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Lubov Fominskaja [6]
3 years ago
9

Suppose a banking system has a required reserve ratio of 0.15. How much can the money supply increase in response to a $1 billio

n increase in excess reserves for the whole banking system?
Business
1 answer:
fenix001 [56]3 years ago
5 0

Answer:

the money supply increase in response to a $1 billion increase in excess reserves for the whole banking system is $6.67billion.

Explanation:

Increase in money supply = 1/0.15

Increase in money supply = $6.67 billion

Therefore, the money supply increase in response to a $1 billion increase in excess reserves for the whole banking system is $6.67billion.

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Define CAMELS, why it was created and how the system works, and give the names of six factors of CAMELS
bearhunter [10]
  1. Capital adequacy
  2. Asset quality
  3. Management
  4. Earnings
  5. Liquidity
  6. Sensitivity

CAMELS is an international rating system to rate banks, it was created in the United States as a supervisory rating system.

In order to ensure their financial strength, banks have periodic examinations by a Office of the Comptroller of the Currency. Bank examiners issue CAMELS, a numerical rating to the bank as a result of the examination, examiners score each bank in the six factors listed above. Banks score between 1 and 5 in each category (1 being the highest).

Hope this helps, HAVE A BLESSED AND WONDERFUL DAY! As well as a great Valentines Day! :-)  

- Cutiepatutie ☺❀❤

5 0
3 years ago
Re-Up Enterprises has sales of $926,355, costs of goods sold of $613,500, inventory of $189,880, and accounts receivable of $78,
densk [106]

Answer:

=112.785

Explanation:

Average days in inventory is financial ratio that shows the average number of days a company takes to turn its inventory.

The formula for calculating the average days in inventory is as below.

Days in inventory = Average inventory /cost of goods sold x 365

for Re-UP Enterprises: average inventory = $189,880

cost of goods sold =$613,500,

Days in inventory

= $189,880/613,000 x 365

=0.309 X 365

=112.785

6 0
3 years ago
PLZZ extra points and brainlist
MrRissso [65]

Answer:

product drugs

Explanation:

can mess you up mentally and is bad for you and is banned to use and the more you use it the more you will be addicted

7 0
3 years ago
Sean and Jenny own a home in Boulder City, Nevada, near Lake Mead. During the year, they rented the house for 40 days for $3,000
kipiarov [429]

Answer:

Answer is a i.e. 0.

Explanation:

No net loss is allowed for personal/rental properties.

4 0
3 years ago
Read 2 more answers
The following static budget is provided: Units 27,000 Units Sales $ 270,000 Less variable costs: Manufacturing costs $ 94,500 Se
valentinak56 [21]

Answer:

$62,750

Explanation:

The computation of budgeted net income is shown below:-

Budgeted income = (Contribution Margin × Units produced and sold ÷ Units) - Manufacturing costs - Selling and administrative costs

= ($118,800 × 25,000 ÷ 27,000) - $29,700 - $17,550

= $110,000 - $29,700 - $17,550

= $62,750

Therefore for computing the Budgeted income we simply applied the above formula.

4 0
3 years ago
Read 2 more answers
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