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Karo-lina-s [1.5K]
3 years ago
11

Assume that Linda deposits in her checking account the $1,000 cash she was keeping at home for an emergency. If the required res

erve ratio is 0.20, what is the maximum change in the money supply from her deposit?
Business
1 answer:
Sav [38]3 years ago
6 0

Answer:

The answer is $5000

Explanation:

total change in MS  =change in MB×MM

Money multiplier = 1/0.2= 5

Therefore total change = 1000* 5= $5000

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The SBA is a source of assistance that provides small businesses with the following
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Answer:

  • government contracting
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Explanation:

SBA is a US government agency whose core mandate is to support the growth of small businesses. The Small Business Association(SBA),  promotes economic growth by providing useful resources and information to help them start and develop small businesses.

The  SBA supports the advancement of small businesses in the following ways.

  1. Education and training,
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Read 2 more answers
Aguilera corp. has a current accounts receivable balance of $336,500. credit sales for the year just ended were $4,515,830. what
Alika [10]

The receivables turnover ratio is an activity ratio computing how proficiently a firm uses its assets.

Receivables turnover ratio can be calculated by: net value of credit sales during a given period divided by the average accounts receivables.

Receivables turnover = sales / receivable

= 4,515,830 / 336,500

= 13.42

 

Days’ sales in receivables = 365 days/ receivable turnover

= 365 / 13.42

= 27.20

The average collection period is 27.20 days.

6 0
3 years ago
You are a junior in college. You sent your resume to a half-dozen companies hoping to get a summer internship. Two weeks ago XYZ
zlopas [31]

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I would politely reach out to XYZ organization and let them know I won't be taking them on their offer

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