Answer and Explanation:
The computation of the reserve requirement is given below;
Required reserves is
= Deposits - loans - excess reserves
= $400 - $362 - $6
= 32 million
And,
Required reserve ratio is
= Required reserves ÷ Deposits
= 32 ÷ 400
= 8%
In this way, it should be determined so that the correct value & percentage could come
Answer:
to show problem-solving skills, to demonstrate team-building skills
Explanation:
Problem solving is the act of defining a problem; determining the cause of the problem; identifying, prioritizing, and selecting alternatives for a solution; and implementing a solution. using skills as team building among others.
Clearly a candidat for a manufcturing position will suggest this enhance to demonstrate how he can solve a distribution problem (boxing) while improving work environment and creating team building (cooks)
Answer:
Instructions are listed below
Explanation:
We don't have enough information to answer the question numerically. But, I can provide a few formulas of how to answer it.
A)
Revenue/Sales (+)
Cost of Goods Sold (COGS) (-)
=Gross Profit
Marketing, Advertising, and Promotion Expenses (-)
General and Administrative (G&A) Expenses (-)
=Net operating income
B)Break-even point (dollars) fixed costs/ contribution margin ratio
Contribution margin ratio= (Price - unitary variable cost)/Price
1) Increase in Unitary variable cost:
Contribution margin= price - new unitary variable cost
2) Variance in income= new sales* contribution margin - increase in fixed costs
3) Prepare the income statement again
C) Break-even point= fixed costs/ contribution margin
Answer:
are making a large purchase.
Explanation:
A mortgage is a long term debt. It takes at least five years to repay a mortgage. In practice, mortgages are issues for between 10 and 30 years.
Mortgages are ideal for purchases requiring a colossal amount of money. For example, the purchase of homes, land, plants, and equipment. The repayment of the amount borrowed to facilitate such purchases is spread over many years. This enables the borrower to repay the loan in affordable monthly installments.
