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
Jlenok [28]
3 years ago
11

Suppose a bank has $500 million in deposits and $35 million in required reserves, and it is holding no excess reserves. What is

the required reserve ratio
Business
1 answer:
antoniya [11.8K]3 years ago
4 0

Answer:

The required reserve ratio is $17500 million.

Explanation:

The given deposit with the banks = $500 million

Required reserves = $35 million

We already have the deposits with the bank and the required reserves.  Now we have to calculate the required reserve ratio and it can be calculated by multiplying the bank deposit with required reserves.

Required reserve ratio = Bank deposits × Required reserve

= 500  × 35

= $17500 million

You might be interested in
Will mark BRAINLIEST!
ycow [4]

Answer:

B. help you accurately record your income and expenses

Explanation:

The advantages of advantage that an AIS would offer in using it for your finances is "it would help you accurately record your income and expenses."

The AIS otherwise known as Accounting Information System is a form of systemic structure in which a company or business financial data are gathered, stored, process, and accessed when needed to be used for business or financial decisions. It offers a high level of accuracy, security and easily accessible.

3 0
3 years ago
Irma does not agree with the standard operating procedures adapted for the new project. However, she discusses the items with th
xxMikexx [17]

Answer:

Accommodating

Explanation:

Accommodating is the term in business which means resolving the conflict through placing the concern of the others above of its own at the workplace.

For example, if the person is not agreeing to a point where all the other members of the team are agreeing on that, so accommodating is the kind of intention, which make the business successful by making that person agreeing on that.

So, in this case, Irma is not agreed with the procedure of operating for the new project. Therefore, in order to make the new operations smooth, Irma needs to accommodate himself.

6 0
3 years ago
On 12/31/2020, Heaton Industries Inc. reported retained earnings of $425,000 on its balance sheet, and it reported that it had $
Pani-rosa [81]

Answer:

The amount of dividend paid by Heaton:         $

Retained profit as at 31/12/2019                   555,000

Add: Net income for the year                       <u>172,500</u>

                                                                       727,500

Less: Retained earnings as at 31/12/2020   <u>425,000</u>

Dividend paid in 2020                                  <u>302,500</u>

The amount of dividend paid in 2020 is $302,500, which is close to $382,442.

The correct answer is A

Explanation:

The dividend paid in 2020 equals the retained earnings at the end of 2019 plus the net income for the year minus the retained earnings at the end of 2020.

4 0
3 years ago
What is the name of the document that companies use to report quarterly financial results?.
Tpy6a [65]
Form10-Q is the SEC filing form that accompanies quarterly financial report and might be what you are referring to.
3 0
2 years ago
. In the trade scenario in problem 1, due to overfishing, Norway becomes unable to catch the quantity of fish that it could in p
FrozenT [24]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

7 0
3 years ago
Other questions:
  • Gross income multiplier analysis assumes that the subject and comparable properties are collecting market rents. Therefore, it i
    13·1 answer
  • Undertaker enterprises earns $0.17 in profit on every $1 of sales and has $0.67 in assets for every $1 of sales. the firm pays o
    11·1 answer
  • Lyn files a suit against Karl. Karl denies Lyn’s charges and sets forth his ownclaim that Lyn breached their contract and owes K
    7·1 answer
  • Consumer Products Corporation wants to make an offering of securities to the public. This offering is not exempt from registrati
    13·1 answer
  • Which statement is the converse of the given statment
    7·1 answer
  • Boomerang Corporation, a New Zealand corporation, is owned by the following unrelated persons: 40 percent by a U.S. corporation,
    7·1 answer
  • A manufacturing firm finds that 8080​% of its new hires turn out to be good workers and 20 %20% become poor workers. All current
    15·1 answer
  • Quintanilla Corporation's controller is preparing a business plan for 20X7. The anticipated level of business activity consists
    13·1 answer
  • The top-down method for estimating project time and cost that uses weighted variables based on major parameters and is frequentl
    7·1 answer
  • You are employed by an automaker specializing in electric cars. as a production line supervisor your technical management skills
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!