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Daniel [21]
3 years ago
5

A banking system with a reserve ratio of 20% and a change in reserves of $1 million can increase its total demand deposits by:A.

$200,000.B. $5 million.C. $1 million.D. $800,000.
Business
1 answer:
blondinia [14]3 years ago
3 0

Answer: option B is correct

Explanation: In simple words demand deposit is similar to those funds held in a checking account. Demand deposits serves as the base of the money supply of the country.

Demand deposit can be computed using following formula :-

=\:\frac{demand\:deposit}{required\:reserve\:ratio}

=\:\frac{1,000,000}{20\%}=\:\$5,000,000

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Answer:

Functional

Explanation:

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Communication is usually done within the department, when another department head needs information he contacts the department head of the unit to get it.

Each employee reports to one manager, so chain of command is simplified.

5 0
3 years ago
A company purchased a machine for $8,000, the estimated value of the equipment at the end of its 6-year useful life is $600. Com
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Explanation:

b) Double declining Balance

6 0
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IRINA_888 [86]
All of the above. Firstly, some students may not have the right learning environment to be able to learn in the area they live in so, school help provide a better environment to learn. Secondly, online tutoring as someone may be severely ill or just cannot attend for whatever the reason and with government standards children should have an education. Lastly, supplemental instruction as some student have more of a difficult subject that they tend to struggle with nd so school provides interactions for student to engage and get different ideas and views on certain topics.

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6 0
2 years ago
Using the data from the Terrace Industries:
aniked [119]

Answer:

Purchasing 70,000 x 1/3 = $23,333 DISTRICT 1

Purchasing 70,000 x 2/3 = $46,667 DISTRICT 2

Payroll 80,000 x1/3 = $26,667 DISTRICT 1

Payroll 80,000 x 2/3 = $53,333 DISTRICT 2

Explanation:

Sales 300,000 + 600,000 = 900,000

District 1 300,000/900,000 = 1/3

District 2 600,000/900,000 = 2/3

Purchasing 70,000 x 1/3 = 23,333

Purchasing 70,000 x 2/3 = 46,667

Payroll 80,000 x1/3 = 26,667

Payroll 80,000 x 2/3 = 53,333

8 0
3 years ago
Has any questions or problems.
bearhunter [10]

Answer:

Customer relationship management (CRM).

Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction. Therefore, these employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.

This ultimately implies that, customer relationship is focused on developing an ongoing connection between a business firm (organization) and all of its customers, as well as potential customers. The fundamentals of customer relationship is based on improving marketing communications, sales support, technical assistance and customer service so as to bring satisfaction to the customers.

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2 years ago
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