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
kogti [31]
3 years ago
9

When required reserves exceed actual reserves, commercial banks will be forced to have borrowers:?

Business
1 answer:
torisob [31]3 years ago
6 0

Repay loans so that the bank can get it reserves back up to the required level

You might be interested in
Your new team is working hard, but they are all less experienced than you and don't complete their tasks as quickly
hammer [34]

Answer:

I would personally try to teach them myself since I have more experience and help them get better at their work environment.

Explanation:

8 0
3 years ago
In a compensatory stock option plan for which the grant and exercise dates are different, the stock options outstanding account
NeTakaya

Answer:

The correct answer is D

Explanation:

The compensatory stock option is the option which is given or provided to the employee, providing the ability for purchasing the certain number of the shares of the company at the price which is the pre- determined one along with the pre- determined range of the date.

And the stock options which have the outstanding account that should be decreased or reduced at the date of exercise.

3 0
2 years ago
Examples of current liabilities are all of the following except
Sladkaya [172]

Answer:

d. accounts receivable.

Explanation:

We know that

The current assets = Cash and cash equivalents + Short-term investments + Notes receivable + Inventories + Prepaid expenses and other related current assets

And, current liabilities comprise of

= Short-term note payable + Accounts payable + current portion of long-term debt

The duration of the current asset and the current liabilities within one year.

Therefore, the account receivable is not an example of current liabilities.

6 0
3 years ago
Riverbed Corporation sells computers under a 2-year warranty contract that requires the corporation to replace defective parts a
Arte-miy333 [17]

Answer:

A.

Dr Cash $891,540

Dr Warranty Expense $127,254

Cr Sales Revenue $891,540

Cr Warranty Liability $127,254

B. Current Liabilities

Warranty Liability $63,627

Long-term Debt

Warranty Liability $63,627

C. Dr Warranty Liability 61,300

Cr Inventory 21,400

Cr Salaries and Wages Payable 39,900

Explanation:

A. Preparation of the journal to Record any necessary journal entries in 2017.

Dr Cash $891,540

[ (381 × $2,340) = $891,540]

Dr Warranty Expense $127,254

Cr Sales Revenue $891,540

Cr Warranty Liability $127,254

(381 *[$142+ $192])

B. Calculation for What liability relative to these transactions would appear on the December 31, 2017,

Riverbed Corporation

Balance Sheet (Partial)

December 31, 2017

Current Liabilities

Warranty Liability $63,627

($127,254/2)

Long-term Debt

Warranty Liability $63,627

C. Preparation of the journal entry Record any necessary journal entries in 2018

Dr Warranty Liability 61,300

($21,400+$39,900)

Cr Inventory 21,400

Cr Salaries and Wages Payable 39,900

5 0
3 years ago
This project is similar to a project you completed a few months ago and you would like to reference the older project for inform
Mkey [24]

Answer:

The correct answer is A. Analogous estimating.

Explanation:

The analogous estimate, also called top-down estimates, means the use of real durations of similar previous activities, as the basis for the estimation of the duration of a future activity. It is frequently used to estimate the duration of the project when there is a limited amount of project detail information (for example in the initialization phase).

The Analog Estimate is also called top-down, it consists of using the real costs of similar previous projects as a basis for the estimation of costs of the current project. This technique is frequently used when the detail of the information about the current project is limited ( for example in the early stages Analog Estimation is a form of expert judgment It is less expensive than other techniques, and usually less accurate It is more reliable when the previous project is similar in fact and not only in appearance and when groups or individuals who prepare estimates, have the required experience.

6 0
3 years ago
Other questions:
  • A new competitor enters the industry and competes with a second​ firm, which had been a monopolist. The second firm finds that a
    14·1 answer
  • A firm has the balance sheet accounts, Common Stock and Paid-in Capital in Excess of Par, with values of $40,000 and $500,000, r
    15·1 answer
  • You can now sell 40 cars per month at $20,000 per car, and demand is increasing at a rate of 3 cars per month each month. What i
    15·2 answers
  • A typical way in which a common-size income statement is constructed is by dividing all expense items in an income statement by
    6·1 answer
  • A delivery company is considering adding another vehicle to its delivery fleet; each vehicle is rented for $100 per day. Assume
    9·1 answer
  • After cost overruns of the solar project, $10 million was already spent and unrecoverable. It was going to cost $12 million more
    15·1 answer
  • PLZ HELP ME!!!!!!
    6·2 answers
  • References that employers trust for the most accurate reporting include _____. a. friends b. relatives c. counselors d. parents
    8·1 answer
  • Jordan Freight Company owns a truck that cost $41,000. Currently, the truck’s book value is $24,000, and its expected remaining
    12·1 answer
  • the fixed cost of producing wedding cakes is $10,000 per month. the variable cost for producing 10 wedding cakes per month is $1
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!