Ask question

Ask question

All categories

3 years ago

9

Fiona deposits $2,000 into a savings account. If the Fed requires a 20 percent reserve ratio, how much of Fiona’s money can the

bank lend?
a.)$400
b.)$1,600
c.)$2,000
d.)$1,200

1 answer:

Scrat [10]3 years ago

6 0

the answer is B.)$1,600

You might be interested in

Smolira Golf Corp. has 20,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 w

DaniilM [7]

Answer:

Note: Missing question is attached below

Market value of equity = Shares * Share price = 20,000 * $58 = $1,160,000

Total debt = Current liabilities + Long term debt = $83,416 + $145,000 = $228,416

Book value of assets = $627,868

Tobin's Q = MV of equity + Bv of debt / Bv of assets

Tobin's Q = $1,160,000 + $228,416 / $627,868

Tobin's Q = 2.21

8 0

2 years ago

A restaurant chain hires two new restaurant managers. One manager is a woman, and one is a man. Both candidates are equally qual

slava [35]

Answer:

Equal Employment Opportunity Commission

Explanation:

The entity that would be involved in this case is the the EEOC. That is the equal employment opportunity commission. The violation that has occurred here is that both the man and the woman are equally qualified for this job but the owner wants to pay the woman a smaller salary compared to what he wants to pay the man. The EEOC handles such matters of discrimination to employees and workers based on gender, race, religion etc.

8 0

3 years ago

Using multiple cost drivers on a flexible budget report will generally ______. Multiple choice question.

lutik1710 [3]

Using multiple cost drivers on a flexible budget report will generally make the budget accurate and effective.

<h3>What is flexible budget performance report?</h3>

A flexible budget performance report serves as one that make comparison between actual revenues and costs for a period.

There are some method used in estimating this report, but multiple cost drivers is an effective method to get an accurate report.

Learn more about flexible budget performance report at:

brainly.com/question/27201970

5 0

2 years ago

Shopping situations can influence purchases. brenda was planning a small dinner party, and had gone to a new specialty food stor

grigory [225]

Brenda, who was planning a small dinner party and she found at the store a buy-one-get-one-free deal and a free gift with the purchase of a particular dessert, altered the menu as a result of the in-store promotion and ended up spending less than she'd planned. This shows that shopping situations can influence purchases, In this case, promotions in stores can influence purchase decisions.

3 0

2 years ago

Calculate the gross margin in both dollars and percentage for this swim department if net sales are $1,150,000 and cost of goods

yawa3891 [41]

The gross margin ratio is also known as the gross profit margin or the gross profit percentage.<span>

The gross margin ratio is computed by dividing the company's gross profit dollars by its net sales dollars.</span>

swim department net sales--------------------- $1,150,000

cost of goods sold<span> -------------------------------- $638,400</span>

This means its gross profit is $511,600 (net sales of $1,150,000 minus its cost of goods sold of $638,400) and its gross margin ratio is 44% (gross profit of $511,600 divided by net sales of $1,150,000).

6 0

3 years ago