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3 years ago

12

Suppose all banks are subject to a uniform reserve requirement of 20 percent and that the union bank has no excess reserves. if

a new customer deposits $50,000, the bank could extend new loans up to a maximum of

1 answer:

ahrayia [7]3 years ago

3 0

The answer is 40,000

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The gradual expansion of project requirements, specifications and priorities during the execution of project is known as _______

timofeeve [1]

The gradual expansion of project requirements, specifications and priorities during the execution of project is known as scope enhancement

<h3 /><h3>What is scope enhancement?</h3>

Scope enhancement occurs when a particular ongoing project need to take an expanded form.

It can be addition of new varieties, structure and people and this requires additional work.

Therefore, the gradual expansion of project requirements, specifications and priorities during the execution of project is known as scope enhancement.

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4 0

2 years ago

At December 31, 2019, Sharon Lee Corporation reported current assets of $343,980 and current liabilities of $196,600. The follow

gtnhenbr [62]

Answer:

1.97 times

Explanation:

The formula to compute the current ratio is shown below:

Current ratio = Total Current assets ÷ total current liabilities

Current ratio before any adjustment is shown below:

So, current ratio = $343,980 ÷ 196,600 = 1.75 times

Current ratio after adjustments are shown below:

Current assets = Before adjustment balance + goods purchased costing - physical count of inventory + freight-in charges

= $343,980 + $20,440 - 11,890 + 3,040

= $355,570

Current liabilities = Before adjustment balance - goods not received

= $196,600 - $15,950

= $180,650

So, the current ratio would be

= $355,570 ÷ $180,650

= 1.97 times

3 0

4 years ago

Mester Company has 10 employees. FICA Social Security taxes are 6.2% of the first $117,000 paid to each employee, and FICA Medic

Aneli [31]

Answer:

$\left[\begin{array}{CCCccc}&accumulated&OASDI&HI&SUTA&FUTA\\KEN&6000&360&90&324&36\\ANN&146500&7020&1755&378&42\\LORI&119500&7020&1755&378&42\\TIM&60200&3612&903&378&42\\KATHLEEN&106900&6414&1603.5&378&42\\KITTY&36900&2214&553.5&378&42\\STEVE&89000&5340&1335&378&42\\MICHELLE&117000&7020&1755&378&42\\JHON&4000&240&60&216&24\\\end{array}\right]$

HI OASDI SUTA FUTA TOTAL

Employer 9810 39240 3186 354 52590

Employee 9810 39240 49050

TOTAL 19620 78480 3186 354 101640

Explanation:

We will compare the accumulated wages with the celling of each tax and apply the tax-rate oto the lower amount.

Then FUTA and SUTA will only be paid by the employeer.

Also, the employeer contributes the same amount for Hi and OASDI as the employees

5 0

3 years ago

If an organization sets the marketing objective of maintaining uniformity and strong centralized control over its marketing acti

irinina [24]

Answer:

standardization

Explanation:

Standardization marketing strategy can be regarded as strategy that use in making a market to be a solution having uniform consistency throughout particular marketing mix. It is the

marketing of products and keeping a uniform image of the product among the varying markets. It should be noted that If an organization sets the marketing objective of maintaining uniformity and strong centralized control over its marketing activities and products, then the organization is choosing standardization strategy

4 0

3 years ago

Sydney wins a prize. She has a choice of receiving a payment of $160,000 immediately or of receiving a deferred perpetuity with

Mamont248 [21]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

She has a choice of receiving a payment of $160,000 immediately or of receiving deferred perpetuity with $10,000 annual payments, the first payment occurring in exactly four years.

A) i= 5%

First, we need to determine the value of the perpetuity four years from now.

Perpetuity= 10,000/0.05= 200,000

Now, we can calculate the present value:

PV= 200,000/(1.05^4)= $164,540.50

B) i= 6%

Perpetuity= 10,000/0.06= $166,666.67

PV= $166,666.67/1.06^4= $132,015.61

C) She should consider her necessities of cash and the value of the products she can purchase now.

5 0

3 years ago