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Anettt [7]
3 years ago
9

Answer the question on the assumption that the legal reserve ratio is 20 percent. Suppose that the Fed sells $500 of government

securities to commercial banks (paid for out of commercial bank reserves) and buys $500 of securities from individuals, who deposit the cash in checking accounts. As a result of the given transactions, reserves in the banking system will _________.
a. rise by $500.
b. remain unchanged.
c. fall by $500
d. fall by $100.
Business
1 answer:
SVEN [57.7K]3 years ago
4 0
B.) Remain unchanged
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Shackleford corporation net income this year is $800,000. The company generally retains 35% of net income for reinvestment. the
ZanzabumX [31]

Answer:

A. $22.61

Explanation:

First,

find the growth rate(g);

g = ROE *retention  rate

retention  rate = 35%

ROE = Net income/value of equity

ROE = 800,000/5,000,000 = 0.16

Therefore, g = 0.16*0.35

g =0.056 or 5.6%

Price = \frac{D0(1+g)}{(r-g)}

D0 = Recently paid dividend

g = growth rate

r = required return

Price = \frac{1.37(1.056)}{0.12-0.056} \\ \\ =\frac{1.44672}{0.064} \\ \\ =22.605

Therefore, the value of this stock is $22.61

4 0
3 years ago
Samson and Sons purchased a 6-month insurance policy for $1,200 which covers the months July through December. Initially the ent
Vika [28.1K]

Answer:

The answer is D.

Explanation:

To increase asset and expense, you debit while credit decreases it.

To increase, liabity, revenue(income), equity, you credit while debit decreases it.

An insurance that has been prepaid is an asset because the benefit has not been fully utilised.

Samson and Sons has paid for an insurance that will expire December at the beginning of July.

$1,200 for 6 months.

Samson and Sons needs to recognize this as the service is being enjoyed monthly.

Therefore, insurance expense every month will increase by $1,200/6

$200

Remember that expense increase by debit and asset(Prepaid Insurance) decrease by credit.

So we have:

Debit insurance expense $200; Credit prepaid insurance $200

3 0
3 years ago
"Slumming" meant:
Andru [333]

Answer:

A.

Explanation:

The word 'slumming' can be defined as an act of going to socially low-level area and spending time there either with the purpose to do charity or just out of curiosity.

Harlem is a city located in the neighbourhood of New York City after blacks migrated to the place the city became a restricted area to go.

But in the early 1920s, the whites began slumming to Harlem. They left their sophisticated ways to get a share of black life. They packed themselves in speakeasies, dancehalls, jazz clubs, etc.

So, the correct answer is option A.

8 0
3 years ago
Discuss the pros and cons of four performance appraisal tools​
Tresset [83]

Answer:

Pros and cons are for every method listed below. A person can only see his strength and power during self assessment and he may ignore all his mistakes as it can be his over confidence in himself. Graphic rating may be disappointing as many employees can get same rating and there will not be any difference among them in the pay rise.

Explanation:

There are four major performance appraisal tools

1. Self assessment

2. Graphic Rating

3. Behavioral Checklist

4. 360 degree feedback

5 0
3 years ago
As a manager at Barcelona, which of the following activities do you think you would be encouraged to do? Check all that apply.
igor_vitrenko [27]

The manager at Barcelona would be highly encouraged to carry out the following activities:

  • <em>"A. Encourage the chef to create new menu items featuring seasonal ingredients</em>

<em />

  • <em>D. Require your restaurant employees to attend a mandatory training session on customer service"</em>

However, the manager cannot be encouraged to seek approval from Scott and Andy to advertise extended hours and use a new supplier since Scott and Andy may be employees.

Thus, the manager of Barcelona Restaurant will be encouraged to be innovative and ensure regular employee training to improve customer service and corporate profitability.

Read more about the responsibilities of a Restaurant Manager at brainly.com/question/16397522

7 0
3 years ago
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