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almond37 [142]
3 years ago
9

If a bank sells​ $10 million of bonds to the Fed to pay back​ $10 million on the loan it​ owes, what will be the effect on the l

evel of checkable​ deposits? Assume that the required reserve ratio on checkable deposits is​ 10%, banks do not hold any excess​ reserves, and the​ public's holdings of currency do not change.
Business
1 answer:
Anettt [7]3 years ago
8 0

Answer:

There will be no effect on the level of checkable deposits.

Explanation:

Since the bank sold the $10 million of bonds to pay back a debt, that means that the bank's checkable deposits will not change. The bank's reserves will remain unchanged since the checkable deposits remain unchanged.

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Nelson Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an ann
Irina18 [472]

Answer:

the accounting rate of return is 18.75%

Explanation:

The computation of the accounting rate of return is as follows:

But before that following things need to be determined

Depreciation expense is

= ($540,000 - $195,000 )÷ (5 years)

= $69000

The Net income is

=  $170,250 - $69,000

= $101,250

Now the accounting rate of return is

= Net income ÷ Initial investment

= $101,250 ÷ $540,000

= 18.75%

hence, the accounting rate of return is 18.75%

3 0
3 years ago
Stark Corporation has two​ departments, Car Rental and Truck Rental. Central costs may be allocated to the two departments in va
cestrela7 [59]

Answer:

310.5 activity rate per employee

Explanation:

Number of employees:

135 Car Rental

65 TruckRental

200 total

\frac{Activity\: Cost}{Pool}= Activity\:Rate

We have to distribute the total cost over the cost driver, in this case numebr of employee

62,100/200 = 310.5 activity rate

3 0
3 years ago
You have decided to set a new goal of saving at least $4,500 over the course of the next year. You already have $900 saved. By h
Assoli18 [71]

The answer is C, $200. I got it right!

5 0
3 years ago
Read 3 more answers
Who is responsible for ensuring the policies and procedures are implemented across the organization and acts as a liaison betwee
Elina [12.6K]

Responsible for ensuring the policies and procedures are implemented across the organization and acting as a liaison between the MIS department and the business?

The correct answer is Data Steward

<h3>Why is MIS becoming so important to businesses?</h3>

The main purpose of the MIS reporting system is to provide management with important business information for complex decision-making. Reliable information about business data related to current market development is essential for governments to be able to make swift and well-founded decisions.

The first relationship between business processes and information systems is to achieve business goals. For example, organizations use information systems to improve operational and process efficiency by improving the flow of information.

Learn more about the MIS department and the business here

brainly.com/question/12386219

#SPJ2

8 0
2 years ago
Which of the following is an example of the free-rider problem? a. Both Zoe and Zach receive low-cost dental care at the local d
Fittoniya [83]

Answer:

c. Bruce owns Buster, a large dog who barks whenever anyone walks near his house. Betty lives next to Bruce, and Buster's barking can be heard whenever anyone walks near her house, too. Thus, Betty receives free protection from burglars because of Buster's barking

Explanation:

Free rider is a form of market inefficiency that occurs when people benefit from a good or service but do not pay or underpay for the product.

Betty is receiving free protection from Bruce's dog.

I hope my answer helps you

7 0
3 years ago
Read 2 more answers
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