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Serggg [28]
3 years ago
10

Which best explains what happens to the money that a consumer deposits into a bank account? The bank saves some of the money for

independent loans and pays some to the Federal Reserve. The bank pools the money with other district banks allowing the consumer quick and convenient access to funds. The bank pays interest to the consumer and safely keeps all the money in the bank's vault until the consumer needs it. The bank reserves part of the money and uses the rest to make loans to other consumers who need them.
Business
1 answer:
Nina [5.8K]3 years ago
6 0

Answer: The bank reserves part of the money and uses the rest to make loans to other people who need them.

Explanation: money doesn't just sit in the banks. the money will still there but some will be used by the banks for other loans and interests.

(i also took the test so this is most likely correct)

hope it goes well!

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For which customer relationship group should a company make continuous relationship investments to​ delight, engage,​ retain, an
harkovskaia [24]
I believe the answer is customer satisfaction.
Customer satisfaction refers to the level of satisfaction that a customer is experiencing when it comes to a certain company or their product. So it is vital that companies keep their customers happy if they want them to continue buying their products.
4 0
3 years ago
Based on a predicted level of production and sales of 21,000 units, a company anticipates total variable costs of $105,000, fixe
tresset_1 [31]

Answer:

The budgeted amount of fixed costs for 19,000 units is  $155,800

Explanation:

According to the Given Scenario the Following are Computation to find out the budgeted amount of fixed costs for 19,000 units.

Current Contribution Margin = \frac{Fixed Cost + Operating Income}{No of Unit Sold}

Current Contribution Margin =$25,200 + $147,000/21,000

Current Contribution Margin = $172,200/21,000

Current Contribution Margin = $8.2 per Unit

The Contribution Margin for 19,000 units = $8.2 × 19,000

The Contribution Margin for 19,000 units = $155,800

Therefore, The budgeted amount of fixed costs for 19,000 units is  $155,800

5 0
4 years ago
Read 2 more answers
If you had $1100000000000 what would with it and why
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Answer: buy my school than demolish it

Explanation:

8 0
3 years ago
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Adam Smith believed that fair prices for goods are determined in a capitalist system:______ a) through competition between busin
Alexus [3.1K]

Answer:

The correct answer is A

Explanation:

Adam Smith is one of the first theorist who refer to the system of capitalism. Under this system, he asserts that when the person or an individual conduct or make a trade, they value what they bought more than they value what are exchanging for the commodity.

So, under this system, he believed that the fair as well as correct prices of the commodity or the goods will be determined through the competition among the businesses.

5 0
3 years ago
Given the following information, compute accounts receivable turnover. Gross sales $150,000 Accounts receivable, beginning of ye
STatiana [176]

Answer:

6.75

Explanation:

Given that,

Gross sales = $150,000

Accounts receivable, beginning of year = $18,000

Sales = $135,000

Accounts receivable, end of year = $22,000

Average accounts receivables:

= (Beginning AR + Ending AR) ÷ 2

= ($18,000 + $22,000) ÷ 2

= $40,000 ÷ 2

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Accounts receivable turnover:

= Sales ÷ Average accounts receivables

= $135,000 ÷ $20,000

= 6.75

Note: Accounts receivable, end of year is missing from the question. It is amounted to $22,000.

5 0
3 years ago
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