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3 years ago

Consider the following situations.

Business

1 answer:

xeze [42]3 years ago

8 0

Answer:

A.$600

B.$100

C. 0.1

Explanation:

Money supply equals to Currency held by the public + Bank reserves÷ Desired reserve-deposit ratio

Hence:

a. Deposits equal bank reserves ÷ by the desired reserve-deposit ratio

= $100/0.25

= $400.

Money supply = currency held by the public + deposits

= $200 + $400

= $600.

b. Let X = currency held by the public = bank reserves.

Thus money supply equals X +X÷ by the desired reserve-deposit ratio

500= X + 0.25

500 = 5X

X=$500/5

X = $100

Currency and bank reserves both equal $100.

c.If the money supply equals $1,250 and the public holds $250 in currency, then the bank deposits must equal $1,000($1,250-$250).

If bank reserves are $100, the desired reserve-deposit ratio

=100/1,000

=0.1

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At December 31, 2021, Moonlight Bay Resorts had the following deferred income tax items: Deferred tax asset of $62 million relat

o-na [289]

Answer:

Moon light Bay Resorts would report in the balance sheet December 31, 2021 ; non current deferred tax asset of $102 million and non current deferred tax liability of $208 million .

Explanation:

From the above question, we are to determine if Moon Light Bay Resorts should report as assets (Current or non current) or liabilities (Current or non current) in its balance sheet as at 31st December, 2021.

The items are also classified in the balance sheet as seen below;

Total deferred tax liability ($128 million + $80 million) = $208 million

(Deferred tax liabilities related to both current or non current assets)

Total deferred tax asset ($62 million + $40 million) = $102 million

The net deferred tax liability = $106 million ($200 million - $102 million)

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3 years ago

The Conity Corporation has an Electric Mixer Division and an Electric Lamp Division. Of a $ 15 comma 000 comma 000 bond issuanc

Alja [10]

Answer:

Amount allocated = $620,000

Explanation:

As per the data given in the question,

Bond issuance = $15,000,000

Electric mixer division used = $9,300,000

Electric lamp division used = $5,700,000

Interest cost on the bond = $1,000,000

Electric mixer division = Electric mixer division used ÷ Bond issuance

= $9,300,000 ÷ $15,000,000

=0.62

So, Allocated interest expense = Interest cost on the bond × Electric mixer division

= $1,000,000 × 0.62

= $620,000

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4 years ago

Why might a project manager avoid using technical language when giving a presentation to clients?

Reil [10]

Answer:

Forget that you’re up there not to promote how wonderful you are, but to provide value to the audience.

Lose focus of what the audience needs from you. One way: Before you start talking, ask, “What do you hope to learn/achieve from this meeting?”

Fail to set objectives. Even if you don’t share them with participants, know what you want to achieve.

Proceed without a plan (also known as an agenda). Whatever you call it, it’s a map for how your session is going to go.

Wing it. Preparation is everything. Unless you’re an improv master, you have to figure out what you’re going to do, in what order and for how long. And almost everyone needs to practice.

Jump from point to point in a disorganized way. See #4 and #6.

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3 years ago

firm that has large securities holdings that wishes to raise money for a short length of time may be able to find the cheapest f

lisov135 [29]

Answer: Reverse repurchase agreement

Explanation: A reverse repurchase agreement is a money market instrument agreement for the purchase of securities now that will be sold on at a future date for a higher price.

This agreement is a source of short term capital and are mainly financial instruments.

7 0

4 years ago

As a bank loan officer, you are considering a loan application by Endurance Sporting Goods. The company has provided you with th

sweet-ann [11.9K]

Endurance Sporting Goods’ debt to owners' equity ratio is 66.7%.

First step is to calculate the Owner's Equity

Owner's Equity=Total Assets - Total Liabilities

Where:

Total Assets =$25,000 + $45,000 + $140,000 + $190,000

Total Assets = $400,000

Total Liabilities =$70,000 + $90,000

Total Liabilities=$160,000

Let plug in the formula

Owner's Equity=$400,000-$160,000

Owner's Equity=$240,000

Second step is to calculate debt to owners equity ratio using this formula

Debt to owners equity ratio= Debt (total Liabilities)/Owner's Equity

Let plug in the formula

Debt to owners equity ratio = $160,000/$240,000

Debt to owners equity ratio = 0.667×100

Debt to owners equity ratio= 66.7%

Inconclusion Endurance Sporting Goods’ debt to owners' equity ratio is 66.7%.

Learn more about debt to owners' equity ratio here:brainly.com/question/25847981

3 0

3 years ago