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alex41 [277]
2 years ago
15

The manager of the bank where you work tells you that your bank has $5 million in excess reserves. She also tells you that the b

ank has $300 million in deposits and $255 million dollars in loans. Given this information you find that the reserve requirement must be
Business
2 answers:
netineya [11]2 years ago
7 0

Answer:

Reserve requirement = 40 / 300

Explanation:

Given:

Excess reserve = $5 million

Total deposit = $300 million

Total loan = $255 million

Computation of reserve requirement:

Reserve requirement = (Total deposit - Excess reserve - Total loan) / Total deposit

Reserve requirement = ($300 - $255 - $5) / $300

Reserve requirement = ($300 - $260) / $300

Reserve requirement = ($40) / $300

Reserve requirement = 40 / 300

mr_godi [17]2 years ago
3 0

Answer:

measured deposits as 40/300

Explanation:

given data

excess reserves = $5 million

deposits = $300 million

loans = $255 million

solution

when  bank not hold anything then there will amount of required reserve will be

amount of required reserve = ( deposit amount -  reserve - loan) ÷ deposit      ...................1

put here value

amount of required reserve =  \frac{300-255-5}{300}    

amount of required reserve = \frac{40}{300}

so that is measured deposits as 40/300

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ANTONII [103]

Answer:

65%

Explanation:

Calculation to determine its predetermined overhead rate for the next period should be:

Using this formula

OH rate = Estimated overhead next period/direct labor

Let plug in the formula

OH rate = $65,000/$100,000

OH rate = 65%

Therefore If CWN bases applied overhead on direct labor cost, its predetermined overhead rate for the next period should be: 65%

4 0
2 years ago
________ refers to ensuring that the human resources management function is delivering its services efficiently.
kari74 [83]

Answer: HR Department lever

Explanation:

HR department lever refers to ensuring that the human resources management function is delivering its services efficiently.

It should be noted that the three levers that exist in Human Resources are:

• HR department lever

• Employee cost lever

• Technology lever.

The Human Resource manager oversees the human resources department and make sure that services are provided effectively.

4 0
2 years ago
Pam and Lennyâs ice cream shop charges $1.6 for a cone. Variable expenses are $0.35 per cone, and fixed costs total $2,200 per m
Andrei [34K]

Answer:

Pam and Lenny's Ice Cream Shop

a. The effect of the promotion on operating income for the second week of February is an increase by $350.

b. The promotion should occur.  The shop will make additional operating income of $350 within the second week.  And there will be spillover positive effects during the coming weeks after the promotion.

Explanation:

a) Data and Calculations:

Selling price per cone of ice cream = $1.60

Variable expenses = $0.35

Contribution = $1.25

Fixed costs per month = $2,200

Additional sales from the promotion = 650 cones

Revenue from additional sales = $1,040.00 ($1.60 * 650)

Variable cost                                     227.50 ($0.35 * 650)

Cost of promotions:

Giveaways                                        297.50 ($0.35 * 850)

Advertising costs                              165.00

Total costs                                      $690.00

Additional income                          $350.00

6 0
2 years ago
Which option in a webmail program allows you to type a new message? The option allows you to create a new message. NextReset
mixas84 [53]

Answer:

The "compose" or "draft" option allows you to type a new message.

3 0
3 years ago
Portman Industries just paid a dividend of $1.68 per share. The company expects the coming year to be very profitable, and its d
alisha [4.7K]

Answer:

What is the expected dividend yield for Portman's stock today?

d. 6.40%

Suppose Portman is considering issuing 62,500 new shares at a price of $26.78 per share. If the new shares are sold to outside investors, by how much will Judy's investment in Portman Industries be diluted on a per-share basis?

a. $0.52 per share

Thus, Judy's investment will be diluted, and Judy will experience a total loss of $0.52 x 7,500 = $3,900

Explanation:

cost of equity = Re = risk free rate of return + (Beta × market premium) = 5% + (0.90 x 6%) = 10.4%

dividend in one year = $1.68 x 120% = $2.016

intrinsic stock price = $2.016 / (10.4% - 4%) = $31.50

expected dividend yield = dividend / stock price = $2.016 / $31.50 = 6.4%

Judy's loss per share = ($31.50 - $26.78) x (62,500 / 562,500) = $0.5244

7 0
3 years ago
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