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Alecsey [184]
2 years ago
12

Jose deposits a $400 check in College Bank. The reserve requirement is 20%. Required reserves are $_____. Please choose the corr

ect answer from the following choices, and then select the submit answer button. Answer choices 80 320 400 480
Business
1 answer:
Kobotan [32]2 years ago
4 0

Answer:

80

Explanation:

As for the required reserve balance the information is provided as follows:

Total amount deposited by Jose = $400

Provided the reserve balance = 20%

Therefore, reserve balance from this payment = $400 \times 20% = $80.

As it is not specified clearly, that this $400 is inclusive or exclusive of the reserve balance, it is assumed that reserve will be created out of such balance.

Therefore, reserve maintained from this $400 = $80 and the rest $400 - $80 = $320 will be usable freely, without any restrictions.

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The student is told that one of the four solids tested is actually barium chloride ,bacl2. which of the solids could be bacl2?
dem82 [27]

To find the correct answer, you should know that Barium Chloride is a strong electrolyte. A strong electrolyte will wholly complete the circuit as shown by a brightly powered light bulb. Therefore, the correct answer is a solid with a concentration of 0.20, where the strength of light emitted is bright. Remember that all strong acids and highly soluble ionic substances are strong electrolytes. Ionic compounds that are merely slightly soluble or are insoluble may act as a poor electrolytes.

6 0
3 years ago
A partnership began its first year of operations with the following capital balances: Young, Capital $ 143,000 Eaton, Capital $
PtichkaEL [24]

From the information given, the balance that will be in the capital account of Thurman at the end of the second year will be $132860.

The partners account at the end of the second year for Thurman will be calculated thus:

  • Beginning capital = $126100
  • Add: Net income = $19760
  • Less: Drawings = $13000
  • Ending capital = $132860

Therefore, the balance in the account will be $132860.

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5 0
2 years ago
According to the research literature on strategy and structure, the relationship between strategy and structure most strongly im
Marrrta [24]

Answer: Option B

Explanation: An organization and arrangement of interrelated elements can be defined as the structure of the primary subject. In simple words it can be described as many party of an element put together.

Strategy can be defined as the method or plan made to achieve future goals or objectives.

a. Strategy formulation cannot be done with out taking into consideration the structure. for example- a company with debt in its financial structure cannot take same risks as company with equity in its financial structure.

b. wrong strategy formulation can effect structure severely similarly structure of the organisation must be taken into consideration before

making strategy.

c. Structure of organisation is the primary consideration in making strategy thus its influence will be high.

Therefore right answer is statement B .

8 0
3 years ago
A summary of selected ledger accounts appears below for Alberto's Plumbing Services for the current calendar year-end.
TiliK225 [7]

Answer:

a. $15,000

Explanation:

common stock:

12/31 = $8,500                    1/1 = $5,500

                                           12/31 = $15,000

retained earnings:

6/30 = $3,500                   12/31 = $15,000

11/30 = $5,000

Income Summary

12/31 = $18,500                 12/31 = $33,500

12/31 = $15,000

income summary closing accounts:

Dr Revenue 33,500

    Cr Income summary 33,500

Dr Income summary 18,500

    Cr Expenses 18,500

Dr Retained earnings 15,000

    Cr Income summary 15,000

net income = amount of income summary closed against retained earnings = $15,000

7 0
3 years ago
Competition among economic units ______. Multiple select question. should not occur within a market system diffuses economic pow
rosijanka [135]

The Competition among economic units diffuses economic power within the businesses and households that make up the economy.

<h3>What is Economy?</h3>

Economy refers to the area or the region which produces the goods and services. It implies to the wealth and the resources of the nation. It involves the management of the finances. for example :- the stock market system of the United States.

The competition among the business leads to the innovation of the new products and the services which in turn is beneficial for the customers. It diffuses the economic power as the income earned gores in the market and the household.

Thus it helps in the economic growth of the nation. Therefore the correct option is diffuses economic power within the businesses and households that make up the economy.

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5 0
1 year ago
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