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xxTIMURxx [149]
3 years ago
6

Assets liabilities + net worth reserves $120,000 checkable deposits $300,000 loans 140,000 stock shares 200,000 securities 40,00

0 property 200,000 the accompanying balance sheet is for the first federal bank. assume the required reserve ratio is 20 percent. the monetary multiplier is
Business
1 answer:
Free_Kalibri [48]3 years ago
5 0

the answer i got was 960000

Tell me if right

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At the end of the day, the cash register tape shows $1,300 in cash sales, but the count of cash in the register is $1,385. The p
kherson [118]

Answer:

C. Debit Cash $1, 385: credit sales $1, 300: credit Cash Over and Short $85.

Explanation:

Based on the information given The proper entry to account for this excess is:

Debit Cash $1,385

Credit Sales $1,300

Credit Cash Over and Short $85

($1,385-$1,300)

5 0
2 years ago
Most economists prefer _____ as the best indicator of current economic performance.
balu736 [363]
Most economists prefer real GDP growth as the best indicator of current economic performance. Real GDP is the gross domestic product in constant dollars. In other words, it is a nation's total output of goods and services, adjusted for price changes. The real GDP allows economists to make useful comparisons of a nation's output and services by eliminating the effect of price changes. It is also known as inflation-corrected GDP and constant-price GDP.
6 0
3 years ago
Read 2 more answers
Significant change in the age structure of a population is one example of the impact of the​ firm's ________.
Margarita [4]
Managing the marketing function should begin with a thorough situation analysis of the firm's internal and external environments, including company strengths, weaknesses, opportunities, and <span>threats. 

Hope this answers the question. Have a nice day.</span>
8 0
3 years ago
An investment costs $152,000 and has projected cash inflows of $71,800, $86,900, and −$11,200 for Years 1 to 3, respectively. If
Radda [10]

Answer:

No; The IRR is less than the required return.

Explanation:

Calculation  of IRR is given by the formula: Lr x NPVL / NPVL - NPVH x (Hr - Lr)

where

Lr  = Lower rate of discount

Hr = Higher rate of discount

NPVH = NPV at Higher discount rate

NPVL = NPV at Lower discount rate

Assume a low discount rate of 1% and a high rate of 20%

<u>NPV at 1%</u>

<u>Particulars        Year 0  Year 1    Year 2   Year 3</u>

Cash flows       152,000  71,800  86,900  (11,200)

DCF 1%                 1           0.99    0.98       0.97

Present values (152,000) 71,082 85,162   (10,864)

NPV = $6,620

<u />

<u>NPV at 20%</u>

<u>Particulars        Year 0  Year 1    Year 2   Year 3</u>

Cash flows       152,000  71,800  86,900  (11,200)

DCF 20%                 1           0.83    0.69       0.58

Present values (152,000) 59,594 59,961   (6,496)

NPV = ($38,941)

Substituting values in the IRR formula we have:

1% x [($6,620 / ($6620 - (38,941))] x (20% - 1%) = 2.06%

Therefore we reject the project because it gives an IRR lower than the required rate of return of 15.5%

8 0
3 years ago
Emmett, an agent for Fridley, signs an agreement with Grover on Fridley's behalf but neglects to tell Fridley that the agreement
Mariulka [41]

Answer:

Option A. Liable, because notice to Emmett is notice to Fridley.

Explanation:

The reason is that the principle is liable for the outcome of the Emmett actions in the principle's behalf. So it is clear that Fridley is liable. The agent have to work in the best interest of its principal which means that the failure to notify the additional tax liability to Fridley was part of agent's fiduciary duty. This means that the principle can sue its agent for the consequences of not placing the sufficient care to its principle.

The Fridley is also responsible because Emmett is acting as Fridley which means the notice to Emmett is actually notice to Fridley.

6 0
3 years ago
Read 2 more answers
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