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Serggg [28]
2 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]2 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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A company's board of directors votes to declare a cash dividend of $1.55 per share of common stock. The company has 31,000 share
Viktor [21]

Answer:

Total Amount of Cash Dividend = $39,525

Explanation:

We have the following details,

Issued shares are the number of shares issued by the company, it includes treasury stock that is shares purchased back by the company.

Outstanding shares = Issued shares - Treasury stock

Treasury stock does not have any right of dividend, as the shares are held by company itself, it will not pay dividend to itself.

Thus dividend to be paid = 25,500 \times $1.55 per share = $39,525

Authorized shares just represent the number of maximum shares a company can issue.

Total Amount of Cash Dividend = $39,525

8 0
2 years ago
Your company’s human resource manager is away from the office serving in the National Guard, and you have four open positions to
Papessa [141]

Answer: An assessment center

Explanation:

The tests that should be chosen to determine how applicants handle complex situations that mimic events they would encounter on the job is the assessment center.

An assessment centre is used by different organizations so as to know how suitable candidates are for a particular position in the company.

The candidates perform different exercises, group work, interviews, presentation etc in order to make the employers know if they fit the role.

7 0
3 years ago
Rufus, a supervisor at an automobile store, is considered friendly by his subordinates and has the authority to assign important
Citrus2011 [14]

Answer:

a. Task-oriented

Explanation:

Since Rufus, is already considered friendly by his subordinates and has the authority to assign important work to high performers under his wing, with the only limitation being that he does not chalk out clear objectives for his workers. According to Fiedler's contingency leadership theory model, the leadership styles that Rufus should follow in order to be a better leader is Task-oriented  leadership.

The reason for the above suggestion is that Task-oriented leaders are focused on getting the job done and achieving set goals. These category of leaders are not as bothered about employees as they are about developing clear objectives required for achieving tasks meeting goals.

7 0
3 years ago
Consider a bp gas station. as a result of an economic recession and decreases in consumer incomes, there will be a:
Alina [70]
<span>During an economic recession when the income of consumers has decreased, the BP station (an all gas stations) will see a leftward shift in the demand curve. This will result in gas stations having to lower their prices. If they don't lower their prices, they will have a glut of gasoline that they can't sell.</span>
4 0
2 years ago
Which of the following statements is TRUE?
9966 [12]
I believe the answer is A. Hope this helps :)
8 0
2 years ago
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