by $4,000,000 and liabilities increase by $2,00
    10·1 answer
  • Company A has a shorter Average Collection Period than Company B using the formula 365 / (Credit Sales / Average AR Balance). Wh
    14·1 answer
  • their major products, the plastic container. Budgeted quantity Budgeted price Direct materials 0.25 pounds $30 per pound Direct
    15·1 answer
  • Maryland Incorporated produces toys. Total manufacturing costs are $ 370 comma 000 when 60 comma 000 toys are produced. Of this​
    5·1 answer
  • Match the terms to their definitions.
    5·1 answer
  • Which stage of the consulting process describes when the consultant and client come to an agreement on what work will be accompl
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!