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3 years ago

The balance sheet below is for the First Federal Bank. Assume the required reserve ratio is 20 percent.

Business

1 answer:

lord [1]3 years ago

3 0

Answer:

The answer is option (3) $200,000

Explanation:

Solution

Given that:

The reserve ratio =20%

The Required reserves = 300000*20/100

=60000

The excess reserves = 100000-60000

=$40000

Thus

The Money multiplier = 1/0.20

= 5

Therefore, maximum amount by which loans could be expanded = 40000*5

= $200000

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A privately owned summer camp for youngsters has the following data for a 12-week session: Charge per camper Fixed costs Variabl

shtirl [24]

Answer:

Results are below.

Explanation:

Giving the following information:

Fixed costs= $192,000

Unitary variable cost= $320 per week

Selling price per unit= $480 per week

To calculate the total cost, we need to use the following formula:

Total cost= fixed costs + unitary variable cost*number of units

Total cost= 192,000 + 320*number of weeks

Now, the total revenue:

Total revenue= selling price per week*Number of weeks

Total revenue= 480*x

Finally, the break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 192,000 / (480 - 320)

Break-even point in units= 1,200 campers

3 0

3 years ago

5. For the following observations, calculate the class width for a histogram.

Soloha48 [4]

Answer:

See Explanation

Explanation:

Given

The histogram

Required

The class width

The question is poorly formatted, as the histogram cannot be read. So, I will answer your question with the attached histogram

The class width is:

$Width = Upper - Lower\ Limits$

Using the first class, as reference:

$Lower\ Limits = 1$

$Upper\ Limits = 4$

So, the class width is:

$Width = 4 -1$

$Width = 3$

6 0

3 years ago

Sonic Corp. manufactures ski and snowboarding equipment. It has estimated that this year there will be substantial growth in its

Ne4ueva [31]

the answer is expansion. but im not sure A or B

5 0

3 years ago

Read 2 more answers

3. Once you turn 18, you should regularly check your credit report...

Mazyrski [523]

Answer:

A - For errors or signs of identity fraud

Explanation:

That is the correct answer, good luck, and have a good day.

7 0

2 years ago

Which of the following is a key document in a typical process-costing system? A. Departmental production report. B. Sequential p

quester [9]

Answer: Option A

Explanation: A Departmental Manufacturing cost Report (CPR) indicates all expenses that a division may be paid. Not only is it the origin of detailed journal entries at just the end of this month, but it is also the best effective method to view and dispose of the accrued costs over the month.

A departmental cost report depicts:-

1. Total unit costs out of a previous division moved to it.

2. The division included supplies, staff, and overhead warehouse.

3. The cost per unit of the division included.

4. Average and unit expenses incurred at the bureau's conclusion of activities.

5. Through process inventory levels, the expense of start and finish research.

6. Price moved to a successor division or storage of finished products

8 0

3 years ago