1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sweet [91]
3 years ago
5

Suppose ​$50 comma 000 is deposited at a bank. The required reserve ratio is 20 ​percent, and the bank chooses not to hold any e

xcess reserves but makes loans instead. What are the​ bank's total​ reserves?
Business
1 answer:
Angelina_Jolie [31]3 years ago
3 0

Answer:

$10,000

Explanation:

Provided amount deposited to bank = $50,000

Reserve ratio is 20%

And provided the company do not have any amount more than the required reserve, therefore balance in reserve = $50,000 \times 20% = $10,000

Further remaining $50,000 - $10,000 = $40,000 will be advanced as loan, and will not form part of reserves.

Therefore, total reserve's of bank = $10,000

You might be interested in
Which of the following nations is not one of the three members of the North American Free Trade Agreement (NAFTA)?
goblinko [34]
The answer to this question should be A
8 0
3 years ago
Read 2 more answers
Melissa is an early-maturing girl. compared to her late-maturing friends, we can expect melissa: to have a higher self-esteem. t
padilas [110]
To complete the statement above, it is best to describe Mellisa to engage in early sexual experiences, it is because hormones starts changing at this stage where it is usually active. In terms of having high self esteem, it is incorrect because early maturing girls tend to have low self esteem and they tend to be unsatisfied with their body.
5 0
3 years ago
_______ is the process of deciding where one page ends and the next begins. A. Pagination B. Word wrap C. Crop D. Editing
irinina [24]
Pagination is the answer
7 0
3 years ago
Smith Machining makes three products. The company’s annual budget includes $1,048,000 of overhead. In the past, the company allo
Flauer [41]

Answer:

The computation is shown below:

Explanation:

a. The company overhead rate based on direct labor is

= Total Overheads ÷ Direct Labor Hours

= $1,048,000 ÷ 40,000

= $26.2 per hour

b) Overheads Rate using Activity Based Costing  is

= Cost ÷ Activity level

For  Order Processing, it is

= $226,800 ÷ 14,000 orders

= $16.2 per order

For setups, it is

=  $157850 ÷ 4,100 setup

= $38.5 per setup

For Milling, it is  

= $395,850 ÷ 20,300 machine hours

= $19.5 per machine hour

For Shipping

= $267,500 ÷ 25,000

= $10.7 per shipment

We simply applied the above formula so that the per unit could come

6 0
3 years ago
A cost that cannot be avoided or changed because it arises from a past decision, and is irrelevant to future decisions, is calle
Ronch [10]

Answer:

e. Sunk cost.

Explanation:

As per the given statement, the best appropriate option is sunk cost. As the sunk cost deals with the past cost which is already incurred in the past and it cannot be changed or avoided, neither it can be recovered. Example - Rent expense.

Plus it does not affect the future decisions that means it is irrelevant for decision-making aspects.

6 0
3 years ago
Other questions:
  • Country X has currency C1 and Country Y has currency C2. The nominal exchange rate C2/C1 and GDP deflator P for Country X and P*
    12·1 answer
  • Countries, such as South Korea and Singapore, now view foreign investment as:_________
    15·1 answer
  • A(n) _____ is defined as a small number of people with complementary skills who hold themselves mutually accountable for pursuin
    9·1 answer
  • why does the study state that " unless you are sleeping, it is almost impossible not to be communicating"?
    13·2 answers
  • Rent controls can cause a. ​a decline in the quality of housing available for rent. b. ​the development of a black market to all
    14·1 answer
  • Three airlines account for most of the air traffic in and out of a local city. If the three airlines joined together in setting
    10·1 answer
  • Spring is here, and Ginny and her uncle would like to go fishing for the weekend in New Hampshire. Ginny could either go to the
    5·1 answer
  • On April 2, Rolex SA sold $40,000 of inventory items on credit with the terms 1/10, net 30. Payment on $24,000 of sales was rece
    13·1 answer
  • What is penetration pricing?
    9·1 answer
  • If a bond is purchased at a premium, the yield to maturity is A) the same as the current yield. B) lower than the nominal yield.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!