The reserves amount is $500.
What are reserves amount?
The reserves amount means the portion of deposits the bank has received from customers that it must hold on to and not give out as loans to its borrowers, it is usually a percentage of the deposits made by the bank as it is 10% of total bank's deposits in this case.
The reserves amount is mandatory cash the bank must keep as required by the supervisory bank such as the central banks.
It is compulsory, so as to make provisions for unexpected withdrawal requests that depositors could make so as to avoid a situation the bank runs out of cash , where cash is non-available to meet the requests of depositors for funds kept with the bank.
reserves amount=reserve %*deposits
reserve ratio=10%
deposits=$5,000
reserves amount=10%*$5,000
reserves amount=$500
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Answer: $14,250
Explanation: Using the indirect method of cash flow:
Operating Activities:
Net income $28,000
Less: Decrease in Inventory ($8,500)
Less: Decrease in Accounts Payable (8,750)
Add: Depreciation 11,500
Less: Increase in Accounts Receivable (8,000)
Net cash provided by operating activities $14,250
Hey there!
Pretty sure its A
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The step that follows an identification when applying a questioning mindset is corroborating of the argument by looking for other evidence.
<h3>What is
argument corroboration?
</h3>
This refers to an act of comparing a new text to another in order to check the accuracy of the evidence or the plausibility of the claims and reasons.
In conclusion, the step that follows an identification when applying a questioning mindset is corroborating of the argument by looking for other evidence.
Read more about corroboration
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Answer:
Percentage of savings off=45%
Explanation:
Savings=discount×Original item price
First save=(25/100)×179.99=$44.9975
Additional save=(20/100)×179.99=$35.998
Total savings=(44.9975+35.998)=$80.9955
Percentage of savings=(Total saving/Original price)×100
(80.9955/179.99)×100=45%
