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romanna [79]
3 years ago
10

Assume that the following data describe the condition of the banking system: Total reserves $100 billion Transactions deposits $

800 billion Cash held by public $400 billion Reserve requirement 0.10 Suppose the Fed wanted to stop further lending activity. To do this, what reserve requirement should the Fed impose?
Business
1 answer:
gogolik [260]3 years ago
8 0

Answer:

12.5%

Explanation:

The computation of the reserve requirement is shown below:

We know that

Total reserves = New reserve requirement × transaction deposits

$100 billion = New reserve requirement × $800 billion

So, the New reserve requirement would be

= $100 billion ÷ $800 billion

= 0.125 or 12.5%

All other information which is given is not relevant. Hence, ignored it

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The amount of earnings distributed to stockholders can be found in the income statement.
evablogger [386]

Answer:

Unearned membership revenue of $9,000

Explanation:

The sales on credit during January 2017 was valued at $12,000 ($200 x 60).

In March 2017, customers paid $3,000, leaving the balance of $9,000 outstanding.

Since the season for which sales and collections were made starts March 1, 2017, when reporting the financial statements for the period ending March 31, 2017, the Membership Revenue would be $3,000 only and the balance $9,000 would be reported as Unearned Membership Revenue in the Balance Sheet with a further $9,000 reported in the Accounts Receivable to balance the records.

This shows that Unearned Membership Revenue of $9,000 is the only valid statement.

3 0
4 years ago
Cobe Company has already manufactured 17,000 units of Product A at a cost of $20 per unit. The 17,000 units can be sold at this
AlexFokin [52]

Answer:

differential analysis:

                         No further process      Process further         Differential

                                                                                                 amount

Sales revenue            $410,000                $1,213,400             $803,400

Production costs     ($340,000)               ($580,000)           ($240,000)

Operating income       $70,000                  $633,400            $563,400

The company should process further and sell products B and C because its operating income will increase by $563,400.

6 0
3 years ago
Mr. Smith believes that there is going to be rise in the equities market. Based on this information, what would allow Mr. Smith
White raven [17]

Answer:

The answer is 'Buy a Stock Index Future'

Explanation:

To take best advantage of this situation, Mr Smith should go long(buy) on this stock.

Stock Index Future js a method of derivates. Futures, like forward contract is a forward commitment which obligates the buyer to purchase an asset or the seller to sell an asset and have a predetermined future date and price. Future is used to hedge against worse future situations.

7 0
4 years ago
what do you do if a caller needs a particular question answered and you're completely uncertain about who the caller should cont
barxatty [35]
(D) ask the callers name, number, and purpose of the call and tell him or her someone will call back in a few minutes.
The other answers do not look professional,as for answer D, the caller will feel you really care about him or her, since you have taken their contact detail and you have assured them someone will call them back shortly. It shows as a business you but your callers need first.
5 0
4 years ago
The _____________ define(s) what the system does.
labwork [276]
1.A.The mission of the System
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